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Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the late 1990s - Chinese import competition...
Persistent link: https://www.econbiz.de/10012603222
Textiles and clothing (T&C) trade after lapse of quotas in 2005 has revealed China's overwhelming comparative advantage in the manufacture and export of T&C products. China's advantage in this sector attracted the use of trade remedies by WTO members under WTO laws, often in a manner contrary to...
Persistent link: https://www.econbiz.de/10013001075
Market growth is driven by product innovation. Beyond functional satiation the marginal utility of product performance and variety decreases. We argue that social comparisons underlying innovation diffusion results in consumer motivations for upward assimilation toward the behavior of better...
Persistent link: https://www.econbiz.de/10003375567
Migration is a key mechanism through which local labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the 1990s: Chinese import competition and the introduction of...
Persistent link: https://www.econbiz.de/10013210076
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The last decades have witnessed a revolution in manufacturing production characterized by increasing technology …, the International Federation of Robotics, EU KLEMS, and COMTRADE, we study the causal effect of industrial automation on … industries. We document a robust positive impact of robotics on income for only the top 1 percent of taxpayers, which is largest …
Persistent link: https://www.econbiz.de/10014466644