| AutorIn 1: | ||
| Autor, David H. | ||
| AutorIn 2: | ||
| David Dorn | ||
| AutorIn 3: | ||
| Gordon H. Hanson | ||
| Titel: | ||
| The China Syndrome: Local Labor Market Effects of Import Competition in the United States | ||
| Jahr: | ||
| 2011 | ||
| Abstract: | ||
| "(...) We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor
markets, exploiting cross-market variation in import exposure stemming from initial differences in industry
specialization while instrumenting for imports using changes in Chinese imports by industry to other high-income
countries. Rising exposure increases unemployment, lowers labor force participation, and reduces wages in local
labor markets. Conservatively, it explains one-quarter of the contemporaneous aggregate decline in U.S.
manufacturing employment. Transfer benefits payments for unemployment, disability, retirement, and healthcare
also rise sharply in exposed labor markets. The deadweight loss of financing these transfers is one to two-thirds
as large as U.S. gains from trade with China. (...)" [Trade Flows, Import Competition, Local Labor Markets, China] | ||
Download: hier klicken (PDF 1,43 MB) | ||