Showing 1 - 10 of 1,256
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
Instrumental variables (IV) are a common means to identify treatment effects. But standard IV methods do not allow us to unpack the complex treatment effects that arise when a treatment and its outcome together cause a second outcome of interest. For example, IV methods have been used to show...
Persistent link: https://www.econbiz.de/10012960515
but expensive air cargo and slow but cheap ocean cargo. This choice depends on the price elasticity of demand and the …. We use US imports data that provide rich variation in the premium paid for air shipping and in time lags for ocean …
Persistent link: https://www.econbiz.de/10013112047
We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships …
Persistent link: https://www.econbiz.de/10013294959
We survey recent literature on the causes of the collapse in international trade during the 2008-2009 global recession. We argue that the evidence points to the collapse in aggregate expenditure, concentrated on trade-intensive durable goods, as the main driver of the trade collapse. Inventory...
Persistent link: https://www.econbiz.de/10013096140
elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first … way to assess the welfare effects of firms' innovative actions by estimating their impact on both cost and demand. We show …
Persistent link: https://www.econbiz.de/10013139891
sensitive to the treatment of time trends. Estimates of aggregate imports are more problematic. In many cases, Chinese aggregate … imports actually rise in response to a RMB depreciation and decline with Chinese GDP. This is true even after accounting for … the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these …
Persistent link: https://www.econbiz.de/10013109870
rising relative wages and quantities of high-skilled labor. We develop a theory where demand shifts toward ever more skill …
Persistent link: https://www.econbiz.de/10012757666
This paper quantifies the roles of increases in the demand for skill-intensive output, the efficient scale of service … progress. The rising scale of services, the rising demand for skill-intensive output, and skill-biased technical change all …
Persistent link: https://www.econbiz.de/10013076916
disaggregate trade data, e.g. Gabon's imports of Gambian groundnuts, we structurally estimate the impact that new imports have had …
Persistent link: https://www.econbiz.de/10012760652