The response of the Chinese economy to the U.S.-China Trade War: 2018-2019

• Main Authors: CHANG, Pao-li, YAO, Kefang, ZHENG, Fan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Chinese Economy; Tariff War; Elasticity Estimation; Regional Labor Market Adjustment; Welfare Analysis; Asian Studies; International Economics
• Online Access: https://ink.library.smu.edu.sg/soe_research/2415; https://ink.library.smu.edu.sg/context/soe_research/article/3414/viewcontent/china_2021_5.pdf
• Institution: Singapore Management University

In this paper, we follow the micro-to-macro approach of Fajgelbaum et al. (2020) and analyze the impacts of the 2018–2019 U.S.-China trade war on the Chinese economy. We use highly disaggregated trade and tariff data with monthly frequency to identify the demand/supply elasticities of Chinese imports...