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Bown, Chad P.; Caliendo, Lorenzo; Parro, Fernando; … - National Bureau of Economic Research - 2024

We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...

Persistent link: https://www.econbiz.de/10015056161

Voting on a Trade Agreement : Firm Networks and Attitudes Toward Openness

Van Patten, Diana; Méndez, Esteban - National Bureau of Economic Research - 2022

voters who are aligned with pro-FTA political candidates. We find that import competition plays a role in explaining votes …

Persistent link: https://www.econbiz.de/10013210086

Horses for Courses : Measuring Foreign Supply Chain Exposure

Baldwin, Richard E.; Freeman, Rebecca; … - National Bureau of Economic Research - 2022

Perceptions of global supply chains (GSCs) have shifted in recent years from a positive to a more cautious view. Standard GSC measures have mostly not adapted to this change as they focus on participation in, rather than exposure to, foreign supply chains. This paper presents the tools necessary...

Persistent link: https://www.econbiz.de/10013388881

Hidden Exposure : Measuring US Supply Chain Reliance

Baldwin, Richard E.; Freeman, Rebecca; … - National Bureau of Economic Research - 2023

Supply chain problems, previously relegated to specialized journals, now appear in G7 Leaders' Communiqués. Our paper looks at three core elements of the problems: measurement of the links that expose supply chains to disruptions, the nature of the shocks that cause the disruptions, and the...

Persistent link: https://www.econbiz.de/10014421246

An Import(ant) Price of Brexit Uncertainty

Graziano, Alejandro G.; Handley, Kyle; Limão, Nuno - National Bureau of Economic Research - 2023

We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of … U.K. import price indices by raising the prices of existing products and by reducing product variety from the E.U. We … find evidence that the risk of higher import protection from the 2016 referendum increased current import price indices by …

Persistent link: https://www.econbiz.de/10014337833

Recovering Credible Trade Elasticities from Incredible Trade Reforms

Alessandria, George A.; Shafaat Yar Khan; Khederlarian, … - National Bureau of Economic Research - 2025

--the countries with the largest import growth and the largest tariff reductions over the last fifty years--and a heterogeneous …

Persistent link: https://www.econbiz.de/10015361444

Trade War and Peace : U.S.-China Trade and Tariff Risk from 2015–2050

Alessandria, George A.; Shafaat Yar Khan; Khederlarian, … - National Bureau of Economic Research - 2024

We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter dynamics to estimate the dynamic path of the probability of transiting between Normal Trade Relations and a trade war state. We find (i) there was no increase in the likelihood...

Persistent link: https://www.econbiz.de/10014486241

Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure

Autor, David - 2016

Has rising import competition contributed to the polarization of U.S. politics? Analyzing outcomes from the 2002 and … records, we find strong evidence that congressional districts exposed to larger increases in import penetration …

Persistent link: https://www.econbiz.de/10012456043

Globalization and the Market for Teammates

Lazear, Edward P. - 1998

The globalization of firms is explored at theoretical and empirical levels. The idea is that a global firm is a multi-cultural team. The existence of a global firm is somewhat puzzling. Combining workers who have different cultures, legal systems, and languages imposes costs on the firm that...

Persistent link: https://www.econbiz.de/10012472231

An Anatomy of U.S. Establishments' Trade Linkages in Global Value Chains

Flaaen, Aaron; Kamal, Fariha; Lee, Eunhee; Yi, Kei-mu - National Bureau of Economic Research - 2025

Global value chains (GVC) are a pervasive feature of modern production, but they are hard to measure. Using confidential microdata from the U.S. Census Bureau, we develop novel measures of the linkages between U.S. manufacturing establishments' imports and exports. We document three new GVC...

Persistent link: https://www.econbiz.de/10015398175