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value of China's exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively …
Persistent link: https://www.econbiz.de/10010464697
.S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure … sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …
Persistent link: https://www.econbiz.de/10012105572
intensive industries, such as cement, by increasing the relative cost of domestic production. -- capacity investment ; demand …
Persistent link: https://www.econbiz.de/10008696743
Persistent link: https://www.econbiz.de/10013187688
a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major … equilibrium channels-weak overall U.S. job growth. Our central estimates suggest job losses from rising Chinese import competition …
Persistent link: https://www.econbiz.de/10010528328
. Firms import intermediate inputs from home or foreign suppliers, but with higher costs in the latter case. Due to fixed … the model with newly-compiled monthly aggregate U.S. import data and industrial production data going back to 1962, and …
Persistent link: https://www.econbiz.de/10010358978
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...
Persistent link: https://www.econbiz.de/10010229883
of trade shocks into national-level outcomes. Employment has fallen in U.S. industries more exposed to import competition …. Offsetting employment gains in non-tradables, export-oriented tradables, or imported-input-using industries have yet to …
Persistent link: https://www.econbiz.de/10011444857
2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face … move out of manufacturing conditional on separation. These findings reveal that import shocks impose substantial labor …
Persistent link: https://www.econbiz.de/10010412742
differences across monopolistically competitive firms are endogenous and depend on investment decisions at the entry stage. By …. Export opportunities, instead, shift expected profits to the tail and increase the value of technological heterogeneity. We …, built from highly disaggregated US import data. Consistent with the model, financial development increases sales dispersion …
Persistent link: https://www.econbiz.de/10011447515