The Surprisingly Swift Decline of U.S. Manufacturing Employment

Arbeitspapier

This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment losses along with larger increases in the value of imports from China and the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the employment loss, and we show that the U.S. employment trends differ from those in the EU, where there was no change in policy.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 4563

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Trade Policy; International Trade Organizations ; Trade and Labor Market Interactions ; Economic Impacts of Globalization: Microeconomic Impacts ; Economic Impacts of Globalization: Labor ; Labor Demand
• Thema: manufacturing ; trade policy ; uncertainty ; offshoring ; supply chains ; employment ; China ; World Trade Organizations ; PNTR

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Pierce, Justin R. ; Schott, Peter K.
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/89626
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ