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Simulating the Elimination of the U.S. Corporate Income Tax

Fehr, Hans - 2013

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate income tax produces rapid and dramatic increases in...

Persistent link: https://www.econbiz.de/10013071508

Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China

Fehr, Hans - 2009

This paper develops a dynamic, life-cycle, general equilibrium model to study the interdependent demographic, fiscal, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period of rapid and significant aging requiring major fiscal...

Persistent link: https://www.econbiz.de/10012767513

Import competition and the great US employment sag of the 2000s

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2015

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...

Persistent link: https://www.econbiz.de/10010528574

Return of the Solow paradox? : IT, productivity, and employment in US manufacturing

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014

-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

Persistent link: https://www.econbiz.de/10010236437

Foreign Competition and Domestic Innovation : Evidence from U.S. Patents

Autor, David H. - 2016

The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal analysis of the effect of surging import competition on...

Persistent link: https://www.econbiz.de/10012978100

On the persistence of the China shock

Autor, David H.; Dorn, David; Hanson, Gordon H. - 2021

We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing employment,...

Persistent link: https://www.econbiz.de/10012653204

Foreign competition and domestic innovation : evidence from U.S. patents

Autor, David H.; Dorn, David; Hanson, Gordon H.; … - 2019

Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...

Persistent link: https://www.econbiz.de/10012119210

Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

-level approaches to estimate the size of (a) employment losses in directly exposed manufacturing industries, (b) employment effects in … indirectly exposed upstream and downstream industries inside and outside manufacturing, and (c) the net effects of conventional …

Persistent link: https://www.econbiz.de/10013048616

Return of the Solow Paradox? It, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron - 2014

Persistent link: https://www.econbiz.de/10013060261