Import Competition And Wages In U S Manufacturing Industries
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Import Competition And Wages In U S Manufacturing Industries
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Author : Susan Kay Jones
language : en
Publisher:
Release Date : 1985
Import Competition And Wages In U S Manufacturing Industries written by Susan Kay Jones and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with categories.
Import Competition And Wages In Us Manufacturing Industries
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Author : Susan Kay Jones
language : en
Publisher:
Release Date : 1985
Import Competition And Wages In Us Manufacturing Industries written by Susan Kay Jones and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with categories.
The Employment And Wage Effects Of Import Competition In The United States
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Author : Gene M. Grossman
language : en
Publisher:
Release Date : 1982
The Employment And Wage Effects Of Import Competition In The United States written by Gene M. Grossman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Competition categories.
A new methodology is developed to determine the extent to which import competition has been responsible for labor displacements and wage movements inspecific, allegedly trade-impacted sectors. The procedure involves the estimation of reduced-form wage and employment equations by sector. These equations are first derived from a more complete structural model of general equilibrium resource allocation.The proposed methodology is applied to nine manufacturing sectors in the United States. The sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages are relatively unaffected by movements in the price of the foreign good.Counterfactual simulations are performed under the hypothetical assumption of no intensification or abatement of import competition from 1967-1979. The differences between the paths of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import competition.Imports have been responsible for the loss of a large number of jobs in only one industry, and for a significant loss in wages in two industries, among the nine studied.
Survival Of The Best Fit
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Author : Andrew B. Bernard
language : en
Publisher:
Release Date : 2002
Survival Of The Best Fit written by Andrew B. Bernard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Competition categories.
We examine the relationship between import competition from low wage countries and the reallocation of US manufacturing from 1977 to 1997. Both employment and output growth are slower for plants that face higher levels of low wage import competition in their industry. As a result, US manufacturing is reallocated over time towards industries that are more capital and skill intensive. Differential growth is driven by a combination of increased plant failure rates and slower growth of surviving plants. Within industries, low wage import competition has the strongest effects on the least capital and skill intensive plants. Surviving plants that switch industries move into more capital and skill intensive sectors when they face low wage competition.
Survival Of The Best Fit
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Author : Andrew B. Bernard
language : en
Publisher:
Release Date : 2012
Survival Of The Best Fit written by Andrew B. Bernard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
We examine the relationship between import competition from low wage countries and the reallocation of US manufacturing from 1977 to 1997. Both employment and output growth are slower for plants that face higher levels of low wage import competition in their industry. As a result, US manufacturing is reallocated over time towards industries that are more capital and skill intensive. Differential growth is driven by a combination of increased plant failure rates and slower growth of surviving plants. Within industries, low wage import competition has the strongest effects on the least capital and skill intensive plants. Surviving plants that switch industries move into more capital and skill intensive sectors when they face low wage competition.
Union Rent Seeking And Import Competition In U S Manufacturing
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Author : Richard J. Cebula
language : en
Publisher:
Release Date : 1998
Union Rent Seeking And Import Competition In U S Manufacturing written by Richard J. Cebula and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
The Impact Of Trade Prices On Employment And Wages In The United States
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Author : Ms.Dalia Hakura
language : en
Publisher: International Monetary Fund
Release Date : 1997-09-01
The Impact Of Trade Prices On Employment And Wages In The United States written by Ms.Dalia Hakura and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-09-01 with Business & Economics categories.
This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages.
Firm Innovation Under Import Competition From Low Wage Countries
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Author : Ujjayant Chakravorty
language : en
Publisher:
Release Date : 2017
Firm Innovation Under Import Competition From Low Wage Countries written by Ujjayant Chakravorty and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
In recent years, manufacturing firms in the United States have faced increasing import competition from low-wage countries, especially China. Does this competition hurt or help innovation by firms? This paper studies the effect of the surge in imports from China on innovation in the US manufacturing sector. We combine patent, firm and trade data during 1990-2006 for US publicly-listed firms in the Compustat dataset. We find consistent evidence that Chinese import competition had a positive effect on firm innovation, as measured by citation-weighted patent applications. This positive effect persists when we instrument import competition in the US by using Chinese import penetration in the United Kingdom. Next we investigate this relationship between import competition and innovation by considering industry and firm heterogeneity. We find that firms in low-tech industries and those with a lower degree of product differentiation show a significant positive response to import competition. Firms with a higher capital intensity and lower labor productivity also exhibit a greater response. These results are shown to be robust to a variety of measures for import penetration and innovation.
Does Import Competition Induce R D Reallocation Evidence From The U S
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Author : Rui Xu
language : en
Publisher: International Monetary Fund
Release Date : 2017-11-16
Does Import Competition Induce R D Reallocation Evidence From The U S written by Rui Xu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-16 with Business & Economics categories.
We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we find that import competition induces R&D expenditures to be reallocated towards more productive and more profitable firms within each industry. Such reallocation effect has the potential to offset the average drop in firm-level R&D identified in the previous literature. Indeed, our quantitative analysis shows no adverse impact of import competition on aggregate R&D expenditures. Taking the analysis beyond manufacturing, we find that import competition has led to reallocation of researchers towards booming service industries, including business and repairs, personal services, and financial services.
Globalization Outsourcing And Wage Inequality
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Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 1996
Globalization Outsourcing And Wage Inequality written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Income distribution categories.
Abstract: There is considerable debate over whether international trade has contributed to the declining economic fortunes of less skilled workers. One issue that has become lost in the current discussion is how firms respond to import competition and how these responses, in turn, are transmitted to the labor market. In previous work, we have argued that outsourcing, by which we mean the import of intermediate inputs by domestic firms, has contributed to an increase in the relative demand for skilled labor in the United States. If firms respond to import competition from low-wage countries by moving non- skill-intensive activities abroad, then trade will shift employment towards skilled workers within industries. In this paper, we extend our previous work by combining new import data from the revised NBER trade database with disaggregated data on input purchases from the Census of Manufactures. We construct industry-by-industry estimates of outsourcing for the period 1972-1990 and reexamine whether outsourcing has contributed to an increase in relative demand for skilled labor. Our main finding is that outsourcing can account for 31-51% of the increase in the relative demand for skilled labor that occurred in U.S. manufacturing industries during the 1980s, compared to our previous estimate of 15-33%.