Showing 1 - 10 of 162
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
I study how people understand and reason about trade and which factors shape their views on trade policy. I design and … run large-scale surveys and experiments in the U.S. to elicit respondents' knowledge and understanding of trade. I also … ask about their perceived economic gains and distributional impacts from trade and their views on trade restrictions and …
Persistent link: https://www.econbiz.de/10013210068
escalation. Yet neoclassical trade theory - and modern Ricardian trade models, in particular - predict that welfare … tariff escalation increasing in the extent of downstream returns to scale. A quantitative evaluation of the US-China trade …
Persistent link: https://www.econbiz.de/10013334443
We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter … dynamics to estimate the dynamic path of the probability of transiting between Normal Trade Relations and a trade war state. We … find (i) there was no increase in the likelihood of a trade war before 2018; (ii) the trade war was initially expected to …
Persistent link: https://www.econbiz.de/10014486241
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates … and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on …
Persistent link: https://www.econbiz.de/10013477221
We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and … exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by … import markets altogether. However, tariffed products where imports were concentrated in fewer suppliers had a smaller …
Persistent link: https://www.econbiz.de/10014337835
Section 321 of the 1930 Tariff Act allows up to $800 in imports per person per day to enter the US duty-free and with … minimal customs requirements. Fueled by rising direct-to-consumer trade, these "de minimis" shipments have exploded yet are … not recorded in Census trade data. Who benefits from this type of trade, and what are the policy implications? We analyze …
Persistent link: https://www.econbiz.de/10014576636
of fentanyl smuggling occurs via legal trade flows, with a positive relationship between state-level imports and drug … smuggling via imports is pervasive and a key determinant of opioid problems …
Persistent link: https://www.econbiz.de/10014437016
Multinational firms (MNEs) dominate trade flows, yet their global production decisions are often ignored in firm …-level studies of exporting and importing. Using newly merged data on US firms' trade and multinational activity by country, we show … that MNEs are more likely to trade not only with countries in which they have affiliates, but also with other countries …
Persistent link: https://www.econbiz.de/10014322875
that it is much larger than what conventional trade data suggest. However, at the macro level, exposure remains relatively …
Persistent link: https://www.econbiz.de/10014421246