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Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...
Persistent link: https://www.econbiz.de/10012105572
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...
Persistent link: https://www.econbiz.de/10012119210
strong though not definitive evidence of an ideological realignment in trade-exposed local labor markets that commences prior …, we find that trade exposed electoral districts simultaneously exhibit growing ideological polarization in some domains …-meaning expanding support for both strong-left and strong-right views-and pure rightward shifts in others. Specifically, trade …
Persistent link: https://www.econbiz.de/10012315433
China's emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it … has challenged much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside the … heralded consumer benefits of expanded trade are substantial adjustment costs and distributional consequences. These impacts …
Persistent link: https://www.econbiz.de/10011479266
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more trade-exposed labor markets. -- trade flows ; import competition ; local labor markets ; China …
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