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中美经济竞争与全球供应链回流 - 博客

中美经济竞争与全球供应链回流努鲁拉·古尔、塞里夫·迪莱克《中国国际政治学报》，第16卷，第1期，2023年春季，第61-83页，https://doi.org/10.1093/cjip/poac022...

Shanghai , China , Princeton-university , New-jersey , United-states , Harvard-university , Massachusetts , Chatham , New-york , Mexico-city , Distrito-federal , Mexico

United States Cut & Sew Apparel Manufacturing

Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The

United-states , Dublin , Ireland , Industry-market-research , Sew-apparel-manufacturing , Market-research , Compound-annual-growth-rate , Import-competition , Research-and-markets , Pparel-manufacturer , Pparel-manufacturing

Local labour market effects of offshoring | VOX, CEPR Policy Portal

Offshoring is a controversial aspect of globalisation, and its impact on source country welfare remains ambiguous. This column analyses the impacts of offshoring on local labour market outcomes in Japan. It finds that offshoring exposure led to higher local employment, and particularly for non-offshoring firms. Furthermore, offshoring helped mitigate the negative effects of

China , Japan , United-states , United-kingdom , Mansfield , Nottinghamshire , Chinese , Japanese , American , British , Ouyou-chiiki-kenkyu , Toshiken-settei-kijun

Understanding the unemployment and welfare effects of the China shock

Concerns about international trade have grown, as recent studies document a negative effect of Chinese import competition on US labour markets. This column provides a new framework to explain this observation, which relies on the presence of downward nominal wage rigidity in US labour markets. The increased competition from China improves US terms of trade, but nominal wage

China , United-states , Chinese , American , China-shock- , China-shock , China-syndrome , Local-labor-market-effects , Import-competition , American-economic-review , Labor-market-dynamics

Made in America? US Manufacturing Tax & Industrial Policy

Learn more about "Made in America" protectionism, as well as industrial policy related to US manufacturing tax treatment (American manufacturing).

New-york , United-states , Australia , Taiwan , Alexandria , Al-iskandariyah , Egypt , United-kingdom , White-house , District-of-columbia , Brazil , Vietnam

Changing views on trade's impact on inequality in wealthy countries

The consensus view until the 2010s was that trade had little impact on inequality in high-income countries. This column reviews the recent evidence that challenges this view. Manufacturing employment contracted sharply in countries like the US and the UK which faced rapid net import growth from China. The resulting, persistent adverse effects on employment and incomes of

China , Germany , New-york , United-states , United-kingdom , France , Switzerland , Americans , Chinese , American , German , Paul-krugman

Federal Reserve Bank of San Francisco | Climate Risk and the Fed: Preparing for an Uncertain Certainty

Federal Reserve Bank of San Francisco | Climate Risk and the Fed: Preparing for an Uncertain Certainty
frbsf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frbsf.org Daily Mail and Mail on Sunday newspapers.

United-states , California , New-york , Louisiana , Missouri , Texas , Washington , China , Florida , Boston , Massachusetts , Geneva

Do credit supply shocks affect employment in middle-income countries?

Do credit supply shocks affect employment in middle-income countries?
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Small and medium-size firms (SMEs) have been a subject of great interest to scholars and policy makers, as these enterprises play a critical role in the provision of employment around the globe (Ayyagari et al. 2011). However, the ability of SMEs to create jobs is hampered by their limited access to adequate finance, particularly in low- and middle-income economies (LMIEs) in which credit constraints are severe et al. 2003; Ayyagari et al. 2011; Stein et al. 2010). Having lower saving rates, weaker investor protection, underdeveloped credit bureaus, and less competitive banking environments, LMIEs have credit markets that are smaller and less efficient in dealing with informational asymmetries (La Porta et al. 1997; Djankov et al. 2007; Calomiris et al. 2017). Thus, SMEs in these countries face higher interest rates, larger credit constraints, and higher costs of switching across banks, implying that they are also more likely to benefit from positive credit supply shocks. Thus, we study the impact of bank-specific credit shocks on employment in an LMIE.

Germany , Mexico , United-states , Kunt , Rajasthan , India , Meghana , Mexican , American , German , Denis-sosyura , Luis-peydr

The health toll of import competition | VOX, CEPR Policy Portal

Takashi Oshio, Seiichi Inagaki
While globalisation has enabled both the growth of poorer countries and access to cheaper consumer goods in richer ones, many worry that the effects of trade – and particularly import competition – have been poorly distributed across individuals in developed countries. At the core of an important literature (Autor et al. 2013a, 2014, 2016, Ebenstein et al. 2014, Pierce and Schott 2016), the ‘China shock’ has been shown to lead locally to higher unemployment, lower labour force participation and reduced wages.
Spatial heterogeneity of the local labour market impact of the China shock
In a recent paper (Adda and Fawaz 2020) we build on and extend this body of work, showing that the labour market effects of import competition are mediated by the average routine task intensity (RTI) in the manufacturing sector in the area. In areas where this intensity is low, import competition has no discernible effects on employment, unemployment, or family income. In contrast, manufacturing workers in areas where jobs are more routine-intensive are under the double pressure of plants closing down due to a shrinking domestic market and an automation process threatening the existence of their jobs. We find that the higher the average RTI, the higher the adverse impact of the import shock on manufacturing decline, employment, unemployment, non-employment, and family income.

China , United-states , American , National-inpatient-sample , Journal-of-international-economics , Health-economics , Bocconi-university , Health-toll-of-import-competition , Behavioral-risk-factor-surveillance-system , National-inpatient , Health-toll