This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the … trade shocks on product and labor market power, we exploit China's reductions in input and output tariffs upon its accession … to the World Trade Organization. We find that trade liberalization has not switched firms away from exercising product …

Chinese firms faced an all-around trade liberalization process during the early 2000s: lower barriers from other … for trading Chinese manufacturing firms, this paper disentangles the effects of each type of trade liberalization on … job destruction in low-productivity firms and job creation in high-productivity firms. In contrast, the net effect of …

-exporters are unaffected. Models with firm heterogeneity in total factor productivity predict the opposite. To solve this puzzle, we …, suggesting that heterogeneity in factor shares is crucial to understand how firms react to trade liberalization …

trade shock were systematically different depending on the skill intensity of local services. Among regions with skill … divergence in college wage premium. I show that the contribution of the trade shock operates through the reallocation of workers …

average productivity with only a muted effect on wages or margins. Owing to the exit of firms and the increase in productivity …

Recent trade theory suggests that the relationship between trade and productivity is fundamentally ambiguous. This … study investigates the cointegration and causal relationship between productivity growth and export growth for a number of … productivity and exports are causally related in the long run for each economy. The results suggest that export growth contributes …

countries. He finds that Ireland has experienced a long-term productivity boom over the last 25 years and that the recent … acceleration in per capita GDP reflects an acceleration in employment rate growth, not in productivity growth. The main policy … lessons that Fortin draws from the Irish economic miracle are: support free trade and investment; develop business …

emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …