全球智库信息集成服务系统(G2TT): Trade and Welfare (Across Local Labor Markets)

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w27133
来源ID	Working Paper 27133
	Trade and Welfare (Across Local Labor Markets)
	Ryan Kim; Jonathan Vogel
发表日期	2020-05-11
出版年	2020
语种	英语
摘要	What are the welfare implications of trade shocks? We provide a sufficient statistic that measures changes in welfare, to a first-order approximation, taking into account adjustment in labor supply, in frictional unemployment, and in the sectors to which workers apply while allowing for arbitrary heterogeneity in worker productivity and nonpecuniary returns across sectors. We apply these insights to measure changes in welfare across commuting zones (CZs) in the U.S. between 2000-2007. We find that granting China permanent normal trade relations lowers the welfare of a CZ at the 90th percentile of exposure by 3.1 percentage points relative to a CZ at the 10th percentile; of this, approximately 65 percent is due to changes in unemployment and much of this is driven by the non-pecuniary costs of unemployment.
主题	International Economics ; Trade
URL	https://www.nber.org/papers/w27133
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/584806
推荐引用方式 GB/T 7714	Ryan Kim,Jonathan Vogel. Trade and Welfare (Across Local Labor Markets). 2020.