Showing 1 - 10 of 325
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
We characterize sabotage, exemplified by recent U.S. policies concerning China's semiconductor industry, as trade policy. For some (but not all) goods, completely destroying foreigners' productivity increases domestic real income by shifting the location of production and improving the terms of...
Persistent link: https://www.econbiz.de/10015056122
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China's manufacturing seller incidence falls (seller price rises)...
Persistent link: https://www.econbiz.de/10014576571
We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of knowledge. Global ideas diffuse more to locations...
Persistent link: https://www.econbiz.de/10013435141
Consider a bipartite network where <i>N</i> consumers choose to buy or not to buy <i>M</i> different products. This paper considers the properties of the logistic regression of the <i>N</i> × <i>M</i> array of "i-buys-j" purchase decisions, <i>[Y<sub>ij</sub>]<sub>1≤i≤N,≤j≤M</sub></i>, onto known functions of consumer and product attributes...
Persistent link: https://www.econbiz.de/10012482182
Portfolio performance measures using holdings data are panel regressions. The returns of a fund's stocks are regressed …
Persistent link: https://www.econbiz.de/10012482457
. Our analysis quantifies the impact of these various economic policies on COVID-19 infection and death rates using panel …
Persistent link: https://www.econbiz.de/10012482612
proposed by Papke and Wooldridge, 1996, 2008, in univariate cross-sectional and panel contexts. The paper discusses the …
Persistent link: https://www.econbiz.de/10012462302
We consider a linear panel event-study design in which unobserved confounds may be related both to the outcome and to …
Persistent link: https://www.econbiz.de/10012453151
We propose a generalization of the linear quantile regression model to accommodate possibilities afforded by panel data …; Section 2.6). We show that panel data allows the econometrician to (i) introduce dependence between the regressors and the … (NLSY79). Consistent with prior work (e.g., Chamberlain, 1982; Vella and Verbeek, 1998), we find that using panel data to …
Persistent link: https://www.econbiz.de/10012457634