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detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …
Persistent link: https://www.econbiz.de/10012550202
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U …
Persistent link: https://www.econbiz.de/10010229883
the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and-through input-output linkages and other general …
Persistent link: https://www.econbiz.de/10010528328
We empirically examine how import competition affects sentiment toward China in local communities in the United States using a news-based index for sentiment. Results are threefold. First, U.S. sentiment toward China peaked in 2007 before turning negative. Second, communities more exposed to...
Persistent link: https://www.econbiz.de/10014514814
With fixed costs of price and quantity adjustment, output effects of inflation depend on the elasticity of the firm's marginal real revenue. If the elasticity always exceeds minus unity, then output decreases with inflation, while if the elasticity is always less than minus unity, then output...
Persistent link: https://www.econbiz.de/10003121028
Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …
Persistent link: https://www.econbiz.de/10009736762
We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …
Persistent link: https://www.econbiz.de/10011398919
firms in China. Using a unique and detailed dataset on manufacturing firms in China, we are able to follow the changes in … (profit seeking) manufacturing firms to benefit from agglomeration economies. …
Persistent link: https://www.econbiz.de/10010375399
The literature on trade liberalization has recently shifted its attention from trade liberalization in imported final goods to studying the effects of trade liberalization in imported intermediate inputs. This emphasis fits very well the trade liberalization experience of China following its...
Persistent link: https://www.econbiz.de/10011444880
matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our …
Persistent link: https://www.econbiz.de/10010391833