Tag Archives: Trade

Trade Reform and Regional Dynamics: Evidence From 25 Years of Brazilian Matched Employer-Employee Data

From Rafael Dix-Carneiro and Brian Kovak: We empirically study the dynamics of labor market adjustment following the Brazilian trade reform of the 1990s. We use variation in industry-specific tariff cuts interacted with initial regional industry mix to measure trade-induced local labor … Continue reading

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Beyond Ricardo: Assignment Models in International Trade

From Arnaud Costinot and Jonathan Vogel: International trade has experienced a Ricardian revival. In this article, we offer a user guide to assignment models that have contributed to this revival, which we will refer to as Ricardo-Roy (R-R) models. HT: Jonathan Dingel

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Import Competition and the Great US Employment Sag of the 2000s

From Daron Acemoglu, David Autor, David Dorn, Gordon Hanson, Brendan Price: Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable jump in employment rates it had achieved during the 1990s, with … Continue reading

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Comparative Advantage and Optimal Trade Policy

From Arnaud Costinot, Dave Donaldson, Jonathan Vogel, Iván Werning: The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker … Continue reading

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The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

From Lorenzo Caliendo, Fernando Parro, Esteban Rossi-Hansberg, and Pierre-Daniel Sarte: We study the impact of regional and sectoral productivity changes on the U.S. economy. To that end, we consider an environment that captures the effects of interregional and intersectoral trade in propagating … Continue reading

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The Declining U.S. Labor Share

See here for more info from this paper by Bart Hobijn and Aysegul Sahin.

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Innovation and Production in a Global Economy

From Costas Arkolakis, Natalia Ramondo, Andrés Rodríguez-Clare, and Stephen Yeaple: The process of globalization features increasing international specialization in innovation or production. To assess the welfare implications of this process, we develop a quantitative, multi-country general equilibrium model where firms can serve … Continue reading

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