The Impact of tariff increase on export and employment of Chinese firms
This paper examines the impact of the tariff increase implemented by the U.S. in 2018 on Chinese firms' export and subsequent employment adjustment. Under the influence of front run shipment and expected stock pile, the export volume increased by 10% after the tariff increase in 2018. While fir...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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KeAi Communications Co. Ltd.
2023-09-01
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| Series: | China Economic Quarterly International |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933123000308 |
| _version_ | 1797633259164663808 |
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| author | Yang Ding Yuanchun Liu |
| author_facet | Yang Ding Yuanchun Liu |
| author_sort | Yang Ding |
| collection | DOAJ |
| description | This paper examines the impact of the tariff increase implemented by the U.S. in 2018 on Chinese firms' export and subsequent employment adjustment. Under the influence of front run shipment and expected stock pile, the export volume increased by 10% after the tariff increase in 2018. While firm employment remains stable, the average working hour and wage increased. In 2019, with the impact of tariff increase gradually emerging, the export volume declined significantly. However, Chinese exporter did not cut jobs on a large scale. Instead, they reduced the per capita working hour and other employment costs, leading to a simultaneous decline in wage and non-cash benefits. The latter contributes to more than 42% of the decline. Our study indicates that the impact of tariff on employment is mainly reflected in the intensive rather than extensive margin. |
| first_indexed | 2024-03-11T11:51:33Z |
| format | Article |
| id | doaj.art-12e9442405b54afeb8fb493cc631826d |
| institution | Directory Open Access Journal |
| issn | 2666-9331 |
| language | English |
| last_indexed | 2024-03-11T11:51:33Z |
| publishDate | 2023-09-01 |
| publisher | KeAi Communications Co. Ltd. |
| record_format | Article |
| series | China Economic Quarterly International |
| spelling | doaj.art-12e9442405b54afeb8fb493cc631826d2023-11-09T04:12:00ZengKeAi Communications Co. Ltd.China Economic Quarterly International2666-93312023-09-0133155166The Impact of tariff increase on export and employment of Chinese firmsYang Ding0Yuanchun Liu1School of Economics, Renmin University of China, China; Corresponding author.Shanghai University of Finance and Economics, ChinaThis paper examines the impact of the tariff increase implemented by the U.S. in 2018 on Chinese firms' export and subsequent employment adjustment. Under the influence of front run shipment and expected stock pile, the export volume increased by 10% after the tariff increase in 2018. While firm employment remains stable, the average working hour and wage increased. In 2019, with the impact of tariff increase gradually emerging, the export volume declined significantly. However, Chinese exporter did not cut jobs on a large scale. Instead, they reduced the per capita working hour and other employment costs, leading to a simultaneous decline in wage and non-cash benefits. The latter contributes to more than 42% of the decline. Our study indicates that the impact of tariff on employment is mainly reflected in the intensive rather than extensive margin.http://www.sciencedirect.com/science/article/pii/S2666933123000308Tariff increaseemployment sizelabor income |
| spellingShingle | Yang Ding Yuanchun Liu The Impact of tariff increase on export and employment of Chinese firms China Economic Quarterly International Tariff increase employment size labor income |
| title | The Impact of tariff increase on export and employment of Chinese firms |
| title_full | The Impact of tariff increase on export and employment of Chinese firms |
| title_fullStr | The Impact of tariff increase on export and employment of Chinese firms |
| title_full_unstemmed | The Impact of tariff increase on export and employment of Chinese firms |
| title_short | The Impact of tariff increase on export and employment of Chinese firms |
| title_sort | impact of tariff increase on export and employment of chinese firms |
| topic | Tariff increase employment size labor income |
| url | http://www.sciencedirect.com/science/article/pii/S2666933123000308 |
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