China shock: the impact on trade and incomes

João Paulo Pessoa

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: Is US presidential candidate Donald Trump right when he claims that the Chinese are causing serious damage to American workers? Research by João Paulo Pessoa analyses the impact of the recent massive increase in China's participation in world trade on jobs and incomes in developed economies. He finds that the effects of the 'China shock' on wages and unemployment vary substantially across sectors within countries. Greater trade benefits workers in services and harms workers in low-tech manufacturing. This indicates that even when developed economies face a fierce competitor like China, they also receive many benefits.

Keywords: china; trade; Donald Trump; unemployment; wages (search for similar items in EconPapers)
Date: 2016-06
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cep.lse.ac.uk/pubs/download/cp474.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:cep:cepcnp:474

Access Statistics for this paper

More papers in CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE
Bibliographic data for series maintained by ().