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Author: Andrew Greenland
Publisher:
ISBN:
Category :
Languages : en
Pages : 67
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Book Description
We examine the U.S. internal migration response to increased import competition following the granting of Permanent Normal Trade Relations to China in 2001. Using a variety of data sets and empirical approaches, we find that local labor markets most exposed to the policy change experienced a relative reduction in population growth over the following decade. The majority of the effect occurs at a lag of 7 to 10 years, and is most pronounced among young individuals and low education groups. Such population adjustments should influence the interpretation of evidence in the growing literature on the effects of import competition on local labor markets.
Author: Andrew Greenland
Publisher:
ISBN:
Category :
Languages : en
Pages : 67
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Book Description
We examine the U.S. internal migration response to increased import competition following the granting of Permanent Normal Trade Relations to China in 2001. Using a variety of data sets and empirical approaches, we find that local labor markets most exposed to the policy change experienced a relative reduction in population growth over the following decade. The majority of the effect occurs at a lag of 7 to 10 years, and is most pronounced among young individuals and low education groups. Such population adjustments should influence the interpretation of evidence in the growing literature on the effects of import competition on local labor markets.
Author: Marius Faber
Publisher:
ISBN:
Category : China
Languages : en
Pages : 86
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Book Description
Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the late 1990s -- Chinese import competition and the introduction of industrial robots. Exploiting plausibly exogenous variation in exposure across US local labor markets over time, we show that robots caused a sizable reduction in population size, while Chinese imports did not. We rationalize these results in two steps. First, we provide evidence that negative employment spillovers outside manufacturing, caused by robots but not by Chinese imports, are an important mechanism for the different migration responses triggered by the two shocks. Next, we present a model where workers are geographically mobile and compete with either machines or foreign labor in the completion of tasks. The model highlights that two key dimensions along which the shocks differ -- the cost savings they provide and the degree of complementarity between directly and indirectly exposed industries -- can explain their disparate employment effects outside manufacturing and, in turn, the differential migration response.
Author: Marius Faber
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Migration is a key mechanism through which local labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the 1990s: Chinese import competition and the introduction of industrial robots. Exploiting plausibly exogenous variation in exposure across US local labor markets over time, we establish a new fact. Even though both shocks drastically reduced employment in the manufacturing sector, only robots led to a sizable decline in population size. We provide evidence that negative employment spillovers outside manufacturing, caused by robots but not by Chinese imports, can explain the different migration responses. We interpret our findings through the lens of a model that highlights two mechanisms: the cost savings that each shock provides and the degree of complementarity between directly and indirectly exposed industries.
Author: Jagdish Bhagwati
Publisher: University of Chicago Press
ISBN: 0226045404
Category : Business & Economics
Languages : en
Pages : 421
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Book Description
These papers, by a number of leading international-trade theorists, present the first significant theoretical work to be done on a topic of considerable interest, import competition. Nine theoretical papers, on topics ranging from protectionist lobbying to adjustment costs, are synthesized in the editor's Introduction, which also contrasts these contributions with the traditional classroom analysis of import competition. Three major empirical studies close the volume. It will prove indispensable for anyone who wishes to think clearly about import competition and about how economies do—and should—respond to it.
Author: Jagdish Bhagwati
Publisher: University of Chicago Press
ISBN: 9780226045399
Category : Business & Economics
Languages : en
Pages : 424
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Book Description
These papers, by a number of leading international-trade theorists, present the first significant theoretical work to be done on a topic of considerable interest, import competition. Nine theoretical papers, on topics ranging from protectionist lobbying to adjustment costs, are synthesized in the editor's Introduction, which also contrasts these contributions with the traditional classroom analysis of import competition. Three major empirical studies close the volume. It will prove indispensable for anyone who wishes to think clearly about import competition and about how economies do—and should—respond to it.
Author: Jay Hyun
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Marta Alvaro Taús
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper analyses the effects of trade and technology shocks on the internal migration of workers in the United States between 1990 and 2007. Exploiting geographical variation in the intensity of exposure to trade in local labour markets, the paper finds that routine workers exhibit a lower out-migration response to rising Chinese import competition than non-routine workers. That is despite the China trade shock triggering larger falls in routine labour demand and wages. This goes hand-in-hand with falls in the shares of routine in-migrants into more technologically advanced regions, in which the automation of routine-tasks displaces routine workers and reduces their employment opportunities. These findings suggest that the simultaneous occurrence of trade and technology shocks contribute to the decline in US regional migration, which in turn slows down the adjustment process of local labour markets.
Author: Raven S. Molloy
Publisher: DIANE Publishing
ISBN: 1437987419
Category : Social Science
Languages : en
Pages : 47
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Book Description
This report reviews patterns in migration within the U.S. over the past thirty years. Internal migration has fallen noticeably since the 1980s, reversing increases from earlier in the century. The decline in migration has been widespread across demographic and socioeconomic groups, as well as for moves of all distances. Although a convincing explanation for the secular decline in migration remains elusive and requires further research, the authors find only limited roles for the housing market contraction and the economic recession in reducing migration recently. Despite its downward trend, migration within the U.S. remains higher than that within most other developed countries. Charts and tables. This is a print on demand report.
Author: United States. Congress. Joint Economic Committee. Subcommittee on Economic Resources, Competitiveness, and Security Economics
Publisher:
ISBN:
Category : Migration, Internal
Languages : en
Pages : 90
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Book Description
Author: Xiaolong Li
Publisher: Springer Nature
ISBN: 9811957274
Category : Political Science
Languages : en
Pages : 978
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Book Description
This proceedings volume contains papers accepted by the 2022 International Conference on Business and Policy Studies (CONF-BPS 2022), which are carefully selected and reviewed by professional reviewers from corresponding research fields and the editorial team of the conference. This volume presents latest research achievements, inspirations, and applications in applied economy, finance, enterprise management, public administration, and policy studies. CONF-BPS hopes this volume could be inspiring and of academic value.Business and policy studies both are heated research topics and are related to multiple fields. Held by Eliwise Academy, CONF-BPS aims at bringing together intellectuals from related fields including applied economy, finance, and public administration for academic exchange. Its goal is to serve as an international platform for researchers to present latest research progress, share ideas and inspirations, and exchange experience. Through more academic communication and exchange, this conference hops to promote international corporation and joint initiatives in relevant fields. This volume will be of interest to researchers, academics, professionals, and policy makers in the field of business, economics, management, and policy studies.
