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Import competition from China is pervasive in the sense that for many good categories, the competitive environment that …. This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi vis-à-vis the USD from … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …
Persistent link: https://www.econbiz.de/10011145441
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Have exogenous changes in import competition from low-wage countries (LWCs) brought about changes in inflationary pressure in Europe? This paper examines whether labor-intensive exports from Asia and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden,...
Persistent link: https://www.econbiz.de/10010688163
annum. The most substantial impact on inflation arises, however, from the role of lower markups in reducing the inflation … markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising …
Persistent link: https://www.econbiz.de/10005667140
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate …
Persistent link: https://www.econbiz.de/10013361989
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in market share, Nordic producer prices decrease by about 2.0%. This China effect entails a drop of 14% in producer …
Persistent link: https://www.econbiz.de/10009275961
What is the impact of import competition from other low-wage countries (LWCs) on inflationary pressure in Western Europe? This paper seeks to understand whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany,...
Persistent link: https://www.econbiz.de/10008784764