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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
-through into destination prices at all horizons. In contrast, large import-intensive firms tend to denominate their exports in …
Persistent link: https://www.econbiz.de/10012482146
We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C-BAT is unlikely to be neutral at the macroeconomic...
Persistent link: https://www.econbiz.de/10012453018
We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input-Output Database. We find that the growth in U.S. exports led to increased demand for 2 million jobs in manufacturing, 0.5 million in resource industries, and a remarkable 4.1 million jobs...
Persistent link: https://www.econbiz.de/10012453691
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
their mode of export - either directly or indirectly through an intermediary. The model predicts that intermediaries will be …
Persistent link: https://www.econbiz.de/10012462946
and joint ventures trade more and import more products from more source countries, but export fewer products to fewer … international trade and the importance of foreign ownership for firms' export and import decisions …
Persistent link: https://www.econbiz.de/10012463400
This paper: outlines an algorithm for concording U.S. ten-digit Harmonized System export and import codes over time …
Persistent link: https://www.econbiz.de/10012463810