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Import competition and the great U.S. employment sag of the 2000s


Acemoglu, Daron; Autor, David; Dorn, David; Hanson, Gordon H; Price, Brendan (2015). Import competition and the great U.S. employment sag of the 2000s. UBS Center Working Paper Series 13, University of Zurich : UBS International Center of Economics in Society.

Abstract

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major force behind both recent reductions in U.S. manufacturing employment and—through input-output linkages and other general equilibrium channels—weak overall U.S. job growth. Our central estimates suggest job losses from rising Chinese import competition over 1999 through 2011 in the range of 2.0 to 2.4 million.

Abstract

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major force behind both recent reductions in U.S. manufacturing employment and—through input-output linkages and other general equilibrium channels—weak overall U.S. job growth. Our central estimates suggest job losses from rising Chinese import competition over 1999 through 2011 in the range of 2.0 to 2.4 million.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
03 Faculty of Economics > UBS International Center of Economics in Society
Working Paper Series > UBS Center Working Paper Series
Dewey Decimal Classification:330 Economics
JEL Classification:F16, J23
Uncontrolled Keywords:Trade flows, labor demand
Language:English
Date:September 2015
Deposited On:16 Dec 2015 14:09
Last Modified:08 Dec 2017 16:02
Series Name:UBS Center Working Paper Series
Number of Pages:42
ISSN:2296-2778
Free access at:Official URL. An embargo period may apply.
Official URL:http://www.ubscenter.uzh.ch/assets/workingpapers/WP13_Import_Competitionand_the_Great_US_Employment_Sag.pdf
Related URLs:http://www.ubscenter.uzh.ch/index.php/de/publications/workingpapers

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