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American Economic Review· 2016Q1

The Surprisingly Swift Decline of US Manufacturing Employment

Justin R. Pierce, Peter K. Schott

Short summary

US manufacturing employment dropped sharply after 2000 due to a trade policy change that removed potential tariff increases on Chinese imports, with more exposed industries suffering greater job losses.

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance