The relative sophistication of Chinese exports
In: NBER working paper series 12173
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In: NBER working paper series 12173
In: NBER working paper series 8492
In: Economic policy, Band 23, Heft 53, S. 5-49
ISSN: 1468-0327
In: NBER Working Paper No. w12173
SSRN
In: Cuadernos de economía, Band 40, Heft 121
ISSN: 0717-6821
In: American economic review, Band 93, Heft 3, S. 686-708
ISSN: 1944-7981
This paper introduces a new technique for testing the Heckscher-Ohlin model that allows for the possibility that countries with sufficiently disparate endowments specialize in unique subsets of goods. Results based upon industry-level data reject one-size-fits-all homogeneity in favor of Heckscher-Ohlin specialization. Results also reveal that industry-level data hide substantial intra-industry heterogeneity, violating the assumptions of the model and complicating the interpretation of results from earlier research. A methodology for adjusting industry output to reflect underlying product variation is introduced. Reestimation of the model using adjusted aggregates in place of standard industry classifications provides strong support for Heckscher-Ohlin specialization.
In: NBER Working Paper No. w8492
SSRN
In: Journal of development economics, Band 72, Heft 2, S. 515-541
ISSN: 0304-3878
In: Journal of development economics, Band 72, Heft 2, S. 515-541
ISSN: 0304-3878
In: Journal of international economics, Band 115, S. 203-222
ISSN: 0022-1996
In: NBER Working Paper No. w24071
SSRN
Working paper
In: American economic review, Band 106, Heft 7, S. 1632-1662
ISSN: 1944-7981
This paper links the sharp drop in US manufacturing employment after 2000 to a change in US trade policy that eliminated potential tariff increases on Chinese imports. Industries more exposed to the change experience greater employment loss, increased imports from China, and higher entry by US importers and foreign-owned Chinese exporters. At the plant level, shifts toward less labor-intensive production and exposure to the policy via input-output linkages also contribute to the decline in employment. Results are robust to other potential explanations of employment loss, and there is no similar reaction in the European Union, where policy did not change. (JEL D72, E24, F13, F16, L24, L60, P33)
In: FEDS Working Paper No. 2016-094
SSRN
Working paper
In: NBER Working Paper No. w22849
SSRN