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This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling … has noted a tendency for countries to concentrate exports in a few sectors. We show that this concentration arises from a … heavy-tailed distribution of industry export capabilities that is approximately log normal and whose shape is stable across …
Persistent link: https://www.econbiz.de/10013011045
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10013106658
The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze …
Persistent link: https://www.econbiz.de/10012978100
In the past two decades, China's manufacturing exports have grown spectacularly, U.S. imports from China have surged …, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by …
Persistent link: https://www.econbiz.de/10013078867
. Exploiting the exogenous component of rising trade with China and classifying legislator ideologies by congressional voting …
Persistent link: https://www.econbiz.de/10012982947
with global fixed export costs and one with bilateral fixed export costs. With global costs, import sales per product …-office revenues per movie. The data thus appear to reject the bilateral-fixed-export-cost model in favor of the global-fixed-export …
Persistent link: https://www.econbiz.de/10012758237
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
In the absence of distortionary tax and spending policies, freer immigration and trade for a country would often be supported by similar groups thanks to similar impacts on labor income. But government policies that redistribute income may alter the distributional politics. In particular,...
Persistent link: https://www.econbiz.de/10013246531
that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …
Persistent link: https://www.econbiz.de/10013137012