Showing 1 - 10 of 260
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 … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
The impact of shocks in dynamic environments depends on how forward-looking agents anticipate the path of future fundamentals that shape their decisions. We incorporate flexible beliefs about future fundamentals in a general class of dynamic spatial models, allowing beliefs to be evolving,...
Persistent link: https://www.econbiz.de/10014322891
We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial … knowledge. Global ideas diffuse more to locations that are relatively more exposed to international trade. Local ideas are … diffused across space when workers move to another location. We embed the diffusion of ideas through trade and migration into a …
Persistent link: https://www.econbiz.de/10013435141
Russia invasion. We study its dynamic effects in a spatial model with forward-looking households of different skills, trade …
Persistent link: https://www.econbiz.de/10013537773
Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to greater import competition from Eastern Europe led to worse...
Persistent link: https://www.econbiz.de/10013334338
We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … lens of a quantitative, general equilibrium, multi-country, multi-sector model of trade with four key ingredients: (a …) workers with different levels of skills are organized into separate representative households; (b) endogenous trade imbalances …
Persistent link: https://www.econbiz.de/10013334406
exposed to the China trade shock, the overall contribution of immigration to labor market adjustment in this episode was small … regions with high trade exposure was only three-fifths that in regions with low exposure. Immigration thus appears more likely …
Persistent link: https://www.econbiz.de/10013537796
We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other … US trade partners at the detailed geographic level, exploiting measures of local exposure to US import tariffs, foreign … retaliatory tariffs, and US compensation programs. The trade-war has not to date provided economic help to the US heartland …
Persistent link: https://www.econbiz.de/10014468281
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 …
Persistent link: https://www.econbiz.de/10014544694
We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and … exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by …
Persistent link: https://www.econbiz.de/10014337835