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real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …
Persistent link: https://www.econbiz.de/10012510589
The 'China shock' operated in part through the housing market, and that is an important reason why the China shock was … as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … China shock would have been reduced by more than one-half. Housing prices in the United States did respond to the China …
Persistent link: https://www.econbiz.de/10012480375
gain due to merchandise exports was 3.7 million jobs. In comparison, U.S. merchandise imports from China led to reduced … from China over 1995-2011 created net demand for about 1.7 million jobs. Comparing the growth of U.S. merchandise exports …
Persistent link: https://www.econbiz.de/10012453691
China's rapid rise in the global economy following its 2001 WTO entry has raised questions about its economic impact on … the rest of the world. In this paper, we focus on the U.S. market and potential consumer benefits. We find that the China … attention in the literature, is the U.S. granting permanent normal trade relations (PNTR) to China. A second, new channel we …
Persistent link: https://www.econbiz.de/10012455194
We examine the price and variety of products at the barcode level in cities within China and the United States. In both … countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of … follows that the cost of living for grocery-store products in China is lower in larger cities. We further compare the cost …
Persistent link: https://www.econbiz.de/10012455520