10 avril 2024
http://creativecommons.org/licenses/by-nc-nd/ , info:eu-repo/semantics/OpenAccess
Rabah Arezki et al., « Import Competition and U.S. Sentiment Toward China », HAL-SHS : économie et finance, ID : 10670/1.sscc7n
We empirically examine how import competition affects sentiment toward China in local communities in the United States using a news-based index for sentiment. Results are threefold. First; U.S. sentiment toward China peaked in 2007 before turning negative. Second; communities more exposed to import competition from China have experienced a greater deterioration in sentiment. Third; the trade-induced U.S. sentiment toward China is broad-based; encompassing political; military; and national security issues. These findings suggest that competition over trade may have important geopolitical implications through sentiment of local communities.