Showing 1 - 10 of 1,060
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
Policy makers often express concern about the impact of carbon taxes on employment and GDP. Focusing on European countries that have implemented carbon taxes over the past 30 years, we estimate the macroeconomic impacts of these taxes on GDP and employment growth rates for various specifications...
Persistent link: https://www.econbiz.de/10012481343
We estimate the effect of immigrant flows on native employment in Western Europe, and then ask whether the employment consequences of immigration vary with institutions that affect labor market flexibility. Reduced flexibility may protect natives from immigrant competition in the near term, but...
Persistent link: https://www.econbiz.de/10012470055
We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...
Persistent link: https://www.econbiz.de/10014322745
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...
Persistent link: https://www.econbiz.de/10012460081
Abstract We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing...
Persistent link: https://www.econbiz.de/10012660079
about 30% of that coming from export growth. In fact, total employment increased by 7.5-8 million per year over 1997 …-2005. We estimate that export growth over 1997-2002 contributed at most 2.5 million jobs per year, with most of the employment …
Persistent link: https://www.econbiz.de/10012465094
We examine the employment responses to import competition from China and to global export expansion from the United …, at both the industry level and the local commuting zone level, the global export expansion of US products also creates a … import and export exposure is roughly balanced at the commuting zone level …
Persistent link: https://www.econbiz.de/10012453657
We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input-Output Database. We find that the growth in U.S. exports led to increased demand for 2 million jobs in manufacturing, 0.5 million in resource industries, and a remarkable 4.1 million jobs...
Persistent link: https://www.econbiz.de/10012453691
This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...
Persistent link: https://www.econbiz.de/10012456773