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The China Syndrome: Local Labor Market Effects of Import Competition in the United States / David H. Autor, David Dorn, Gordon H. Hanson.
- Format:
- Book
- Author/Creator:
- Autor, David H.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18054.
- NBER working paper series no. w18054
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- 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.
- Notes:
- Print version record
- May 2012.
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