Showing 1 - 10 of 1,047
We characterize what features make supply chains more resilient. Using new data on the universe of firm-to-firm transactions from an Indian state, we identify firms with larger supplier risk following the Covid-19 lockdowns. Using an event-study design we find firms with suppliers in...
Persistent link: https://www.econbiz.de/10013462737
This paper studies the evolution of China's production and trade patterns during its integration into the global … growth acted as a counterforce. Consistent with the data, our model demonstrates that China's trade openness peaked around … that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity …
Persistent link: https://www.econbiz.de/10014544694
and in nearly all scientific fields studied. This stands in contrast to the pattern of home bias for China's trade in … as deviations from this norm. Our findings reveal that China exhibits the largest home bias across all major countries … goods and services, where China does not stand out from most industrialized countries. After adjusting citation counts for …
Persistent link: https://www.econbiz.de/10014544746
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance … sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China …'s manufacturing seller incidence falls (seller price rises) 7.6% yearly as China's sales share quadruples over 2000-14. US seller …
Persistent link: https://www.econbiz.de/10014576571
quality segment in China's export markets, we confirm all four hypotheses. By implication, and unlike in standard CES models …, the impact of trade on innovation depends critically on how it drives scale and competition in high- versus low …
Persistent link: https://www.econbiz.de/10013388811
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
We investigate the phenomenon of trade re-allocations across countries as a result of the U.S.- China trade war. Using …, including products not targeted by U.S. tariffs on China. We are however the first to ask what seems to drive these trade … quarterly data on U.S. imports, we find evidence, as do others, of trade diversion in a range of industries and products …
Persistent link: https://www.econbiz.de/10014437053
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … the China shock. The main lessons learned in this review are: (i) the aggregate gains from U.S.-China trade created …
Persistent link: https://www.econbiz.de/10013361989
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal … tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions … our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …
Persistent link: https://www.econbiz.de/10015056161
International transactions are costly because they require investments in logistics, contracts, and the acquisition of local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used toward costs of acquiring imports from that same...
Persistent link: https://www.econbiz.de/10015056127