Import Competition and the Great US Employment Sag of the 2000s
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Author(s)
Dorn, David
Hanson, Gordon H.
Acemoglu, K. Daron
Autor, David H
Price, Brendan Michael
Date Issued
December 2015
Journal
Journal of Labor Economics
Publisher
University of Chicago Press
Citation
Acemoglu, Daron et al. “Import Competition and the Great US Employment Sag of the 2000s.” Journal of Labor Economics 34.S1 (2016): S141–S198. © 2015 by The University of Chicago
Version
Final published version
Abstract
Even before the Great Recession, US employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major force behind both recent reductions in US manufacturing employment and—through input-output linkages and other general equilibrium channels—weak overall US job growth. Our central estimates suggest job losses from rising Chinese import competition over 1999–2011 in the range of 2.0–2.4 million.
MIT Department
Massachusetts Institute of Technology. Department of Economics
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Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1086/682384
