Can you trade economic efficiency for resilience? We answer this question by constructing a multi-country, multi-sector general equilibrium model that separates trade of intermediate and final products, and introduces stochastic productivity shocks. It is used to analyze U.S. policies after the...

This paper uses 4-digit SITC data to identify groups of manufactured goods exported from China to the USA that have strong or rising comparative advantages. We find that most of the trades are inter-industry, with only a small portion being vertical intra-industry trades (IIT). Our results...

type="main" xml:id="twec12125-abs-0001" <title type="main">Abstract</title> <p>Since China's entry into the WTO, US anti-dumping (AD) actions against China have increased, particularly with respect to multiple petitions. Distinguishing between US single and multiple petitions, we examine the trade effects of US AD actions...</p>