Showing 1 - 10 of 2,438
. Exploiting the exogenous component of rising trade with China and classifying legislator ideologies by congressional voting …
Persistent link: https://www.econbiz.de/10012982947
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
Popular literature suggests a rapid narrowing of the technology gap between China and the U.S. based on large … (especially in sciences) in China in recent years. Little literature attempts to measure the technology gap directly using … the later reflect both differing factor endowments and technology parameters. This paper assesses changes in China …
Persistent link: https://www.econbiz.de/10013013187
subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10013248423
market data. By estimating the effect of U.S.-China tariff announcements on aggregate returns and the differential returns of … firms exposed to China, we identify their effect on treated and untreated firms. We show theoretically and empirically that …
Persistent link: https://www.econbiz.de/10013307379
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10013104981
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different … top of these chains. This suggests that the consequences of globalization on wage inequality may be very different in …
Persistent link: https://www.econbiz.de/10013107972
-income countries into the global economy. Led by China and India, the share of developing economies in global exports more than doubled … between 1994 and 2008. One feature of new trade patterns is greater South-South trade. China and India have booming demand for …-South commerce overtakes North-North flows. China's export specialization evolves rapidly over time, revealing a capacity to speed up …
Persistent link: https://www.econbiz.de/10013108243
The overriding practical problem now is the tension between the global financial and market system and the national political and power structures. The main analytical short-coming lies in the failure to incorporate financial frictions, especially default, into our macro-economic models. Neither...
Persistent link: https://www.econbiz.de/10013091914
Specialization alters the incidence of manufacturing trade costs to buyers and sellers, with pro-and anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias (the ratio of predicted local trade to predicted frictionless local...
Persistent link: https://www.econbiz.de/10013069388