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Commercial Rivalry as Seller Incidence Shifting : Non-parametric Accounting of the China Shock
Anderson, James E. - National Bureau of Economic Research - 2024
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) 7.6% yearly as China's sales share quadruples over 2000-14. US seller …
Persistent link: https://www.econbiz.de/10014576571
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Inflation and GDP Dynamics in Production Networks : A Sufficient Statistics Approach
Afrouzi, Hassan; Bhattarai, Saroj - National Bureau of Economic Research - 2023
We derive closed-form solutions and sufficient statistics for inflation and GDP dynamics in multi-sector New Keynesian economies with arbitrary input-output linkages. Analytically, we decompose how production linkages (1) amplify the persistence of inflation and GDP responses to monetary and...
Persistent link: https://www.econbiz.de/10014287319
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Supply-Chain Trade : A Portrait of Global Patterns and Several Testable Hypotheses
Baldwin, Richard - 2013
since 1995. The paper draws on a variety of data sources but most heavily on the recent World Input-Output Database. China …
Persistent link: https://www.econbiz.de/10012459705
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Measuring Domestic Factor Content in Bilateral and Sectoral-Level Trade Flows
Wang, Zhi; Wei, Shang-jin; Zhu, Kunfu - National Bureau of Economic Research - 2023
Measuring country origins of factor content in bilateral or sector-level exports is important to understand evolution of regional and global value chains and the roles of individual country-sectors in these chains. This paper proposes a method to distinguish between measures based on backward...
Persistent link: https://www.econbiz.de/10014226150
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How Firms Export : Processing vs. Ordinary Trade with Financial Frictions
Manova, Kalina - 2012
supply chains - and how this decision affects performance. We exploit matched customs and balance-sheet data from China …
Persistent link: https://www.econbiz.de/10012460099
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Global Supply Chain Pressures, International Trade, and Inflation
Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - National Bureau of Economic Research - 2022
We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: 1) Compositional effects - the switch from...
Persistent link: https://www.econbiz.de/10013334457
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Rise and Fall of Empires in the Industrial Era : A Story of Shifting Comparative Advantages
Bonfatti, Roberto; Coşar, Kerem - National Bureau of Economic Research - 2022
income distribution and trade patterns, and with previous historical arguments …
Persistent link: https://www.econbiz.de/10013334512
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Why is Trade Not Free? : A Revealed Preference Approach
Adão, Rodrigo; Costinot, Arnaud; Donaldson, Dave; … - National Bureau of Economic Research - 2023
A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the expense of others. In this paper we develop a methodology that can be used to reveal the welfare weights that a nation's import tariffs implicitly place on different groups of...
Persistent link: https://www.econbiz.de/10014421223
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Has China's Growth Gone From Miracle to Malady?
Prasad, Eswar S. - National Bureau of Economic Research - 2023
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …
Persistent link: https://www.econbiz.de/10014250169
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Tertiarization Like China
Chen, Xilu; Pei, Guangyu; Song, Zheng Michael; … - National Bureau of Economic Research - 2022
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489