Showing 1 - 10 of 3,367
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
Will smart machines do to humans what the internal combustion engine did to horses – make them obsolete? If so, can putting people out of work or, at least, good work leave them unable to buy what smart machines produce? Our model's answer is yes. Over time and under the right conditions,...
Persistent link: https://www.econbiz.de/10013028067
In the two decades straddling China's WTO accession, the China Shock, i.e. the rapid trade integration of China in the early 2000's, has had a profound economic impact across U.S. regions. It is now both an internationally litigated issue and the casus belli for a global trade war. Were its...
Persistent link: https://www.econbiz.de/10014090780
Wage inequality in the United States has increased, and many suspect that the main causes are changes in technology, international competition, and factor supplies. Our empirical model estimates the general equilibrium relationship between wages and technology, prices, and factor supplies. The...
Persistent link: https://www.econbiz.de/10013249551
compared to more educated workers between 1967 and 1992: increased import competition, changes in the relative supplies of … relative increase in the supply of more educated workers. Increased import competition cannot account for the rise in wage … import competition from 1977 to 1987 was not the dominant force in widening the wage gap between more educated and less …
Persistent link: https://www.econbiz.de/10012763662
We develop an empirical framework to assess the importance of trade and technical change on the wages of production and nonproduction workers. Trade is measured by the foreign outsourcing of intermediate inputs, while technical change is measured by the shift towards high-technology capital such...
Persistent link: https://www.econbiz.de/10013219298
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
interest. For example, IV methods have been used to show that import exposure to low-wage countries has adversely affected … Western labor markets. Similarly, they have been used to show that import exposure has increased voter polarization. However … framework, we estimate that labor market adjustments explain most to all of the effect of import exposure on voting, thereby …
Persistent link: https://www.econbiz.de/10012960515
We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C-BAT is unlikely to be neutral at the macroeconomic...
Persistent link: https://www.econbiz.de/10012917034
Recent technological changes have been characterized as “routine-substituting,” reducing demand for routine tasks but increasing it for analytical and service tasks. Little is known about how these changes have impacted immigration, or task specialization between immigrants and natives. In...
Persistent link: https://www.econbiz.de/10012945606