Trade-Policy Dynamics : Evidence from 60 Years of U.S.-China Trade
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- George A. Alessandria & Shafaat Y. Khan & Armen Khederlarian & Kim J. Ruhl & Joseph B. Steinberg, 2021. "Trade-Policy Dynamics: Evidence from 60 Years of U.S.-China Trade," NBER Working Papers 29122, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Simonovska, Ina & Waugh, Michael E., 2014.
"The elasticity of trade: Estimates and evidence,"
Journal of International Economics, Elsevier, vol. 92(1), pages 34-50.
- Michael Waugh & Ina Simonovska, 2010. "The Elasticity of Trade: Estimates and Evidence," 2010 Meeting Papers 637, Society for Economic Dynamics.
- Ina Simonovska & Michael E. Waugh, 2011. "The Elasticity of Trade: Estimates and Evidence," CESifo Working Paper Series 3356, CESifo.
- Ina Simonovska & Michael Waugh, 2011. "The Elasticity of Trade: Estimates and Evidence," Working Papers 319, University of California, Davis, Department of Economics.
- Ina Simonovska & Michael E. Waugh, 2011. "The Elasticity of Trade: Estimates and Evidence," NBER Working Papers 16796, National Bureau of Economic Research, Inc.
- Kyle Handley & Nuno Limão, 2018.
"Policy Uncertainty, Trade, and Welfare: Theory and Evidence for China and the United States,"
World Scientific Book Chapters, in: Policy Externalities and International Trade Agreements, chapter 5, pages 123-175,
World Scientific Publishing Co. Pte. Ltd..
- Kyle Handley & Nuno Limão, 2017. "Policy Uncertainty, Trade, and Welfare: Theory and Evidence for China and the United States," American Economic Review, American Economic Association, vol. 107(9), pages 2731-2783, September.
- Alessandria, George & Choi, Horag & Ruhl, Kim J., 2021.
"Trade adjustment dynamics and the welfare gains from trade,"
Journal of International Economics, Elsevier, vol. 131(C).
- George Alessandria & Horag Choi & Kim Ruhl, 2014. "Trade Adjustment Dynamics and the Welfare Gains from Trade," Working Papers 14-11, New York University, Leonard N. Stern School of Business, Department of Economics.
- Kim Ruhl & Horag Choi & George Alessandria, 2015. "Trade Adjustment Dynamics and the Welfare Gains from Trade," 2015 Meeting Papers 1361, Society for Economic Dynamics.
- George Alessandria & Horag Choi & Kim J. Ruhl, 2014. "Trade adjustment dynamics and the welfare gains from trade," Working Papers 14-14, Federal Reserve Bank of Philadelphia.
- George Alessandria & Horag Choi & Kim Ruhl, 2018. "Trade Adjustment Dynamics and the Welfare Gains from Trade," 2018 Meeting Papers 1324, Society for Economic Dynamics.
- George Alessandria & Horag Choi & Kim Ruhl, 2014. "Trade Adjustment Dynamics and the Welfare Gains from Trade," NBER Working Papers 20663, National Bureau of Economic Research, Inc.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2023.
"The Long and Short (Run) of Trade Elasticities,"
American Economic Review, American Economic Association, vol. 113(4), pages 861-905, April.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2020. "The Long and Short (Run) of Trade Elasticities," NBER Working Papers 27064, National Bureau of Economic Research, Inc.
- Levchenko, Andrei & Boehm, Christoph & Pandalai-Nayar, Nitya, 2020. "The Long and Short (Run) of Trade Elasticities," CEPR Discussion Papers 14645, C.E.P.R. Discussion Papers.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2020. "The Long and Short (Run) of Trade Elasticities," Working Papers 680, Research Seminar in International Economics, University of Michigan.
- Calvo, Guillermo A., 1987. "On the costs of temporary policy," Journal of Development Economics, Elsevier, vol. 27(1-2), pages 245-261, October.
- Lukasz A. Drozd & Jaromir B. Nosal, 2012.
"Understanding International Prices: Customers as Capital,"
American Economic Review, American Economic Association, vol. 102(1), pages 364-395, February.
- Jaromir B. Nosal & Lukasz A. Drozd, 2007. "Understanding International Prices: Customers as Capital," 2007 Meeting Papers 755, Society for Economic Dynamics.
- Lukasz A. Drozd & Jaromir B. Nosal, 2008. "Understanding international prices: customers as capital," Staff Report 411, Federal Reserve Bank of Minneapolis.
- Jaromir B. Nosal & Lukasz A. Drozd, 2010. "Understanding International Prices: Customers as Capital," 2010 Meeting Papers 1027, Society for Economic Dynamics.
- Timothy J. Kehoe & Kim J. Ruhl, 2013.
"How Important Is the New Goods Margin in International Trade?,"
Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 358-392.
- Timothy J. Kehoe & Kim J. Ruhl, 2006. "How Important is the New Goods Margin in International Trade?," 2006 Meeting Papers 733, Society for Economic Dynamics.
- Timothy J. Kehoe & Kim J. Ruhl, 2009. "How important is the new goods margin in international trade?," Staff Report 324, Federal Reserve Bank of Minneapolis.
- George Alessandria & Horag Choi & Dan Lu, 2017. "Trade Integration and the Trade Balance in China," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(3), pages 633-674, August.
- Johnson, James A & Oksanen, Ernest H, 1977. "Estimation of Demand for Alcoholic Beverages in Canada from Pooled Time Series and Cross Sections," The Review of Economics and Statistics, MIT Press, vol. 59(1), pages 113-118, February.
- Alessandria, George & Khan, Shafaat Yar & Khederlarian, Armen, 2024.
"Taking stock of trade policy uncertainty: Evidence from China’s pre-WTO accession,"
Journal of International Economics, Elsevier, vol. 150(C).
- George A. Alessandria & Shafaat Y. Khan & Armen Khederlarian, 2019. "Taking Stock of Trade Policy Uncertainty: Evidence from China’s Pre-WTO Accession," NBER Working Papers 25965, National Bureau of Economic Research, Inc.
- Paul Piveteau, 2021. "An Empirical Dynamic Model of Trade with Consumer Accumulation," American Economic Journal: Microeconomics, American Economic Association, vol. 13(4), pages 23-63, November.
- Keith Head & John Ries, 2001. "Increasing Returns versus National Product Differentiation as an Explanation for the Pattern of U.S.-Canada Trade," American Economic Review, American Economic Association, vol. 91(4), pages 858-876, September.
- McLaren, John, 1997. "Size, Sunk Costs, and Judge Bowker's Objection to Free Trade," American Economic Review, American Economic Association, vol. 87(3), pages 400-420, June.
- Kim J. Ruhl, 2008. "The International Elasticity Puzzle," Working Papers 08-30, New York University, Leonard N. Stern School of Business, Department of Economics.
- Hillberry, Russell & Hummels, David, 2013. "Trade Elasticity Parameters for a Computable General Equilibrium Model," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1213-1269, Elsevier.
- Staiger, Robert W & Tabellini, Guido, 1987. "Discretionary Trade Policy and Excessive Protection," American Economic Review, American Economic Association, vol. 77(5), pages 823-837, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Swati Dhingra & Rebecca Freeman & Hanwei Huang, 2023.
"The Impact of Non‐tariff Barriers on Trade and Welfare,"
Economica, London School of Economics and Political Science, vol. 90(357), pages 140-177, January.
- Dhingra, Swati & Freeman, Rebecca & Huang, Hanwei, 2021. "The impact of non-tariff barriers on trade and welfare," LSE Research Online Documents on Economics 114282, London School of Economics and Political Science, LSE Library.
- Dhingra, Swati & Freeman, Rebecca & Huang, Hanwei, 2023. "The impact of non-tariff barriers on trade and welfare," LSE Research Online Documents on Economics 117225, London School of Economics and Political Science, LSE Library.
- Dhingra, Swati & Freeman, Rebecca & Huang, Hanwei, 2021. "The impact of non-tariff barriers on trade and welfare," LSE Research Online Documents on Economics 121869, London School of Economics and Political Science, LSE Library.
- Swati Dhingra & Rebecca Freeman & Hanwei Huang, 2021. "The impact of non-tariff barriers on trade and welfare," CEP Discussion Papers dp1742, Centre for Economic Performance, LSE.
- Lukas Boer & Malte Rieth, 2024.
"The Macroeconomic Consequences of Import Tariffs and Trade Policy Uncertainty,"
Discussion Papers of DIW Berlin
2072, DIW Berlin, German Institute for Economic Research.
- Lukas Boer & Malte Rieth, 2024. "The Macroeconomic Consequences of Import Tariffs and Trade Policy Uncertainty," IMF Working Papers 2024/013, International Monetary Fund.
- Lorenz K.F. Ekerdt & Kai-Jie Wu, 2024. "The Rise of Specialized Firms," Working Papers 24-06, Center for Economic Studies, U.S. Census Bureau.
- Alessandria, George & Khan, Shafaat Yar & Khederlarian, Armen, 2024.
"Taking stock of trade policy uncertainty: Evidence from China’s pre-WTO accession,"
Journal of International Economics, Elsevier, vol. 150(C).
- George A. Alessandria & Shafaat Y. Khan & Armen Khederlarian, 2019. "Taking Stock of Trade Policy Uncertainty: Evidence from China’s Pre-WTO Accession," NBER Working Papers 25965, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Khan, Shafaat Yar & Khederlarian, Armen, 2021.
"How does trade respond to anticipated tariff changes? Evidence from NAFTA,"
Journal of International Economics, Elsevier, vol. 133(C).
- Khan,Shafaat Yar & Khederlarian,Armen, 2021. "How Does Trade Respond to Anticipated Tariff Changes ? Evidence from NAFTA," Policy Research Working Paper Series 9646, The World Bank.
- Steinberg, Joseph B., 2019.
"Brexit and the macroeconomic impact of trade policy uncertainty,"
Journal of International Economics, Elsevier, vol. 117(C), pages 175-195.
- Joseph Steinberg, 2017. "Brexit and the Macroeconomic Impact of Trade Policy Uncertainty," 2017 Meeting Papers 216, Society for Economic Dynamics.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2023.
"The Long and Short (Run) of Trade Elasticities,"
American Economic Review, American Economic Association, vol. 113(4), pages 861-905, April.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2020. "The Long and Short (Run) of Trade Elasticities," NBER Working Papers 27064, National Bureau of Economic Research, Inc.
- Levchenko, Andrei & Boehm, Christoph & Pandalai-Nayar, Nitya, 2020. "The Long and Short (Run) of Trade Elasticities," CEPR Discussion Papers 14645, C.E.P.R. Discussion Papers.
- Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2020. "The Long and Short (Run) of Trade Elasticities," Working Papers 680, Research Seminar in International Economics, University of Michigan.
- Kohn, David & Leibovici, Fernando & Szkup, Michal, 2020.
"Financial frictions and export dynamics in large devaluations,"
Journal of International Economics, Elsevier, vol. 122(C).
- David Kohn & Fernando Leibovici & Michal Szkup, 2015. "Financial Frictions and Export Dynamics in Large Devaluations," Department of Economics Working Papers 2015_2, Universidad Torcuato Di Tella.
- David Kohn & Fernando Leibovici & Michal Szkup, 2018. "Financial Frictions and Export Dynamics in Large Devaluations," 2018 Meeting Papers 949, Society for Economic Dynamics.
- David Kohn & Fernando Leibovici & Michal Szkup, 2017. "Financial Frictions and Export Dynamics in Large Devaluations," Working Papers 2017-13, Federal Reserve Bank of St. Louis.
- Michal Szkup & Fernando Leibovici & David Kohn, 2017. "Financial Frictions and Export Dynamics in Large Devaluations," 2017 Meeting Papers 859, Society for Economic Dynamics.
- repec:spo:wpmain:info:hdl:2441/3lmdaefcr886ao8sahjmam30ke is not listed on IDEAS
- Fontagné, Lionel & Martin, Philippe & Orefice, Gianluca, 2018.
"The international elasticity puzzle is worse than you think,"
Journal of International Economics, Elsevier, vol. 115(C), pages 115-129.
- Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2017. "The International Elasticity Puzzle Is Worse Than You Think," Working Papers 2017-03, CEPII research center.
- Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2018. "The International Elasticity Puzzle Is Worse Than You Think," SciencePo Working papers Main hal-01870896, HAL.
- Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2018. "The International Elasticity Puzzle Is Worse Than You Think," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01870896, HAL.
- Martin, Philippe & Fontagné, Lionel & Orefice, Gianluca, 2017. "The International Elasticity Puzzle Is Worse Than You Think," CEPR Discussion Papers 11855, C.E.P.R. Discussion Papers.
- Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2018. "The International Elasticity Puzzle Is Worse Than You Think," PSE-Ecole d'économie de Paris (Postprint) hal-01870896, HAL.
- Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2018. "The International Elasticity Puzzle Is Worse Than You Think," Post-Print hal-01870896, HAL.
- Yilmazkuday, Hakan, 2019.
"Estimating the trade elasticity over time,"
Economics Letters, Elsevier, vol. 183(C), pages 1-1.
- Hakan Yilmazkuday, 2019. "Estimating the Trade Elasticity over Time," Working Papers 1903, Florida International University, Department of Economics.
- Leibovici, Fernando & Waugh, Michael E., 2019.
"International trade and intertemporal substitution,"
Journal of International Economics, Elsevier, vol. 117(C), pages 158-174.
- Michael Waugh & Fernando Leibovici, 2010. "Cyclical Fluctuations in International Trade Volumes," 2010 Meeting Papers 1095, Society for Economic Dynamics.
- Fernando Leibovici & Michael E. Waugh, 2016. "International Trade and Intertemporal Substitution," Working Papers 2017-4, Federal Reserve Bank of St. Louis.
- Fernando Leibovici & Michael E. Waugh, 2014. "International Trade and Intertemporal Substitution," NBER Working Papers 20498, National Bureau of Economic Research, Inc.
- Fernando Leibovici & Michael E. Waugh, 2014. "International Trade and Intertemporal Substitution," Working Papers 2014_5, York University, Department of Economics.
- Gustavo de Souza & Naiyuan Hu & Haishi Li & Yuan Mei, 2022. "(Trade) War and Peace: How to Impose International Trade Sanctions," Working Paper Series WP 2022-49, Federal Reserve Bank of Chicago.
- repec:hal:spmain:info:hdl:2441/3lmdaefcr886ao8sahjmam30ke is not listed on IDEAS
- Robert C. Feenstra & Philip Luck & Maurice Obstfeld & Katheryn N. Russ, 2018.
"In Search of the Armington Elasticity,"
The Review of Economics and Statistics, MIT Press, vol. 100(1), pages 135-150, March.
- Robert C. Feenstra & Philip A. Luck & Maurice Obstfeld & Katheryn N. Russ, 2014. "In Search of the Armington Elasticity," NBER Working Papers 20063, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice & Feenstra, Robert & Russ, Katheryn N. & Luck, Philip, 2014. "In Search of the Armington Elasticity," CEPR Discussion Papers 9951, C.E.P.R. Discussion Papers.
- Yilmazkuday, Hakan, 2019.
"Understanding the international elasticity puzzle,"
Journal of Macroeconomics, Elsevier, vol. 59(C), pages 140-153.
- Hakan Yilmazkuday, 2018. "Understanding the International Elasticity Puzzle," Working Papers 1808, Florida International University, Department of Economics.
- Esposito, Federico, 2022.
"Demand risk and diversification through international trade,"
Journal of International Economics, Elsevier, vol. 135(C).
- Esposito, Federico, 2020. "Demand Risk and Diversification through International Trade," MPRA Paper 100865, University Library of Munich, Germany.
- Fontagné, Lionel & Guimbard, Houssein & Orefice, Gianluca, 2022.
"Tariff-based product-level trade elasticities,"
Journal of International Economics, Elsevier, vol. 137(C).
- Lionel Fontagné & Houssein Guimbard & Gianluca Orefice, 2022. "Tariff-based product-level trade elasticities," PSE-Ecole d'économie de Paris (Postprint) hal-03616218, HAL.
- Lionel Fontagné & Houssein Guimbard & Gianluca Orefice, 2022. "Tariff-based product-level trade elasticities," Post-Print hal-03616218, HAL.
- Lionel Fontagné & Houssein Guimbard & Gianluca Orefice, 2022. "Tariff-based product-level trade elasticities," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03616218, HAL.
- Benjamin Bridgman, 2013.
"Market entry and trade weighted import costs,"
Canadian Journal of Economics, Canadian Economics Association, vol. 46(3), pages 982-1013, August.
- Benjamin Bridgman, 2013. "Market entry and trade weighted import costs," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 46(3), pages 982-1013, August.
- Benjamin Bridgman, 2010. "Market Entry and Trade Weighted Import Costs," BEA Working Papers 0067, Bureau of Economic Analysis.
- Rodrigo Adão & Costas Arkolakis & Federico Esposito, 2019.
"General Equilibrium Effects in Space: Theory and Measurement,"
NBER Working Papers
25544, National Bureau of Economic Research, Inc.
- Rodrigo Adao & Costas Arkolakis & Federico Esposito, 2020. "General Equilibrium Effects in Space: Theory and Measurement," Discussion Papers Series, Department of Economics, Tufts University 0835, Department of Economics, Tufts University.
- Lukasz A. Drozd & Jaromir B. Nosal, 2012.
"Understanding International Prices: Customers as Capital,"
American Economic Review, American Economic Association, vol. 102(1), pages 364-395, February.
- Jaromir B. Nosal & Lukasz A. Drozd, 2007. "Understanding International Prices: Customers as Capital," 2007 Meeting Papers 755, Society for Economic Dynamics.
- Jaromir B. Nosal & Lukasz A. Drozd, 2010. "Understanding International Prices: Customers as Capital," 2010 Meeting Papers 1027, Society for Economic Dynamics.
- Lukasz A. Drozd & Jaromir B. Nosal, 2008. "Understanding international prices: customers as capital," Staff Report 411, Federal Reserve Bank of Minneapolis.
- Alessandria, George & Choi, Horag, 2021.
"The dynamics of the U.S. trade balance and real exchange rate: The J curve and trade costs?,"
Journal of International Economics, Elsevier, vol. 132(C).
- Horag Choi & George Alessandria, 2015. "The Dynamics of the Trade Balance and the Real Exchange Rate: The J Curve and Trade Costs?," 2015 Meeting Papers 1413, Society for Economic Dynamics.
- Horag Choi & George Alessandria, 2016. "The Dynamics of the U.S. Trade Balance and the Real Exchange Rate: The J Curve and Trade Costs?," 2016 Meeting Papers 1539, Society for Economic Dynamics.
- George A. Alessandria & Horag Choi, 2019. "The Dynamics of the U.S. Trade Balance and Real Exchange Rate: The J Curve and Trade Costs?," NBER Working Papers 25563, National Bureau of Economic Research, Inc.
- Jung, Benjamin, 2022. "The Trade Effects of the EU-South Korea Free Trade Agreement: Heterogeneity across Time, Country Pairs, and Directions of Trade within Country Pairs," VfS Annual Conference 2022 (Basel): Big Data in Economics 264125, Verein für Socialpolitik / German Economic Association.
- Beshkar, Mostafa & Shourideh, Ali, 2020. "Optimal trade policy with trade imbalances," Journal of Monetary Economics, Elsevier, vol. 109(C), pages 65-82.
- Jiang, Lingduo & Lu, Yi & Song, Hong & Zhang, Guofeng, 2023. "Responses of exporters to trade protectionism: Inferences from the US-China trade war," Journal of International Economics, Elsevier, vol. 140(C).
- Alfonso Irarrazabal & Andreas Moxnes & Luca David Opromolla, 2015.
"The Tip of the Iceberg: A Quantitative Framework for Estimating Trade Costs,"
The Review of Economics and Statistics, MIT Press, vol. 97(4), pages 777-792, October.
- Moxnes, Andreas & Irarrazabal, Alfonso & Opromolla, Luca David, 2010. "The Tip of the Iceberg: Modeling Trade Costs and Implications for Intra-Industry Reallocation," CEPR Discussion Papers 7685, C.E.P.R. Discussion Papers.
- Alfonso Irarrazabal & Andreas Moxnes & Luca David Opromolla, 2013. "The Tip of the Iceberg: A Quantitative Framework for Estimating Trade Costs," NBER Working Papers 19236, National Bureau of Economic Research, Inc.
- Luca David Opromolla & Alfonso A. Irarrazabal, 2011. "The Tip of the Iceberg: A Quantitative Framework for Estimating Trade Costs," Working Papers w201125, Banco de Portugal, Economics and Research Department.
More about this item
Keywords
International Trade and Trade Rules; Rules of Origin; Trade Policy; Trade and Multilateral Issues; World Trade Organization; Trade and Services;All these keywords.
JEL classification:
- F1 - International Economics - - Trade
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CNA-2022-11-07 (China)
- NEP-HIS-2022-11-07 (Business, Economic and Financial History)
- NEP-INT-2022-11-07 (International Trade)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:9741. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.