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Growth and Risk : A View from International Trade
Krishna, Pravin; Levchenko, Andrei A.; Ma, Lin; … - National Bureau of Economic Research - 2023
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality...
Persistent link: https://www.econbiz.de/10014226112
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Trading Places : Mobility Responses of Native and Foreign-Born Adults to the China Trade Shock
Autor, David H.; Dorn, David; Hanson, Gordon H. - National Bureau of Economic Research - 2023
Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to shifting regional economic conditions. We examine the role that immigration may have played in enabling U.S. commuting...
Persistent link: https://www.econbiz.de/10013537796
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Investment in Infrastructure and Trade : The Case of Ports
Brancaccio, Giulia; Kalouptsidi, Myrto; Papageorgiou, … - National Bureau of Economic Research - 2024
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 operate efficiently. Yet ports are susceptible to disruptions,...
Persistent link: https://www.econbiz.de/10014544781
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Cutting Out the Middleman : The Structure of Chains of Intermediation
Grant, Matthew; Startz, Meredith L. - National Bureau of Economic Research - 2022
Distribution of goods often involves multiple intermediaries engaged in sequential buying and reselling. Why do these chains of intermediation exist, and what are their implications for consumers? We show that multi-intermediary chains arise in response to internal economies of scale in trade...
Persistent link: https://www.econbiz.de/10013334328
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New Measurement of Export Participation in U.S. Manufacturing
Boehm, Christoph E.; Flaaen, Aaron; Pandalai-Nayar, Nitya - National Bureau of Economic Research - 2023
We measure export participation rates in the U.S. manufacturing sector using a new administrative dataset and compare … firm level export participation rates are near 40 percent in the administrative data, almost twice as high as in the CM … reconsidering the conventional wisdom that around 20 percent of manufacturing firms export …
Persistent link: https://www.econbiz.de/10013537758
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Supply Chain Adjustments to Tariff Shocks : Evidence from Firm Trade Linkages in the 2018-2019 U.S. Trade War
Handley, Kyle; Kamal, Fariha; Monarch, Ryan - National Bureau of Economic Research - 2023
decline in import growth. We then construct measures of export exposure to import tariffs by linking tariffs paid by importing …
Persistent link: https://www.econbiz.de/10014337835
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Lessons from U.S.-China Trade Relations
Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
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The Empire Project : Trade Policy in Interwar Canada
Lampe, Markus; O'Rourke, Kevin Hjortshøj; Reiter, Lorenz; … - National Bureau of Economic Research - 2023
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyze the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014287339
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Reciprocity and the China Shock
Bown, Chad P.; Caliendo, Lorenzo; Parro, Fernando; … - National Bureau of Economic Research - 2024
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...
Persistent link: https://www.econbiz.de/10015056161
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Bilateral Economies of Scope
Li, Yao; Xu, Sichuang; Yeaple, Stephen R.; Zhao, Tengyu - National Bureau of Economic Research - 2024
local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used … scope. Using a structural model, we estimate that the simultaneous export and import in a given country reduces export and …
Persistent link: https://www.econbiz.de/10015056127