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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 foreign competition affects domestic innovation. Rising import exposure …
Persistent link: https://www.econbiz.de/10012861314
a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major …
Persistent link: https://www.econbiz.de/10013021857
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10013051805
In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3) whether the impact of import penetration is driven by...
Persistent link: https://www.econbiz.de/10012912768
We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe …
Persistent link: https://www.econbiz.de/10013104067
We analyze the effect of rising Chinese import competition between 1990 and 2007 on U.S. local labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization and instrumenting for U.S. imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10013087894
2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter …
Persistent link: https://www.econbiz.de/10013046220
to the divisive 2016 U.S. presidential election. Exploiting the exogenous component of rising import competition by China …
Persistent link: https://www.econbiz.de/10013314978
We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to … similar to those caused by the decline of employment in coal production since the 1980s, indicating that the China trade shock … holds lessons for other episodes of localized job loss. Import competition from China induced changes in income per capita …
Persistent link: https://www.econbiz.de/10014084041
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10013141714