Price-cost margins and foreign trade in U.S. textile and apparel industries: An analysis of pooled cross-section and time-series data |
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Authors: | Shujiro Urata |
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Institution: | The Brookings Institution, Washington, DC 20036, USA |
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Abstract: | This study finds an unexpected, positive and significant association between price-cost margins and import-domestic shipment ratio for the U.S. textile and apparel industries, using pooled cross-section and time-series data. Distortions created by import quotas account for this anomalous finding. |
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