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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
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10010347036
In recent decades, the international division of labor expanded rapidly in course of globalization. In this context, highly developed countries specialized on (human) capital intensively manufactured goods and increasingly sourced parts and components from lowwage countries. Since this should be...
Persistent link: https://www.econbiz.de/10009126526
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
China's engagement in the so-called international fragmentation of production - namely cross-border dispersion of … in parts and components between China and its main trading partners. Applying an adjusted gravity modelling method, the … paper explores how China's pattern of trade in parts and components is being determined. The paper found that China's rapid …
Persistent link: https://www.econbiz.de/10010273445
China's engagement in the so-called international fragmentation of production - namely "cross-border dispersion of … in parts and components between China and its main trading partners. Applying an adjusted gravity modelling method, the … paper explores how China's pattern of trade in parts and components is being determined. The paper found that China's rapid …
Persistent link: https://www.econbiz.de/10003793591
From 1992 to 2011, the total trade volume between the U.S. and China increased by 25 times, and China's share in U ….S. total imports increased from 5% to 20%. However, the U.S.'s share in China's total imports dropped from 11% to 8% in the … same period. In the major categories of U.S. exports to China, waste & scrap increased from 744 million dollars in 2000 to …
Persistent link: https://www.econbiz.de/10013024616
The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration...
Persistent link: https://www.econbiz.de/10012493905
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10010494114
Persistent link: https://www.econbiz.de/10013068347