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During the 1980's and early 1990's, the cigarette markets in Japan, Taiwan, South Korea, and Thailand were opened to U.S. cigarettes through actions taken under Section 301 of the 1974 Trade Act and its subsequent amendments. Using pooled annual time-series data from ten Asian countries, the...
Persistent link: https://www.econbiz.de/10013245714
Network connections within MNCs seem to improve export market shares for Asian affiliates of those MNCs. In particular, Asian affiliates of U.S. MNCs export more to markets where their parent firms' exports to affiliates are larger, and less to markets where their parent firms export more to...
Persistent link: https://www.econbiz.de/10013228626
This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...
Persistent link: https://www.econbiz.de/10013225947
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