2023-09-28 14:46:10 +00:00
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abstract: 'While many studies have quantified the impact of Chinese import
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competition on U.S. wages, to my knowledge this is the first study to
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also estimate the effect on fringe benefits. This is important because
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in the United States, fringe benefits are now more than 30\% of
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compensation. I first argue that if trade affects the share of benefits
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in compensation, focusing on wages and ignoring fringe benefits may give
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us misleading estimates of the effect of trade on workers'' total
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compensation. Using data from the National Longitudinal Survey of Youth
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1979, I track the subsequent outcomes of workers who were working in
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manufacturing in 1996. Similar to Autor et al. (2014), I find that
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exposure to Chinese competition negatively affects wage income. As to
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fringe benefits, the effect on participation in a defined benefit
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retirement plan and the availability of vacation days is negative and
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significant. The effects on other benefits are usually negative but
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imprecisely estimated. The effect on the overall dollar value of
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benefits is negative and significant. However, in percentage terms, the
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effect on benefits is smaller than the effect on wages. This suggests
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that, in percentage terms, the impact of Chinese import competition on
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overall compensation is less severe than the one found in Autor et al.
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(2014) for wages.'
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affiliation: 'Tempesti, T (Corresponding Author), Univ Massachusetts, Dept Econ, Lowell,
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MA 01854 USA.
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Tempesti, Tommaso, Univ Massachusetts, Dept Econ, Lowell, MA 01854 USA.'
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author: Tempesti, Tommaso
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author-email: tommaso\_tempesti@uml.edu
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author_list:
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- family: Tempesti
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given: Tommaso
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da: '2023-09-28'
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doi: 10.1002/soej.12426
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eissn: 2325-8012
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files: []
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issn: 0038-4038
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journal: SOUTHERN ECONOMIC JOURNAL
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keywords-plus: TRADE; IMPACT; WAGES; INEQUALITY; EMPLOYMENT
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language: English
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month: APR
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number: '4'
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number-of-cited-references: '45'
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pages: 1307-1337
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papis_id: 924ffe32a436c2e4a3fcf070e7f1427c
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ref: Tempesti2020fringebenefits
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times-cited: '0'
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title: Fringe Benefits and Chinese Import Competition
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000524455100002
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usage-count-last-180-days: '0'
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usage-count-since-2013: '1'
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volume: '86'
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web-of-science-categories: Economics
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year: '2020'
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