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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...
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impacts of import competition on manufacturing employment, overall employment-population ratios, and income per capita in more … reduction in the manufacturing employment-population ratio of 1.54 percentage points, which is 55% of the observed change in the … value, and the absorption of 86% of this net job loss via a corresponding decrease in the overall employment rate …
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.S. manufacturing employment. Transfer benefits payments for unemployment, disability, retirement, and healthcare also rise sharply in …
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It is widely believed that globalization increases the volatility of employment and decreases the bargaining power of … control for issues of self-selection and endogeneity in the firms' decisions to export by providing fixed effects and …
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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, both of which have noteworthy empirical...
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