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Exporting Jobs?: The Impact of Import Competition on Employment and Wages in U. S. Manufacturing
Abstract
This paper investigates the effect of increased import competition on U. S. manufacturing employment and wages, using data for a panel of manufacturing industries over the 1977–1987 period. The empirical analysis uses previously unavailable industry import price data and an instrumental variables estimation strategy. The estimates suggest that changes in import prices have a significant effect on both employment and wages. The dramatic appreciation of the dollar between 1980 and 1985 is estimated to have reduced wages by 2 percent, and employment by 4.5–7.5 percent on average in this sample of trade-impacted industries.
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Citations
Cites
Specification Tests in Econometrics
Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
Changes in Relative Wages, 1963-1987: Supply and Demand Factors
Katz, L. F., & Murphy, K. M. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118323 · Cited by 4,793
Cited by
Inequality and Economic Growth: The Perspective of the New Growth Theories
Aghion, P., Caroli, E., & García-Peñalosa, C. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.4.1615 · Cited by 1,848
Technical change, inequality, and the labor market
Acemoglu, D. (2002) · Journal of Economic Literature · doi:10.1257/jel.40.1.7 · Cited by 1,767
Are CEOs Rewarded for Luck? The Ones Without Principals Are
Bertrand, M., & Mullainathan, S. (2001) · The Quarterly Journal of Economics · doi:10.1162/00335530152466269 · Cited by 1,740
The Surprisingly Swift Decline of US Manufacturing Employment
Pierce, J. R., & Schott, P. K. (2016) · American Economic Review · doi:10.1257/aer.20131578 · Cited by 1,363
The Long and Short (of) Quality Ladders
KHANDELWAL, A. (2010) · Review of Economic Studies · doi:10.1111/j.1467-937x.2010.00602.x · Cited by 835
Metadata
- Authors
- Revenga, A. L.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1992-02-01
- Volume
- 107
- Issue
- 1
- Pages
- 255-284
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2011350192
- Cited by
- 637
- References
- 2
- FWCI
- 49.39
- Type
- journal article
- Language
- en
- Open access
- closed
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- Revenga, A. L. (1992). Exporting Jobs?: The Impact of Import Competition on Employment and Wages in U. S. Manufacturing. The Quarterly Journal of Economics. https://doi.org/10.2307/2118329
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.