【Empirical Seminar】Import Competition and Internal Firm Network: Establishment-level Analysis

  • 研討會日期 : 2021-11-05
  • 時間 : 14:30
  • 主講人 : Professor Ziho Park
  • 主持人 : Professor Tzu-Ting Yang
  • 地點 : Conference Room B110
  • 演講者簡介 : Professor Park received his Ph.D. in Economics from University of Chicago in 2021. He is currently an Assistant Professor at National Taiwan University. His research fields are International Trade, Macroeconomics, Urban Economics.
  • 演講摘要 : Using administrative data on U.S. multisector firms, we document a cross-sectoral propagation of the import competition from China (“China shock”) through firms’ internal networks: Employment of an establishment in a given industry is negatively affected by China shock that hits establishments in other industries within the same firm. This indirect propagation channel affects both manufacturing and non-manufacturing establishments, and it operates primarily through the establishment exit. We explore a range of explanations for our findings, highlighting the role of within-firm trade across sectors, scope of production, and establishment size. At the sectoral aggregate level, China shock that propagates through firms’ internal networks has a sizable impact on industry-level employment dynamics.