Showing papers by "Robert C. Feenstra published in 1997"
TL;DR: In this paper, the authors examined the increase in relative wages for skilled workers in Mexico during the 1980s and found that growth in FDI was positively correlated with the relative demand for skilled labor.
1,291 citations
TL;DR: The World Trade Database (WTDB) as mentioned in this paper contains bilateral trade flows for all countries over 1970-1992, classified according to the Standard International Trade Classification, Revision 2 (with some modification).
Abstract: This paper describes two databases dealing with world bilateral trade flows: the World Trade Database (WTDB) assembled by Statistics Canada, which contains bilateral trade flows for all countries over 1970-1992, classified according to the Standard International Trade Classification, Revision 2 (with some modification); and the Compatible Trade and Production (COMTAP) database assembled by the Organization for Economic Cooperation and Development (OECD), which contains production of manufactured goods in OECD countries and bilateral trade flows between these countries and all their trading partners over 1970-1985, classified according to the International Standard Industrial Classification, Revision 2. These databases are available to academic users on the CD-ROM. Also contained on the CD-ROM is information on country factor endowments, tariff and non-tariff barriers for selected countries, and input-output tables for the United Kingdom and the United States. The WTDB database is made available under a license with Statistics Canada, the terms of which are described herein, and the COMTAP database is made available by permission of the OECD. A revised version of this data set is available on CD-ROM.
195 citations
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TL;DR: The World Trade Database (WTDB) as discussed by the authors contains bilateral trade flows for all countries over 1970-1992, classified according to the Standard International Trade Classification, Revision 2 (with some modification).
Abstract: This paper describes two databases dealing with world bilateral trade flows: the World Trade Database (WTDB) assembled by Statistics Canada, which contains bilateral trade flows for all countries over 1970-1992, classified according to the Standard International Trade Classification, Revision 2 (with some modification); and the Compatible Trade and Production (COMTAP) database assembled by the Organization for Economic Cooperation and Development (OECD), which contains production of manufactured goods in OECD countries and bilateral trade flows between these countries and all their trading partners over 1970-1985, classified according to the International Standard Industrial Classification, Revision 2. These databases are available to academic users on the CD-ROM. Also contained on the CD-ROM is information on country factor endowments, tariff and non-tariff barriers for selected countries, and input-output tables for the United Kingdom and the United States. The WTDB database is made available under a license with Statistics Canada, the terms of which are described herein, and the COMTAP database is made available by permission of the OECD. A revised version of this data set is available on CD-ROM.
120 citations
TL;DR: In this article, the authors develop and test two hypotheses about purchasing power parity (PPP) and find support for both these hypotheses, though the magnitude of the interest rate effect is very small.
112 citations
TL;DR: In this article, the authors describe data on U.S. exports from 1972-1994, classified according to the Schedule B' system, Harmonized System (HS), Standard International Trade Classification (SITC, Revisions 2 and 3), along with various concordances.
Abstract: This paper describes data on U.S. exports from 1972-1994, classified according to the Schedule B' system, Harmonized System (HS), Standard International Trade Classification (SITC, Revisions 2 and 3), and Standard Industrial Classification (SIC, 1972 basis), along with various concordances. All of these data sets are disaggregated by the destination country for exports. U.S. Exports, 1972-1994,' which can be ordered for $50 from the Publications Department, NBER, 1050 Massachusetts Avenue, Cambridge, MA 02138. A summary of the SIC data, which does not contain the source country detail and incorporates earlier years, is available via anonymous FTP from nber.org /pub/feenstra, or via the Web from www.nber.org. Disk 1 of the NBER Trade Database contained complete data on U.S. imports, and included on this CD-ROM is a revision to the SIC imports for the years 1989-1994. In" addition, the CD-ROM includes state-level exports and a number of other U.S. datasets contributed by various researchers, such as tariff reductions under NAFTA, antidumping cases, domestic and imported automobile data, materials consumption by industry, foreign trade zones, foreign investment, and programs used to construct and update the data.
96 citations
01 Jan 1997
TL;DR: In this article, Levinsohn et al. discuss the U.S.-Japan trade frictions in the Automobile and Automobile Parts markets and the role of regulation in the trade policy process.
Abstract: Acknowledgments Introduction Robert C. Feenstra 1: Carwars: Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets James Levinsohn 2: Explaining Domestic Content: Evidence from Japanese and U.S. Automobile Production in the United States Deborah L. Swenson 3: Protectionist Threats and Foreign Direct Investment Bruce A. Blonigen, Robert C. Feenstra. 4: Foreign Direct Investment and Keiretsu: Rethinking U.S. and Japanese Policy David E. Weinstein 5: U.S.-Japan Telecommunications Trade Conflicts: The Role of Regulation Andrew R. Dick 6: Testing Models of the Trade Policy Process: Antidumping and the "New Issues" Robert E. Cumby, Theodore H. Moran. 7: The Trade Effects of U.S. Antidumping Actions Thomas J. Prusa 8: Determinants and Effectiveness of "Aggressively Unilateral" U.S. Trade Actions Kimberly Ann Elliott, J. David Richardson. 9: Whither Flat Panel Displays? Kala Krishna, Marie Thursby. 10: Causes and Consequences of the Export Enhancement Program for Wheat Pinelopi Koujianou Goldberg, Michael M. Knetter. 11: The Effects of Offshore Assembly on Industry Location: Evidence from U.S. Border Cities Gordon H. Hanson 12: Market-Access Effects of Trade Liberalization: Evidence from the Canada-U.S. Free Trade Agreement Keith Head, John Ries. Contributors Name Index Subject Index
91 citations
TL;DR: This paper developed a procedure to rank countries and commodities using disaggregated American imports data, consistent with the product cycle' hypothesis, and found strong evidence that both country and commodities can be ranked consistent with product cycle hypothesis.
Abstract: We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order We estimate these orderings using a semi-parametric methodology which takes account of the fact that most goods are not exported by most countries in our sample Our orderings seem sensible, robust and intuitive For instance, our country rankings derived from dis-aggregated trade data turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates
42 citations
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TL;DR: In this article, the authors describe data on U.S. exports from 1972-1994, classified according to the Schedule B' system, Harmonized System (HS), Standard International Trade Classification (SITC, Revisions 2 and 3), along with various concordances.
Abstract: This paper describes data on U.S. exports from 1972-1994, classified according to the Schedule B' system, Harmonized System (HS), Standard International Trade Classification (SITC, Revisions 2 and 3), and Standard Industrial Classification (SIC, 1972 basis), along with various concordances. All of these data sets are disaggregated by the destination country for exports. U.S. Exports, 1972-1994,' which can be ordered for $50 from the Publications Department, NBER, 1050 Massachusetts Avenue, Cambridge, MA 02138. A summary of the SIC data, which does not contain the source country detail and incorporates earlier years, is available via anonymous FTP from nber.org /pub/feenstra, or via the Web from www.nber.org. Disk 1 of the NBER Trade Database contained complete data on U.S. imports, and included on this CD-ROM is a revision to the SIC imports for the years 1989-1994. In" addition, the CD-ROM includes state-level exports and a number of other U.S. datasets contributed by various researchers, such as tariff reductions under NAFTA, antidumping cases, domestic and imported automobile data, materials consumption by industry, foreign trade zones, foreign investment, and programs used to construct and update the data.
33 citations
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TL;DR: In this article, the authors evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan and find that changes in relative product variety have a positive and significant effect on TFP in eight of the sixteen sectors.
Abstract: We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies on a direct measure of the variety of products from each sector which can serve as intermediate inputs or as final goods. We test whether changes in the variety of these inputs, for Taiwan relative to Korea, are correlated with the growth in total factor productivity (TFP) in each sector, again measured in Taiwan relative to Korea. We find that changes in relative product variety (entered as either a lag or a lead) have a positive and significant effect on TFP in eight of the sixteen sectors. Seven out of these eight sectors are what we classify as secondary industries, in that they rely on differentiated manufactured inputs, and therefore seem to fit the idea of endogenous growth. Among the primary industries that rely more heavily on natural resources, we find more mixed evidence.
29 citations
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13 citations
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TL;DR: In this paper, twelve essays by leading international economists explore crucial issues in U.S. trade policy and conclude that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself.
Abstract: Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities. The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.
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TL;DR: This article developed a procedure to rank-order countries and commodities using disaggregated American imports data, consistent with the product cycle' hypothesis, and they found strong evidence that both country and commodities can be ranked.
Abstract: We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a semi-parametric methodology which takes account of the fact that most goods are not exported by most countries in our sample. Our orderings seem sensible, robust and intuitive. For instance, our country rankings derived from dis-aggregated trade data turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.
Posted Content•
TL;DR: The authors developed a procedure to rank countries and commodities using disaggregated American imports data, consistent with the "product cycle" hypothesis, and found strong evidence that both countries and commodity can be ranked consistent with product cycle hypothesis.
Abstract: We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the "product cycle" hypothesis. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a semi-parametric methodology which takes account of the fact that most goods are not exported by most countries in our sample. Our orderings seem sensible, robust and intuitive. For instance, our country rankings derived from dis-aggregated trade data, turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.
Posted Content•
TL;DR: This article developed a procedure to rank-order countries and commodities using disaggregated US imports data, consistent with the product cycle hypothesis, and found strong evidence that both country and commodities can be ranked, and the orderings seem sensible, robust and intuitive, and they are highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.
Abstract: This paper develops a procedure to rank-order countries and commodities using disaggregated US imports data. It finds strong evidence that both countries and commodities can be ranked, consistent with the ‘product cycle’ hypothesis. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a semi-parametric methodology that takes account of the fact that most goods are not exported by most countries in the sample. The orderings seem sensible, robust and intuitive. For instance, the country rankings derived from disaggregated trade data turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.