The China syndrome: A cross-country evidence

Kozo Kiyota, Sawako Maruyama, Mina Taniguchi

研究成果: Article査読

2 被引用数 (Scopus)

抄録

While in many advanced countries the increasing import competition from China on employment is a major concern for policymakers and the general public, its impact of Chinese import competition could be different across countries, depending upon the volume and the composition of the products. This paper examines the impact of the China shock on employment in six advanced countries. We find that the import penetration of final goods from China has negative effects on manufacturing employment in these countries, whereas the import penetration of intermediate inputs from and the exports to China could have positive effects. Moreover, such positive effects could offset or even outweigh the negative effects in some countries. These results together suggest that a careful interpretation is needed when evaluating the external validity of the China shock that is obtained in one country.

本文言語English
ページ(範囲)2758-2792
ページ数35
ジャーナルWorld Economy
44
9
DOI
出版ステータスPublished - 2021 9月

ASJC Scopus subject areas

  • 会計
  • 財務
  • 経済学、計量経済学
  • 政治学と国際関係論

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