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Mitchener, Kris; Wandschneider, Kirsten; O'Rourke, … - 2021

We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...

Persistent link: https://www.econbiz.de/10012491602

Did COVID-19 cost Trump the election?

Lake, James; Nie, Jun - 2021

A common narrative is that COVID-19 cost Trump re-election. We do not find supporting evidence; if anything, the pandemic helped Trump. However, we find substantial evidence that voters abandoned Trump in counties with large increases in health insurance coverage since the Affordable Care Act,...

Persistent link: https://www.econbiz.de/10012421123

The 2020 US presidential election and Trump's trade war

Lake, James; Nie, Jun - 2022

The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the 1930s and was still raging when he left office. We analyze how the trade war impacted the 2020 US Presidential election. Our results highlight the political salience of the...

Persistent link: https://www.econbiz.de/10013171058

The surprisingly swift decline of U.S. manufacturing employment

Pierce, Justin R.; Schott, Peter K. - 2014

declines the most experience more severe employment losses along with larger increases in the value of imports from China and … the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the …

Persistent link: https://www.econbiz.de/10010229883

Business cycles, international trade and capital flows : evidence from Latin America

Caporale, Guglielmo Maria; Girardi, Alessandro - 2012

American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …

Persistent link: https://www.econbiz.de/10009683383

The impacts of the dollar-renminbi exchange rate misalignment on the China-United States commodity trade : an asymmetric analysis

Ferjani, Sabrine; Saafi, Sami; Nouira, Ridha; Rault, … - 2022

trade between China and the U.S. in order to avoid the well-known aggregation bias. Estimates of symmetric error … in assessing the effects of the RE misalignment on trade flows between the U.S. and China and confirms that the impacts …

Persistent link: https://www.econbiz.de/10013177135

The US-China trade war and the relocation of global value chains to Mexico

Utar, Hâle; Zurita, Alfonso Cebreros; Torres Ruiz, … - 2023

Did the 2018/19 US-China trade war trigger adjustment of Global Value Chains (GVCs) and nearshoring to Mexico? We … domestic activities in Mexico. However, we also document a negative impact of the retaliatory tariffs of China, primarily … affecting export services and a counterbalancing negative effect of the US tariffs via GVC firms' inputs from China …

Persistent link: https://www.econbiz.de/10014340112

Trade retaliation in a monetary-trade model

Whalley, John; Yu, Jun; Zhang, Shunming - 2009

. We calibrate such a model to China’s trade with the rest of the world and explore two country tariff games using 2005 …

Persistent link: https://www.econbiz.de/10003806727

Did Trump's trade war impact the 2018 election?

Blanchard, Emily J.; Bown, Chad P.; Chor, Davin - 2020

We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...

Persistent link: https://www.econbiz.de/10012293757

AI-generated production networks : measurement and applications to global trade

Fetzer, Thiemo; Lambert, Peter; Feld, Bennet; Garg, Prashant - 2024

This paper leverages generative AI to build a network structure over 5,000 product nodes, where directed edges represent input-output relationships in production. We layout a two-step ‘build-prune’ approach using an ensemble of prompt-tuned generative AI classifications. The ’build’ step...

Persistent link: https://www.econbiz.de/10015125507