| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21906 |
| 来源ID | Working Paper 21906 |
| The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade | |
| David H. Autor; David Dorn; Gordon H. Hanson | |
| 发表日期 | 2016-01-25 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | China’s emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it has challenged much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside the heralded consumer benefits of expanded trade are substantial adjustment costs and distributional consequences. These impacts are most visible in the local labor markets in which the industries exposed to foreign competition are concentrated. Adjustment in local labor markets is remarkably slow, with wages and labor-force participation rates remaining depressed and unemployment rates remaining elevated for at least a full decade after the China trade shock commences. Exposed workers experience greater job churning and reduced lifetime income. At the national level, employment has fallen in U.S. industries more exposed to import competition, as expected, but offsetting employment gains in other industries have yet to materialize. Better understanding when and where trade is costly, and how and why it may be beneficial, are key items on the research agenda for trade and labor economists. |
| 主题 | International Economics ; Trade ; Labor Economics ; Labor Supply and Demand ; Labor Compensation |
| URL | https://www.nber.org/papers/w21906 |
| 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/579581 |
| 推荐引用方式 GB/T 7714 | David H. Autor,David Dorn,Gordon H. Hanson. The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w21906.pdf（1380KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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