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to analyze the prices of U.S. passenger cars in the used market during 1970-1981. If one does not take gasoline costs … effect of gasoline price increases but also for the effects of changes in other prices and income, we develop two alternative … approaches which adjust solely for the increase in gasoline prices. Applying these to the 1979 period we find that a significant …
Persistent link: https://www.econbiz.de/10013231608
substitutes for each other as inputs into the refining sector. The model is calibrated to match oil market and macroeconomic data … crude oil production similar to the shale oil boom. Consistent with the data, our model predicts that light oil prices … decline, U.S. imports of light oil fall dramatically, and light oil crowds out the use of medium crude by U.S. refiners. In …
Persistent link: https://www.econbiz.de/10012947648
One of the most sustained uses of economic warfare by the United States occurred in Spain during WWII. We provide an overview of this episode based on the secondary literature and new research in the Spanish archives. We focus on three key battles: (1) an oil embargo against Spain in the summer...
Persistent link: https://www.econbiz.de/10013228277
We track US imports of advanced technology wind and solar power-generation equipment from a panel of countries during … imports of the both categories have grown at significantly higher rate from the relatively poorer countries, particularly …
Persistent link: https://www.econbiz.de/10013122466
.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes … declines the most experience more severe employment losses along with larger increases in the value of imports from China and …
Persistent link: https://www.econbiz.de/10013096017
, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while … instrumenting for imports using changes in Chinese imports by industry to other high-income countries. Rising exposure increases …
Persistent link: https://www.econbiz.de/10013106658
industry's imports of each input, relative to its total demand, is the same as the economy-wide imports relative to total …
Persistent link: https://www.econbiz.de/10013108915
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United States. Regional exposure to technological change, as measured by specialization in routine task-intensive production and clerical occupations, is largely uncorrelated with regional...
Persistent link: https://www.econbiz.de/10013083804
diminish such support. Our national-level models show for the first time that increasing imports are associated with decreasing …
Persistent link: https://www.econbiz.de/10013001193
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