Trading with China : Productivity Gains, Job Losses

June 13, 2017

We analyze the impact on productivity in advanced economies of fast-growing trade with China between the mid-1990s and late-2000s, separately identifying the export and import channels. Our estimates point to large productivity gains from trading with China. Taken together, these findings point to large gains from free trade, while underscoring the scope for a more active policy role in redistributing them, particularly by easing workers’ transition between jobs and industries. read more >>