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This paper studies the impact that import competition from China had on firms performance in the manufacturing sector in Peru in 2005-2015. Using a firm-level dataset that covers the universe of firms in the formal sector, our results reveal that Peruvian firms reacted to increased competition...
Persistent link: https://www.econbiz.de/10012154405
Recent studies on oil market demonstrate endogeneity of oil price by modeling it as a function of consumption and precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not disentangle uncertainties raised by underlying...
Persistent link: https://www.econbiz.de/10011824182
findings from the literature on how productivity, innovation, and employment were impacted by the Great Liberalizationa period …, procompetitive effect of trade on total factor productivity (TFP). However, as in the 1990s, these gains do not seem to have been … limits of trade policy in boosting employment and long-term productivity growth. Policymakers should manage their …
Persistent link: https://www.econbiz.de/10012267592
This survey reviews the recent literature on the double-dividend hypothesis of environmental taxes and discusses some extensions of the standard model such as the distributional consequences and the importance of the non-separability assumption between consumption goods and environmental quality...
Persistent link: https://www.econbiz.de/10011592046
Persistent link: https://www.econbiz.de/10003601440
negative effect on firms employment, total factor productivity (TFP), and revenue. A 1-percentage-point increase in the measure …-percentage-point-increase in the measure of Chinese import competition in El Salvador reduces low-productivity firms TFP by 1 … production-worker employment at large firms, reduces TFP at medium-productivity firms, reduces the total revenue of low …
Persistent link: https://www.econbiz.de/10012126599
Persistent link: https://www.econbiz.de/10012204911
In this paper, we relate outcomes of El Salvadors local labor markets to their exposure to Chinese import competition. Using annual household surveys for 2000 to 2014, we construct a panel dataset of 61 local labor markets over 15 years to study three sets of outcomes: manufacturing employment,...
Persistent link: https://www.econbiz.de/10012126976
This paper estimates the effects of NAFTA on labor and wages in Mexico using a local labor-markets approach. While NAFTA offered greater export opportunities to Mexican firms that may raise employment, it also opened the door to increased import competition that may dampen employment gains. This...
Persistent link: https://www.econbiz.de/10012127373
We analyze how local labor markets in Mexico adjusted in response to an increase in Chinese import competition between 1998 and 2013. We exploit the spatial variation in import exposure arising from initial differences in industry specialization. We found that the adjustment took various forms:...
Persistent link: https://www.econbiz.de/10012152988