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Opioid addiction and mortality skyrocketed over the past decade. A casual look at the geographic incidence of opioid mortality shows sharply higher mortality rates in the Appalachian region, especially in coal-mining areas. This has led observers to make a link that was characterized by one...
Persistent link: https://www.econbiz.de/10012480495
future. This paper summarizes the key themes emerging from a conference on de-industrialization. De-industrialization is a …
Persistent link: https://www.econbiz.de/10012455664
We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …, Italy, Japan, and the United States. In all six countries we find a strong negative relationship between a city's share of … number of cities was able to adapt to the negative shock caused by deindustrialization. The U.S. has the lowest share …
Persistent link: https://www.econbiz.de/10014447269
This paper surveys macroeconomic and microeconomic perspectives on the role of international trade in structural transformation. We start by describing canonical frameworks that have been used to quantify how trade influences sectoral shares of employment and value added. We then pivot to survey...
Persistent link: https://www.econbiz.de/10012510598
Applications for new businesses from the U.S. Census Bureau's monthly and weekly Business Formation Statistics (BFS) fell substantially in the early stages of the pandemic but then surged in the second half of 2020. This surge has continued through May 2021. The pace of applications since...
Persistent link: https://www.econbiz.de/10012585396
Between 1880 and 1920, the US agricultural employment share fell from 50% to 25%. However, despite aggregate demand shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non-agricultural parts of the US. We propose a spatial...
Persistent link: https://www.econbiz.de/10013388845
shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our … deindustrialization. Third, differences in the rate of agricultural productivity growth across economies can account for a large share of …
Persistent link: https://www.econbiz.de/10012481434
Jagdish Bhagwati. This paper models the deindustrialization hypothesis explicitly as a domestic distortions issue, and shows …
Persistent link: https://www.econbiz.de/10012473386
This paper models an economy in which it is costly to move resources between the tradeable and nontradeable sectors. The economy is subject to capital flows that are unpredictable and are perceived as having only limited persistence. The model shows that both the fact that capital flows are...
Persistent link: https://www.econbiz.de/10012476468
We add to recent evidence on deindustrialization and document a new pattern: increasing industry polarization over time … deindustrialization, and sectoral trade integration is important for industry polarization through specialization. The interaction of …
Persistent link: https://www.econbiz.de/10012696392