In this paper, we introduce a new method to measure uncertainty using quantitative text analysis and explore the effects of uncertainty on firm performance. We extend a theoretical model with heterogeneous firms and sunk investments to derive hypotheses about the impact of trade policy...

Applying a negative binomial regression model, this paper investigates how Chinese exports have reshaped the global value chain and the use of antidumping. We use trade in value‐added statistics to distinguish between Chinese exports of intermediate and final products to its main trading...