Trade Protectionism and US Manufacturing Employment

Chunding Li (lichunding@yahoo.com), Jing Wang and John Whalley
Additional contact information
Jing Wang: Western University (UWO)
John Whalley: Western University (UWO)

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

Abstract: This paper uses a numerical global general equilibrium model to simulate the possible effects of US initiated trade protection measures on US manufacturing employment. The simulation results show that US trade protection measures do not increase but will instead reduce manufacturing employment, and US losses will further increase if trade partners take retaliatory measures. The mechanism is that although the substitution effects between domestic and foreign goods have positive impacts, the substitution effects between manufacturing and service sectors and the retaliatory effects both have negative influences, therefore the whole effect is that the US will lose manufacturing employment.

Keywords: Trade Protectionism, Manufacturing Employment, United States, Numerical Simulation JEL Classification: F16; C68; F62 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cmp and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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https://warwick.ac.uk/fac/soc/economics/research/c ... 410-2019_whalley.pdf

Related works:
Journal Article: Trade protectionism and US manufacturing employment (2021)
Working Paper: Trade Protectionism and US Manufacturing Employment (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:cge:wacage:410

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