On the comparative advantage of U.S. manufacturing: evidence from the shale gas revolution

This paper provides novel empirical evidence of the effects of a plausibly exogenous change in relative factor prices on United States manufacturing production and trade. The shale gas revolution has led to (very) large and persistent differences in the price of natural gas between the United States...

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Bibliographic Details
Main Authors: Arezki, R, Fetzer, T, Pisch, F
Format: Working paper
Published: University of Oxford 2016