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China's rapid rise in the global economy following its 2001 World Trade Organization (WTO) entry has raised questions … benefits. We find that the China trade shock reduced the U.S. manufacturing price index by 7.6 percent between 2000 and 2006 … (PNTR) to China, effectively removing the threat of China facing very high tariffs on its exports to the United States. A …
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What is the best way to reduce trade frictions when resources are scarce? To answer this question, we develop a framework that nests previous general equilibrium gravity models and show that the macro-economic implications of these various models depend crucially on two key model parameters,...
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What is the best way to reduce trade frictions when resources are scarce? To answer this question, we develop a framework that nests previous general equilibrium gravity models and show that the macro-economic implications of these various models depend crucially on two key model parameters,...
Persistent link: https://www.econbiz.de/10013031213