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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
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 analyse the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014275962
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
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the United States. My intent is to try to identify key questions raised in the recent literature, and some from the earlier literature, which I think hold the most promise for...
Persistent link: https://www.econbiz.de/10011939807
We present a dynamic quantitative trade and migration model that incorporates downward nominal wage rigidities and show how this framework can generate changes in unemployment and labor participation that match those uncovered by the empirical literature studying the "China shock." We find that...
Persistent link: https://www.econbiz.de/10013384886
Persistent link: https://www.econbiz.de/10003498661
The concept of the employment threshold plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...
Persistent link: https://www.econbiz.de/10009781535
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
of partial US sanctions decreases trade by 16 percent. When complete export and import sanctions are implemented, US …, respectively. In contrast, the application of partial export and import sanctions leads to a decrease in trade by 13 percent and 17 …
Persistent link: https://www.econbiz.de/10014464169
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global value chain linkages between all country-sectors, (2) direct as well as indirect shipments (via other sectors and countries) to a final destination, (3) value added rather than...
Persistent link: https://www.econbiz.de/10011962330