The Consumption Response to Trade Shocks

Michael Waugh

No 1226, 2019 Meeting Papers from Society for Economic Dynamics

Abstract: This papers studies the response of consumption to trade shocks induced by changes in US and Chinese trade policy between 2017-2018. The core of the analysis is the use of a unique data set with the universe new auto sales at the US county level, at a monthly frequency over the period of 2017-2018. This data set is merged with a commute-zone’s announced and actual change in tariffs via-a-via China. A difference-in-difference approach is used to trace out the effect of the shock from announcement, implementation, and medium-run effects. A simple quantitative model is developed to facilitate interpretation of the results.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (55)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2019/paper_1226.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed019:1226

Access Statistics for this paper

More papers in 2019 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().