Showing 1 - 10 of 695
This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and pull upstream and downstream countries in asymmetric...
Persistent link: https://www.econbiz.de/10013471205
Persistent link: https://www.econbiz.de/10002182071
I examine the effects of globalization in countries where the employed workers support the unemployed and the governments control wages by regulating the workers' relative bargaining power. I use a general oligopolistic equilibrium model of two integrated countries with two inputs: labor and...
Persistent link: https://www.econbiz.de/10011596113
Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...
Persistent link: https://www.econbiz.de/10003328062
reduction in US trade policy uncertainty: the conferral of Permanent Normal Trade Relations (PNTR) to China. Using detailed data … establish more subsidiaries in China after PNTR, especially those that emit pollutants heavily. …
Persistent link: https://www.econbiz.de/10013540780
Evidence about the effect of exports on welfare at the local level is scarce. Using a unique dataset of international … provides new evidence on the impact of a significant rise in exports on poverty and inequality at the local level. The analysis … implements an instrumental variable approach that combines the initial structure of exports across municipalities with global …
Persistent link: https://www.econbiz.de/10012267648
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10002707372
, the accession of China to the World Trade Organization has dramatically amplified the effects of these structural …Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …
Persistent link: https://www.econbiz.de/10009656609
This paper provides new estimates of the effects of ethnic network on U.S. exports. In line with recent research, our … dataset is a panel of exports from U.S. states to 29 foreign countries. Our analysis departs from the literature in two ways … networks ; state exports …
Persistent link: https://www.econbiz.de/10003289885
on trade, and especially on exports. Those immigrants should be the ones directly involved in the diffusion and … those contributing to export by the largest margin. Business network effects seem particularly important in stimulating … exports to culturally different countries, such as those with different legal origin. -- migration ; international trade …
Persistent link: https://www.econbiz.de/10009631442