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We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
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/10009511759
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that … 0.7, while import price changes that can be traced back to exchange rate movements of other trade partners only have … 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/10009537240
Persistent link: https://www.econbiz.de/10003992566
This paper examines shifts in U.S. wind turbine trade from 2009 to 2010. The results of this analysis indicate that U …
Persistent link: https://www.econbiz.de/10013123257
This paper finds that U.S. consumer prices fell substantially due to increased trade with China. With comprehensive …-produced goods, and is one order of magnitude larger than in standard trade models that abstract from strategic price-setting. The … estimates imply that trade with China increased U.S. consumer surplus by about $400,000 per displaced job, and that product …
Persistent link: https://www.econbiz.de/10012182390
incidence rises 4.1% yearly as US sales share halves. Domestic trade shares closely fit revealed relative resistances with trade …
Persistent link: https://www.econbiz.de/10014576571
International trade models typically assume that producers in one country trade directly with final consumers in … another. In reality, of course, trade can involve long chains of potentially independent actors who move goods through … wholesale and retail distribution networks. These networks likely affect the magnitude and nature of trade frictions and hence …
Persistent link: https://www.econbiz.de/10008906765
International trade models typically assume that producers in one country trade directly with final consumers in … another. In reality, of course, trade can involve long chains of potentially independent actors who move goods through … wholesale and retail distribution networks. These networks likely affect the magnitude and nature of trade frictions and hence …
Persistent link: https://www.econbiz.de/10009625388