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Chinese competition : who's to blame for the deindustrialization of America?

by Pagan, Russell

Abstract

Current legislation seeks to label China a “currency manipulator” due to its allegedly unfair trade practices. The coincidence of increased Sino-US trade flows with domestic job loss in manufacturing fuels a great deal of the growing anti-China sentiment in the US. Proponents of the Exchange Rate Oversight Reform Act attribute America’s long-experienced decline in manufacturing employment to competition from rising Chinese imports, therefore advocating protectionist measures. This thesis examines the validity of such claims, suggesting the possible significance of technologically-induced productivity gains rather than increased trade liberalization. Employing an ordinary least squares regression model, this study tests for the determinants of manufacturing job-loss between 1983 and 2005. Results of this study indicate the significance not only of increased imports from China, but from the entirety of the US’s low-wage trading partners. However, negligible significance is attributed to enhanced productivity during this period.

Note

Includes bibliographical references.

Administrative Notes

None

Copyright
Copyright restrictions apply.
Publisher
Colorado College
PID
coccc:5796
Digital Origin
born digital
Extent
73 pages : illustrations (some color)
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Lybecker, Kristina
Department/Program
Economics and Business
Degree Name
bachelor
Degree Type
Bachelor of Arts
Degree Grantor
Colorado College
Date Issued
2012