| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17031 |
| DP17031 Import Liberalization as Export Destruction? Evidence from the United States | |
| Holger Breinlich; Elsa Leromain; Dennis Novy; Thomas Sampson | |
| 发表日期 | 2022-02-11 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting boost to exports from lower input costs. We use our empirical results to calibrate the strength of scale economies in a quantitative trade model. Counterfactual analysis implies that while PNTR increased aggregate US exports relative to GDP, exports declined in the most exposed industries because of the export destruction effect. On aggregate, the US and China both gain from PNTR, but the gains are larger for China. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Trade policy Import liberalization Comparative advantage Scale economies China shock |
| URL | https://cepr.org/publications/dp17031 |
| 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/545976 |
| 推荐引用方式 GB/T 7714 | Holger Breinlich,Elsa Leromain,Dennis Novy,et al. DP17031 Import Liberalization as Export Destruction? Evidence from the United States. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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