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DESCRIPTION:Trade\, Development and Political Economy and Moynihan Institut
 e of Global Affairs present:&nbsp\;Yang Liang\,&nbsp\;PhD\nCandidate\, Gra
 duate\nAssociate\, Moynihan\nInstitute of Global Affairs\, Economics\nDepa
 rtment – Syracuse University&nbsp\;Job\nCreation and Job Destruction:&nbsp
 \;The\nEffect\nof Trade Shocks on US EmploymentThis\npaper studies the eff
 ect of trade expansion on the US labor market through both\nimports and ex
 ports over the last two decades. Despite job losses from import\ncompetiti
 on\, I find evidence that numerous jobs are created in the US through\nexp
 ort expansion. The effects of trade are identified by shocks to US imports
 \nand exports triggered by foreign countries' unilateral liberalization. C
 entral\nestimates suggest that nearly 928 thousand manufacturing jobs were
  created\nthrough exports to the world between 1991 and 2007\, whereas the
  number of job\nlosses due to imports is estimated to be 845 thousand.&nbs
 p\; Combining these two sides\, the substantial\nnegative employment effec
 t of import exposure to China is roughly balanced by\nthe positive employm
 ent effect of export performance to the world at the\nindustry level. Comp
 ared with previous findings\, the estimated number of job\nlosses due to i
 mport exposure to China decreases upon controlling for industry\nfixed eff
 ects. Meanwhile\, export (import) shocks have positive (negative)\nimpacts
  on other labor-market outcomes including the wage bill\, establishment\nc
 ount\, and share of production workers\, without any effect on the average
 \nindustry wage rate.Yang\nLiang is a 5th year\nPhD candidate in the Econo
 mics Department and a graduate associate at Moynihan\nInstitute of Global 
 Affairs. His broad research\ninterests are in international trade\, labor 
 economics\, and applied\nmicroeconomics\, more specifically\, the causes a
 nd consequences of\nglobalization. Liang’s current\nresearch agenda aims t
 o understand the impact of trade expansion on domestic\neconomic condition
 s such as employment\, wages\, and firms’ innovation decisions.For\ninform
 ation on accessibility\, or to request accommodation\, please contact Marc
 \nAlbert 315-443-9248.&nbsp\;Sponsored by&nbsp\;Trade\, Development and Po
 litical Economy at the Moynihan Institute of Global Affairs&nbsp\; 
DTEND:20171023T210000Z
DTSTAMP:20260512T170849Z
DTSTART:20171023T200000Z
LOCATION:
SEQUENCE:0
SUMMARY:Yang Liang - Job Creation and Job Destruction:  The Effect of Trade
  Shocks on US Employment - TDPE
UID:RFCALITEM639141881298647503
X-ALT-DESC;FMTTYPE=text/html:<p>Trade\, Development and Political Economy a
 nd Moynihan Institute of Global Affairs present:&nbsp\;</p><p><strong>Yang
  Liang\,&nbsp\;</strong><em>PhD\nCandidate\, Graduate\nAssociate\, Moyniha
 n\nInstitute of Global Affairs\, Economics\nDepartment – Syracuse Universi
 ty&nbsp\;</em></p><p><strong>Job\nCreation and Job Destruction:&nbsp\;The\
 nEffect\nof Trade Shocks on US Employment</strong></p><p>This\npaper studi
 es the effect of trade expansion on the US labor market through both\nimpo
 rts and exports over the last two decades. Despite job losses from import\
 ncompetition\, I find evidence that numerous jobs are created in the US th
 rough\nexport expansion. The effects of trade are identified by shocks to 
 US imports\nand exports triggered by foreign countries' unilateral liberal
 ization. Central\nestimates suggest that nearly 928 thousand manufacturing
  jobs were created\nthrough exports to the world between 1991 and 2007\, w
 hereas the number of job\nlosses due to imports is estimated to be 845 tho
 usand.&nbsp\; Combining these two sides\, the substantial\nnegative employ
 ment effect of import exposure to China is roughly balanced by\nthe positi
 ve employment effect of export performance to the world at the\nindustry l
 evel. Compared with previous findings\, the estimated number of job\nlosse
 s due to import exposure to China decreases upon controlling for industry\
 nfixed effects. Meanwhile\, export (import) shocks have positive (negative
 )\nimpacts on other labor-market outcomes including the wage bill\, establ
 ishment\ncount\, and share of production workers\, without any effect on t
 he average\nindustry wage rate.</p><p><strong>Yang\nLiang </strong>is a 5t
 h year\nPhD candidate in the Economics Department and a graduate associate
  at Moynihan\nInstitute of Global Affairs. His broad research\ninterests a
 re in international trade\, labor economics\, and applied\nmicroeconomics\
 , more specifically\, the causes and consequences of\nglobalization. Liang
 ’s current\nresearch agenda aims to understand the impact of trade expansi
 on on domestic\neconomic conditions such as employment\, wages\, and firms
 ’ innovation decisions.</p><p>For\ninformation on accessibility\, or to re
 quest accommodation\, please contact Marc\nAlbert 315-443-9248.&nbsp\;</p>
 <p><b><i>Sponsored by&nbsp\;Trade\, Development and Political Economy at t
 he Moynihan Institute of Global Affairs&nbsp\;</i></b> </p>
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