Ferrari, Massimo Minesso; Kurcz, Frederik; Pagliari, … - 2020
In this paper, we apply textual analysis and machine learning algorithms to construct an index capturing trade tensions … between US and China. Our indicator matches well-known events in the US-China trade dispute and is exogenous to the … rising trade tensions, with the exception of those firms that are more exposed to China, while the same shock negatively …