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predicts that China's share of export markets should grow most rapidly where China's share is initially large. A corollary is … product, China's export unit values should be increasing in distance. We find strong support for this effect in our empirical …
Persistent link: https://www.econbiz.de/10012759351
exports and export shares of the United States, Germany, and Japan. The effects of relative price changes on export shares are … delays between order and delivery may affect measures of export quantity and of its response to price. Equations for … country's export and domestic prices for the same goods, as well as on its real income. The supply elasticities range from …
Persistent link: https://www.econbiz.de/10013224881
We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C-BAT is unlikely to be neutral at the macroeconomic...
Persistent link: https://www.econbiz.de/10012917034
The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal analysis of the effect of surging import competition on...
Persistent link: https://www.econbiz.de/10012978100
This paper examines the role of international trade for job polarization– the decline in opportunities for mid-wage workers while those for high- and low-wage workers increase. With employer-employee matched data on virtually all workers and firms in Denmark between 1999 and 2009, we show that...
Persistent link: https://www.econbiz.de/10012989722
Has rising import competition contributed to the polarization of U.S. politics? Analyzing outcomes from the 2002 and 2010 congressional elections and the 2000, 2008, and 2016 presidential elections, we detect an ideological realignment that is centered in trade-exposed local labor markets and...
Persistent link: https://www.econbiz.de/10012982947
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products … sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their … competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within …
Persistent link: https://www.econbiz.de/10012986299
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10013106658
Industrial policies (IPs) include such varying practices as production subsidies, export subsidies, and import … from 1975 through 2000, this paper examines whether steel-sector IPs have a significant impact on the export … find that a one-standard-deviation increase in IP presence leads to a 3.6% decline in export competitiveness for an average …
Persistent link: https://www.econbiz.de/10013088677
In the past two decades, China's manufacturing exports have grown spectacularly, U.S. imports from China have surged, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by employer, we analyze the effect of exposure to import...
Persistent link: https://www.econbiz.de/10013078867