Showing 1 - 10 of 573
estimates of the trade elasticity. We use data on US imports and trade policy from 1974-2017 for China and Vietnam …
Persistent link: https://www.econbiz.de/10015361444
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 …
Persistent link: https://www.econbiz.de/10014486241
What is the optimal macroeconomic tariff when trade is imbalanced and the policy objectives go beyond social welfare and also include fiscal revenues, increasing the number of manufacturing jobs, and closing a trade deficit? We study these questions in an environment which allows for long-run...
Persistent link: https://www.econbiz.de/10015409871
We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of Britain's exit from the European Union (Brexit). Our analysis reveals that an increase in the probability of Brexit increases U.K. import price indices by raising the prices of...
Persistent link: https://www.econbiz.de/10014337833
We examine US workers' employment and earnings before and after trade liberalization with China. Among workers initially employed in manufacturing, we find substantial and persistent declines in both outcomes, with indirect exposure via input-output linkages exacerbating the negative effects of...
Persistent link: https://www.econbiz.de/10014544717
This paper shows that ethnically remote locations do not reap the full peace dividend from increased market access. Exploiting the staggered implementation of the US-initiated Africa Growth and Opportunity Act (AGOA) and using high-resolution data on ethnic composition and violent conflict for...
Persistent link: https://www.econbiz.de/10013537756
This paper uses millions of records from a cross-country and time series database of both publicly listed and private companies to disentangle the role of technological change, market power, and globalization in driving a fall in the labor share. Labor shares are measured at the enterprise level...
Persistent link: https://www.econbiz.de/10014468215
We study the role of export credit agencies--the predominant tool of industrial policy--on firm behavior by using the effective shutdown of the Export-Import Bank of the United States (EXIM) from 2015-2019 as a natural experiment. We show that firms that previously relied on EXIM support saw a...
Persistent link: https://www.econbiz.de/10014468219
, balanced trade is consistent with non-zero exports and imports. In general, high enough bilateral tariffs lead to an autarkic …
Persistent link: https://www.econbiz.de/10015409774
- distribution. Consensus emerges for Retreat from free trade when imports are high and domestic transfers are low, suggesting that …
Persistent link: https://www.econbiz.de/10014372419