Showing 1 - 10 of 431
We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of … U.K. import price indices by raising the prices of existing products and by reducing product variety from the E.U. We … find evidence that the risk of higher import protection from the 2016 referendum increased current import price indices by …
Persistent link: https://www.econbiz.de/10014337833
We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter dynamics to estimate the dynamic path of the probability of transiting between Normal Trade Relations and a trade war state. We find (i) there was no increase in the likelihood...
Persistent link: https://www.econbiz.de/10014486241
scope. Using a structural model, we estimate that the simultaneous export and import in a given country reduces export and … local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used … import fixed costs by over 41 and 37 percent, respectively …
Persistent link: https://www.econbiz.de/10015056127
We examine the distributional consequences of trade using the New World Grain Invasion that occurred in the second half of the 19th century. We use a newly-created dataset on population, employment by sector, property values, and poor law transfers for over 10,000 parishes in England and Wales...
Persistent link: https://www.econbiz.de/10015072899
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality...
Persistent link: https://www.econbiz.de/10014226112
immigration may have played in enabling U.S. commuting zones to respond to manufacturing job loss caused by import competition … industries that would later see increased import penetration from China. The foreign-born share of the working-age population in …
Persistent link: https://www.econbiz.de/10013537796
Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while …
Persistent link: https://www.econbiz.de/10012659997
. Adverse impacts of import competition on manufacturing employment, overall employment-population ratios, and income per capita … in more trade-exposed U.S. commuting zones are present out to 2019. Over the full study period, greater import … that the China trade shock holds lessons for other episodes of localized job loss. Import competition from China induced …
Persistent link: https://www.econbiz.de/10012660079
Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of firm-to-firm matching that...
Persistent link: https://www.econbiz.de/10012814460
We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows...
Persistent link: https://www.econbiz.de/10012480070