Robert C. Feenstra

TL;DR: This paper examined the employment responses to import competition from China and to global export expansion from the United States, both of which have been expanding strongly during the past decades, and found that although Chinese imports reduce jobs, at both the industry level and the local commuting zone level, the global export expand of US products also creates a considerable number of jobs.

TL;DR: In this paper, the authors argue that the Dixit-Norman scheme of commodity taxes may not lead to strict Pareto gains from trade, and instead, this scheme must be augmented by policies that give factors an incentive to move between industries.

TL;DR: This paper examined the effects of U.S.-Japan trade restraint on automobile prices and quality upgrading, for both Japanese imports and American small cars, and concluded that a second cost of the trade restraint has been to prevent the yen depreciation from being passed onto American consumers, in terms of lower imported auto prices.

TL;DR: In this article, the authors argue that three sources of trade gain from trade under monopolistic competition are (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; and (iii) reduced markups charged by firms due to import competition.

TL;DR: In this article, the authors demonstrate a substantial role for trade policy in a competitive model, finding that: (a) an export subsidy may benefit the exporting country; (b) a "voluntary" export restraint may benefit a importing country; and (c) a countervailing duty may benefit an importing country even if it has no effect on the foreign price of that good.