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This paper studies the evolution of China's production and trade patterns during its integration into the global economy. We document and explain new facts concerning changes in production and exports at the industry and firm levels using microdata and a quantitative Ricardian and...
Persistent link: https://www.econbiz.de/10014544694
reviving domestic manufacturing and employment, paradoxically resulted in a significant drop in hiring domestic talent. The …
Persistent link: https://www.econbiz.de/10014544744
immigration may have played in enabling U.S. commuting zones to respond to manufacturing job loss caused by import competition …. Because most U.S. immigrants arrived in the country after manufacturing regions were already mature, few took up jobs in …
Persistent link: https://www.econbiz.de/10013537796
We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other US trade partners at the detailed geographic level, exploiting measures of local exposure to US import tariffs, foreign retaliatory tariffs, and US compensation programs. The...
Persistent link: https://www.econbiz.de/10014468281
China's admission into the WTO in 2001 heralded a new era of globalization, increasing both import competition in … during the post globalization period (2003-2019) increased by 11.5% of the corresponding pre-globalization period (1984 … contrast, following globalization, the average aggregate domestic profitability of US firms remained flat, and firms employed …
Persistent link: https://www.econbiz.de/10014512056
Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on …
Persistent link: https://www.econbiz.de/10013334338
We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … that modelling trade imbalances can lead to stark differences between short- and long-run consequences of globalization …
Persistent link: https://www.econbiz.de/10013334406
We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized … with globalization than it would under autarky, because labor standards are a normal good and the general increase in … incomes from globalization increases demand for them. We call this the effect of `globalization in the large.' Second, if more …
Persistent link: https://www.econbiz.de/10014322750
companies to disentangle the role of technological change, market power, and globalization in driving a fall in the labor share … measured using four firm and twenty firm concentration ratios and globalization is measured as export shares in total revenues … smaller. Finally, the evidence on globalization is mixed: trade shares are at times negatively associated with the labor share …
Persistent link: https://www.econbiz.de/10014468215
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...
Persistent link: https://www.econbiz.de/10012456439