Showing 1 - 10 of 88
This paper is an assessment of three tilts in U.S. trade policy during the 1980s: minilateralism, managed trade, and Congressional activism. It describes their economic and political causes, and whether or not alternative policy directions might have been possible. Taking as given the...
Persistent link: https://www.econbiz.de/10013138348
This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional...
Persistent link: https://www.econbiz.de/10013150733
This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff uncertainty exhibit relative declines in investment...
Persistent link: https://www.econbiz.de/10012941175
The goals of trade adjustment assistance (TAA) are to ease transition, compensate injury, and bleed political pressure for protectionism. Section I of the paper outlines the economic principles underlying these goals, and their shifting historical importance in the U.S. Sections II and III of...
Persistent link: https://www.econbiz.de/10013309247
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
This paper assesses the place of active trade policy in U.S. industrial change.The growing role of imperfectly competitive multinational corporations provides new arguments for more active U.S. trade policy, as does an increased social consensus that governments should insure what markets do...
Persistent link: https://www.econbiz.de/10013228767
We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input … gain due to merchandise exports was 3.7 million jobs. In comparison, U.S. merchandise imports from China led to reduced … total job losses of 2.0 million. It follows that the expansion in U.S. merchandise exports to the world relative to imports …
Persistent link: https://www.econbiz.de/10012943197
and exports across trading partners, types of trade (i.e., arm's-length versus related-party) and both short and long time …
Persistent link: https://www.econbiz.de/10012754934
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