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Many countries have phased out nuclear electricity production in response to concerns about nuclear waste and the risk of nuclear accidents. This paper examines the impact of the shutdown of roughly half of the nuclear production capacity in Germany after the Fukushima accident in 2011. We use...
Persistent link: https://www.econbiz.de/10012857668
Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...
Persistent link: https://www.econbiz.de/10013053145
I investigate the cost and feasibility of reducing US GHG emissions by 80% from 2005 levels by 2050. The US has stated in its Paris COP 21 submission that this is its aspiration. I suggest that this goal can be reached at a cost in the range of $37 to $135 bn/year. I assume that the goal is to...
Persistent link: https://www.econbiz.de/10012984767
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
particular the Limarí Valley); (3) China (in particular, the North); (4) South Africa; and (5) the western United States. It …
Persistent link: https://www.econbiz.de/10013069511
We examine the price and variety of products at the barcode level in cities within China and the United States. In both … countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of … follows that the cost of living for grocery-store products in China is lower in larger cities. We further compare the cost …
Persistent link: https://www.econbiz.de/10012963166
Despite the rapid expansion of U.S.-China trade ties, the increase in U.S. FDI in China, and the expanding amount of ….S. multinationals in China. In this paper, we seek to correct four common misunderstandings by providing a statistical portrait of …
Persistent link: https://www.econbiz.de/10012775878
We analyze the effects of China's rapid export expansion following WTO entry on U.S. prices, exploiting cross … with reduced U.S. tariff uncertainty, expanded export participation. We find that China's WTO entry significantly reduced … comes from the entry of new Chinese exporters. China's WTO entry also led other countries exporting to the U.S. to lower …
Persistent link: https://www.econbiz.de/10012954464
the industry and commuting-zone levels, and then estimates the impact of the `China shock' on each job-flow type. The … China shock is accounted for by either the increase in Chinese import penetration in the U.S., or by the U.S. policy change … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …
Persistent link: https://www.econbiz.de/10012941975
gain due to merchandise exports was 3.7 million jobs. In comparison, U.S. merchandise imports from China led to reduced … from China over 1995-2011 created net demand for about 1.7 million jobs. Comparing the growth of U.S. merchandise exports …
Persistent link: https://www.econbiz.de/10012943197