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the US, China, and rest of world. On average, countries decreased exports to China and increased exports to the US and … rest of world. Most countries export products that complement the US and substitute China, and a subset operate along …We study global trade responses to the US-China trade war. We estimate the tariff impacts on product-level exports to …
Persistent link: https://www.econbiz.de/10012794590
Abstract We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period … that the China trade shock holds lessons for other episodes of localized job loss. Import competition from China induced … China, a substantial fraction of commuting zones appears to have suffered absolute declines in average real incomes …
Persistent link: https://www.econbiz.de/10012660079
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 … China would face Non-Normal Trade Relations tariffs in the future. Our findings imply that the expected mean future U ….S. tariff on China rose more under President Biden than under President Trump. We also show that the trade response to the trade …
Persistent link: https://www.econbiz.de/10014486241
tariff escalation increasing in the extent of downstream returns to scale. A quantitative evaluation of the US-China trade …
Persistent link: https://www.econbiz.de/10013334443
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
the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers … Boeing's significant reliance on EXIM for export credit. Moreover, we find that this decline is driven by financially … aircraft despite the EXIM shock. Our results are consistent with the view that government-sponsored export credit is mostly …
Persistent link: https://www.econbiz.de/10014337795
factors specific to export and import-competing sectors respectively. Consistent with the post-Civil War Era of Restriction …
Persistent link: https://www.econbiz.de/10014372419
A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the expense of others. In this paper we develop a methodology that can be used to reveal the welfare weights that a nation's import tariffs implicitly place on different groups of...
Persistent link: https://www.econbiz.de/10014421223
global input-output data, we show that US exposure to foreign suppliers, and particularly to China, is 'hidden' in the sense …
Persistent link: https://www.econbiz.de/10014421246
hinge on import demand and export supply elasticities, which we estimate using detailed U.S. import data from 1927-35, as …
Persistent link: https://www.econbiz.de/10012599405