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integration. The "new economic geography" world assumes mobile entrepreneurs which can relocate thus bringing agglomeration forces … integration, where one country has emerged as the core and the other as the periphery, the core may have more generous social … constrained, however, and related to the level of trade integration in a bell-shaped way. …
Persistent link: https://www.econbiz.de/10011438609
For many in Latin America, the increasing participation of China and India in international markets is seen as a … with China and India on Argentina's industrial employment. We use a dynamic econometric model and industry level data to … estimate the effects of trade with China and India on the level of employment in Argentina's manufacturing sector. Results …
Persistent link: https://www.econbiz.de/10003793469
Three features of China's trade patterns suggest that elements beyond factor abundance explain its export performance … high sophistication of China's exports. We show that FDI liberalization endogenously introduces Ricardian features to an … otherwise standard endowment-based trade model, strengthening China's natural comparative advantage in labour-intensive products …
Persistent link: https://www.econbiz.de/10003793555
Persistent link: https://www.econbiz.de/10009511759
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …
Persistent link: https://www.econbiz.de/10010493916
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10013037032
This paper examines the impact of China's falling import tariffs on the organization of exports between ordinary and …
Persistent link: https://www.econbiz.de/10013079911
granted China “permanent normal trade relations” (PNTR) and China's 2001 entry into the World Trade Organization (WTO) as key … drivers of the country's rise and the now‐​famous “China Shock”— the period between 1999 and 2011 during which a size … an erroneous policy choice that disproportionately benefited political elites and corporations, directly drove the China …
Persistent link: https://www.econbiz.de/10012827394
This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff uncertainty exhibit relative declines in investment...
Persistent link: https://www.econbiz.de/10011803703
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 on the recent U.S.-China trade war. We discuss methods used to evaluate …
Persistent link: https://www.econbiz.de/10013361989