Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19239 |
来源ID | Working Paper 19239 |
Global Supply Chains, Currency Undervaluation, and Firm Protectionist Demands | |
J. Bradford Jensen; Dennis P. Quinn; Stephen Weymouth | |
发表日期 | 2013-07-18 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We examine firm participation in global supply chains to help explain a puzzling decline in protectionist demands in the U.S. despite increased import competition and ongoing currency undervaluation. To explain firm responses to undervaluation, we rely on advances in the international trade literature that uncover intraindustry heterogeneity in firm trade and investment activities. We propose that firm foreign direct investments in, and subsequent related party trade with, countries with undervalued exchange rates will lead to fewer antidumping filings. Examining the universe of U.S. manufacturing firms, we find that antidumping petition filers are more internationally engaged than non-filing peers, but conduct less related party trade with filed-against countries. High levels of related-party imports (arm's length imports) from countries with undervalued currencies significantly decrease (increase) the likelihood of U.S. antidumping petitions. Our study highlights the centrality of global supply chains in understanding political mobilization over international economic policy. |
主题 | International Economics ; Trade ; International Factor Mobility ; International Finance ; Globalization and International Relations |
URL | https://www.nber.org/papers/w19239 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576913 |
推荐引用方式 GB/T 7714 | J. Bradford Jensen,Dennis P. Quinn,Stephen Weymouth. Global Supply Chains, Currency Undervaluation, and Firm Protectionist Demands. 2013. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。