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  1. Trade policy uncertainty, offshoring, and the environment
    evidence from US manufacturing establishments
    Erschienen: February 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We study long-run environmental impacts of trade liberalization on US manufacturing by exploiting a plausibly exogenous reduction in US trade policy uncertainty: the conferral of Permanent Normal Trade Relations (PNTR) to China. Using detailed data... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4
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    We study long-run environmental impacts of trade liberalization on US manufacturing by exploiting a plausibly exogenous reduction in US trade policy uncertainty: the conferral of Permanent Normal Trade Relations (PNTR) to China. Using detailed data on establishment-level pollution emissions and business characteristics - including trade activities and global subsidiary information - from 1997 to 2017, we show that establishments reduce toxic emissions in response to a reduction in trade policy uncertainty. Emission abatement is mainly driven by a decline in pollution emission intensity, and not by establishment exits or a reduction in production scale. Emission reduction is more pronounced for (i) establishments with foreign sourcing networks and (ii) those under more stringent environmental regulations. We provide further evidence that supports the pollution haven hypothesis whereby offshoring is central to the mechanism - US manufacturers begin to source from abroad and establish more subsidiaries in China after PNTR, especially those that emit pollutants heavily.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/272546
    Schriftenreihe: Discussion paper series / IZA ; no. 15919
    Schlagworte: pollution haven hypothesis; toxics release inventory; pollution emissions; trade and environment; trade policy uncertainty; offshoring; particulate matter; PNTR
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  2. The international spillover effects of trade policy uncertainty on the stockpiling and destocking of US imports
    Erschienen: [2023]
    Verlag:  [Puey Ungphakorn Institute for Economic Research], [Bangkok]

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 785
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    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion paper / Puey Ungphakorn Institute for Economic Research ; no. 200 (February 2023)
    Schlagworte: trade policy uncertainty; China shock; NTR gap; international spillovers; inventories
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen