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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
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. However, these models tend to rely heavily on symmetry assumptions and assume melting iceberg transport costs as the only form of trade restrictions. Moreover, a standard...
Persistent link: https://www.econbiz.de/10009724992
There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade models. This introduction has highlighted the importance of the entry/exit decision of firms in response to changes in trade barriers. However, it is typical in many of these...
Persistent link: https://www.econbiz.de/10009726080
partners all over the world with special emphasis to developing countries. Besides geo-political aspects, the most important … Development Agenda"), already conditioned by the conflicting strategies of participating countries. As the world's major trading …
Persistent link: https://www.econbiz.de/10014050612
While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...
Persistent link: https://www.econbiz.de/10014102809
Persistent link: https://www.econbiz.de/10012928926
The US-China trade war forced a reluctant semiconductor industry into someone else’s fight, a very different position …. It uses that lens to explain how, during the modern conflict with China, US policymakers turned to a legally complex set …
Persistent link: https://www.econbiz.de/10013249667
export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting … declined in the most exposed industries because of the export destruction effect. On aggregate, the US and China both gain from … PNTR, but the gains are larger for China. …
Persistent link: https://www.econbiz.de/10012817913
Wahl stellen: Entweder werden sie die Konfronta-tion mit China mitgehen und auf diese Weise nicht nur die USA unterstützen … Chinas zu finden und für einen fairen Wettbewerb in der Zukunft zu sorgen. Der Fokus der US-Handelspolitik auf China kann als …-Han-delspolitik auf China und der Wunsch nach mehr internationaler Kooperation wird zunehmend die Verbündeten direkt oder indirekt vor die …
Persistent link: https://www.econbiz.de/10012418656
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