wow-inequalities/02-data/intermediate/wos_sample/dbff197aa094495e198564944fbf71b3-autor-david-h.-and/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'China''s emergence as a great economic power has induced an epochal shift
in patterns of world trade. Simultaneously, it has challenged much of
the received empirical wisdom about how labor markets adjust to trade
shocks. Alongside the heralded consumer benefits of expanded trade are
substantial adjustment costs and distributional consequences. These
impacts are most visible in the local labor markets in which the
industries exposed to foreign competition are concentrated. Adjustment
in local labor markets is remarkably slow, with wages and labor-force
participation rates remaining depressed and unemployment rates remaining
elevated for at least a full decade after the China trade shock
commences. Exposed workers experience greater job churning and reduced
lifetime income. At the national level, employment has fallen in the US
industries more exposed to import competition, as expected, but
offsetting employment gains in other industries have yet to materialize.
Better understanding when and where trade is costly, and how and why it
may be beneficial, is a key item on the research agenda for trade and
labor economists.'
affiliation: 'Autor, DH (Corresponding Author), MIT, Dept Econ, Cambridge, MA 02142
USA.
Autor, DH (Corresponding Author), Natl Bur Econ Res, Cambridge, MA 02138 USA.
Autor, David H., MIT, Dept Econ, Cambridge, MA 02142 USA.
Autor, David H., Natl Bur Econ Res, Cambridge, MA 02138 USA.
Dorn, David, Univ Zurich, Dept Econ, CH-8001 Zurich, Switzerland.
Dorn, David, Ctr Econ \& Policy Res, London EC1V 0DX, England.
Hanson, Gordon H., Univ Calif San Diego, Sch Global Policy \& Strategy, La Jolla,
CA 92093 USA.'
author: Autor, David H. and Dorn, David and Hanson, Gordon H.
author-email: 'dautor@mit.edu
david.dorn@econ.uzh.ch
gohanson@ucsd.edu'
author_list:
- family: Autor
given: David H.
- family: Dorn
given: David
- family: Hanson
given: Gordon H.
booktitle: ANNUAL REVIEW OF ECONOMICS, VOL 8
da: '2023-09-28'
doi: 10.1146/annurev-economics-080315-015041
editor: Aghion, P and Rey, H
esi-highly-cited-paper: Y
esi-hot-paper: N
files: []
isbn: 978-0-8243-4608-9
issn: 1941-1383
keywords: globalization; labor-market adjustment; local labor markets; inequality
keywords-plus: 'LOW-WAGE COUNTRIES; IMPORT COMPETITION; UNITED-STATES;
TECHNOLOGICAL-CHANGE; INDUSTRY DYNAMICS; GLOBAL ECONOMY; IMPACT;
INEQUALITY; GROWTH; LIBERALIZATION'
language: English
number-of-cited-references: '113'
orcid-numbers: Dorn, David/0000-0002-1827-4734
pages: 205-240
papis_id: 92870a7a35a2c1a431a70d4fd4b01995
ref: Autor2016chinashock
series: Annual Review of Economics
times-cited: '389'
title: 'The China Shock: Learning from Labor-Market Adjustment to Large Changes in
Trade'
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000389577500008
usage-count-last-180-days: '18'
usage-count-since-2013: '207'
volume: '8'
web-of-science-categories: Economics
year: '2016'