Showing 1 - 10 of 744
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 … the China shock. The main lessons learned in this review are: (i) the aggregate gains from U.S.-China trade created …
Persistent link: https://www.econbiz.de/10013361989
Transportation infrastructure is vital for the smooth functioning of international trade. Ports are a crucial gateway … to this system: with more than 80% of trade carried by ships, they shape trade costs, and it is critical that they … unveils three policy-relevant messages: (i) investing in port infrastructure can lead to substantial trade and welfare gains …
Persistent link: https://www.econbiz.de/10014544781
. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …
Persistent link: https://www.econbiz.de/10014250184
records from the world's largest payment network, this research compiles daily travel flows and documents that China's rapid …
Persistent link: https://www.econbiz.de/10013388818
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 … that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity …
Persistent link: https://www.econbiz.de/10014544694
and in nearly all scientific fields studied. This stands in contrast to the pattern of home bias for China's trade in … as deviations from this norm. Our findings reveal that China exhibits the largest home bias across all major countries … goods and services, where China does not stand out from most industrialized countries. After adjusting citation counts for …
Persistent link: https://www.econbiz.de/10014544746
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance … sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China …'s manufacturing seller incidence falls (seller price rises) 7.6% yearly as China's sales share quadruples over 2000-14. US seller …
Persistent link: https://www.econbiz.de/10014576571
quality segment in China's export markets, we confirm all four hypotheses. By implication, and unlike in standard CES models …, the impact of trade on innovation depends critically on how it drives scale and competition in high- versus low …
Persistent link: https://www.econbiz.de/10013388811
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 … China would face Non-Normal Trade Relations tariffs in the future. Our findings imply that the expected mean future U ….S. tariff on China rose more under President Biden than under President Trump. We also show that the trade response to the trade …
Persistent link: https://www.econbiz.de/10014486241
We investigate the phenomenon of trade re-allocations across countries as a result of the U.S.- China trade war. Using …, including products not targeted by U.S. tariffs on China. We are however the first to ask what seems to drive these trade … quarterly data on U.S. imports, we find evidence, as do others, of trade diversion in a range of industries and products …
Persistent link: https://www.econbiz.de/10014437053