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Importe haben für manche Gruppen einer Volkswirtschaft eine unangenehme Konsequenz: Importe reduzieren die Gewinne; sie zerstören Arbeitsplätze in den Sektoren, die Importsubstitute herstellen; sie bedrohen die Position von Wirtschaftszweigen und vernichten gar die Existenz. Möglicherweise...
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We analyze the impact of trade-induced income shocks on the size of local government, and the provision of public services. Areas in the US with declining labor demand and incomes due to increasing import competition from China experience relative declines in housing prices and business...
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This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...
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This chapter investigates the non-market response of firms to international trade shocks increasing the level of competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The effect on lobbying is not homogeneous across firms...
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We study the growth of Chinese imports into the United States from autarky during 1950-1970 to about 15 percent of overall imports in 2008, taking advantage of the rich heterogeneity in trade policy and trade growth across products during this period. Central to our analysis is an accounting for...
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