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Rational Atrophy : The US Steel Industry
Tornell, Aaron - 1997
During the seventies and eighties the US steel industry received trade protection. However, these rents were not used to improve competitiveness. Instead, they were reflected in higher wages and a greater share of profits invested in sectors not related to steel. Moreover, the steel industry...
Persistent link: https://www.econbiz.de/10012472730
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Reallocation and Technology : Evidence from the U.S. Steel Industry
Collard-Wexler, Allan - 2013
We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry's productivity is linked to this new technology, and...
Persistent link: https://www.econbiz.de/10012459923
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Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity
Bloom, Nicholas - 2011
effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …
Persistent link: https://www.econbiz.de/10012461940
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U.S. Antidumping Policies : The Case of Steel
Eichengreen, Barry J. - 1983
This paper examines the controversy surrounding recent allegations that foreign producers are dumping steel products onto U.S. markets. The paper is in four sections, which take four quite distinct views of dumping and recent U.S. antidumping policies, emphasizing the changing definition of...
Persistent link: https://www.econbiz.de/10012478004
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U.S. Wages in General Equilibrium : The Effects of Prices, Technology, and Factor Supplies, 1963-1991
Harrigan, James - 1999
Wage inequality in the United States has increased, and many suspect that the main causes are changes in technology, international competition, and factor supplies. Our empirical model estimates the general equilibrium relationship between wages and technology, prices, and factor supplies. The...
Persistent link: https://www.econbiz.de/10012471819
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Local Shocks and Internal Migration : The Disparate Effects of Robots and Chinese Imports in the US
Faber, Marius; Sarto, Andrés P.; Tabellini, Marco - National Bureau of Economic Research - 2022
Migration is a key mechanism through which local labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the 1990s: Chinese import competition and the introduction of...
Persistent link: https://www.econbiz.de/10013210076
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Labor Market Shifts and the Price Puzzle Revisited
Krueger, Alan B. - 1997
This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to...
Persistent link: https://www.econbiz.de/10012472900
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The Geography of Trade and Technology Shocks in the United States
Autor, David H. - 2013
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United States. Regional exposure to technological change, as measured by specialization in routine task-intensive production and clerical occupations, is largely uncorrelated with regional...
Persistent link: https://www.econbiz.de/10012459721
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Technological Rivalry and Optimal Dynamic Policy in an Open Economy
Bai, Yan; Jin, Keyu; Lu, Dan - National Bureau of Economic Research - 2023
R&D innovation. Our key insight is that a country has incentives to influence foreign innovation efforts across sectors … and over time---giving rise to optimal policies even when the private innovation allocations are (Pareto) efficient. We … same time invoking domestic innovation subsidies during transition. By contrast, optimal policies under exogenous …
Persistent link: https://www.econbiz.de/10014372460
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Airbus versus Boeing Revisited : International Competition in the Aircraft Market
Irwin, Douglas A. - 2001
This paper examines international competition in the commercial aircraft industry. We estimate a discrete choice, differentiated products demand system for wide-body aircraft and examine the Airbus-Boeing rivalry under various assumptions on firm conduct. We then use this structure to evaluate...
Persistent link: https://www.econbiz.de/10012470067