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The consumption structure in China has undergone a dramatic change since the economic reform started in 1979. Durable …
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-diverting effects coming from China's export expansion, which have been rarely explored by the existing studies. A panel data consisting … at the export destinations where the export competition between Korea and China is fierce, while they are stronger at the …
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We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
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