A recent boom in commodities-for-manufactures trade between China and other developing countries has led to much … import competition experienced slower growth in manufacturing wages and in-migration rates between 2000 and 2010, and greater …

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … producing old goods. Trade liberalization with a low wage country reduces the profitability of old goods and so the opportunity … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with …

from a baseline OECD growth rate of 2% we find that trade integration with low-wage countries in the decade around China …In a general equilibrium product-cycle model, lower trade barriers in-crease Southern purchasing power, which lifts …, raising growth to 2.7%. China accounts for about half of these growth increases. …

the removal of product-specific quotas following China's entry into the World Trade Organization. Chinese import … European technology upgrading over 2000-2007 (and even higher when allowing for offshoring to China). Rising Chinese import …

CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We …: the use of Special Economic Zones (SEZs) to attract foreign direct investment (FDI), and the rate at which state owned … introduction of FDI via SEZs. However, the SEZ effect disappears having accounted for the city-level composition of firms and …

This paper embeds a principal-agent firm in an otherwise standard trade model a la Melitz (2003) to investigate the … less productive firms use a lowered- powered one. International trade within an industry enhances market competition … international trade on firms that differ in their exporting status and pay structure result in more prevalence of high …

frictions, and foreign trade. This framework emphasizes firm heterogeneity and search and matching frictions in labor markets …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … country's trade partner. Unemployment benefits can alleviate the distortions in a country's labor market in some cases but not …