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Accounting for the Evolution of China's Production and Trade Patterns
Huang, Hanwei; Ju, Jiandong; Yue, Vivian Z. - National Bureau of Economic Research - 2024
that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity … economy. We document and explain new facts concerning changes in production and exports at the industry and firm levels using … the mid-2000s and fell until the 2020s, while the world's exposure to Chinese exports rose continuously …
Persistent link: https://www.econbiz.de/10014544694
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Market Size and Trade in Medical Services
Dingel, Jonathan I.; Gottlieb, Joshua D.; Lozinski, Maya; … - National Bureau of Economic Research - 2023
patterns reflect economies of scale: larger regions produce higher-quality services because they serve more patients. Because …
Persistent link: https://www.econbiz.de/10014247951
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Looking Backward, Innovating Forward : A Theory of Competitive Cascades
Lim, Kevin; Trefler, Daniel; Yu, Miaojie - National Bureau of Economic Research - 2022
featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3 … competition: a firm with a large and less-competitive quality segment ahead or forward of it will have strong incentives to … innovate into this profitable segment, while a firm with a small and more-competitive quality segment behind it will also have …
Persistent link: https://www.econbiz.de/10013388811
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Cutting Out the Middleman : The Structure of Chains of Intermediation
Grant, Matthew; Startz, Meredith L. - National Bureau of Economic Research - 2022
Distribution of goods often involves multiple intermediaries engaged in sequential buying and reselling. Why do these chains of intermediation exist, and what are their implications for consumers? We show that multi-intermediary chains arise in response to internal economies of scale in trade...
Persistent link: https://www.econbiz.de/10013334328
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Firm Export Dynamics in Interdependent Markets
Alfaro-Urena, Alonso; Castro-Vincenzi, Juanma; Fanelli, … - National Bureau of Economic Research - 2023
significantly more exports than in the absence of complementarities …
Persistent link: https://www.econbiz.de/10014337843
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Trade War and Peace : U.S.-China Trade and Tariff Risk from 2015–2050
Alessandria, George A.; Khan, Shafaat Yar; … - 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
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Trade Barriers and Market Power : Evidence from Argentina's Discretionary Import Restrictions
Atkin, David; Blaum, Joaquin; Fajgelbaum, Pablo D.; … - National Bureau of Economic Research - 2024
Countries are increasingly turning to non-tariff barriers that are hard to measure and often illegal under WTO rules. What are the impacts of these policies, and what do they reveal about market power in international trade? We study a comprehensive system of discretionary import licenses...
Persistent link: https://www.econbiz.de/10014468237
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The Impact of AI and Cross-Border Data Regulation on International Trade in Digital Services : A Large Language Model
Sun, Ruiqi; Trefler, Daniel - National Bureau of Economic Research - 2023
The rise of artificial intelligence (AI) and of cross-border restrictions on data flows has created a host of new questions and related policy dilemmas. This paper addresses two questions: How is digital service trade shaped by (1) AI algorithms and (2) by the interplay between AI algorithms and...
Persistent link: https://www.econbiz.de/10014437056
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Lessons from U.S.-China Trade Relations
Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022
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
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Bilateral Economies of Scope
Li, Yao; Xu, Sichuang; Yeaple, Stephen R.; Zhao, Tengyu - National Bureau of Economic Research - 2024
International transactions are costly because they require investments in logistics, contracts, and the acquisition of local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used toward costs of acquiring imports from that same...
Persistent link: https://www.econbiz.de/10015056127