G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13122
DP13122 Identifying Chinese Supply Shocks - Effects of Trade on Labor Markets
Andreas Fischer; Philipp Herkenhoff; Philip Sauré
发表日期2018-08-17
出版年2018
语种英语
摘要In a seminal paper, Autor et al. (2013) estimate the effect of Chinese exports on U.S. labor markets. To establish causality, they instrument Chinese exports to the United States with Chinese exports to other advanced economies, assuming that demand shocks to advanced economies are uncorrelated. Our paper documents robust empirical patterns that are inconsistent with this identifying assumption. Based on a parsimonious structural model, we identify the part of sectoral Chinese export growth that is driven by China-specific supply shocks. An identification strategy based on our approach essentially preserves the estimates from the reduced form regression in Autor et al. (2013). However, in a general equilibrium model from Caliendo et al. (2019), our identification of the China shock implies more pronounced and more dispersed manufacturing employment losses and welfare gains. Finally, our identification realigns the sectoral employment losses with standard Heckscher-Ohlin theory.
主题International Trade and Regional Economics ; Monetary Economics and Fluctuations
关键词International trade Employment Instrumental variable
URLhttps://cepr.org/publications/dp13122-1
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541925
推荐引用方式
GB/T 7714
Andreas Fischer,Philipp Herkenhoff,Philip Sauré. DP13122 Identifying Chinese Supply Shocks - Effects of Trade on Labor Markets. 2018.
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