Graduation Year
2020
Date of Submission
12-2019
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
William Lincoln
Rights Information
2019 Charles E Mangum
Abstract
Throughout the years there has been literature regarding the impacts of Chinese manufacturing on the United States economy. Much of the focus has been centered on macro-economic effects and not firm level impacts. Using trade exposure and data from publically traded manufacturing firms I provide an analysis of the potential effects of increased trade exposure in a highly competitive market. My research aims to measure the impacts of Chinese imports on United States manufacturing companies with low technological barriers to entry. When comparing trade exposure to firm level data I conclude that there is a negative correlation between investment levels and import exposure, but no correlation between imports and firm valuations. My research under no circumstances can imply causation, but it finds areas of correlation that can be used as a foundation for further research.
Recommended Citation
Mangum, Charles, "“It’s Gonna be Yuge”: The Impact of Chinese Imports on United States Manufacturing Firm Valuations" (2020). CMC Senior Theses. 2333.
https://scholarship.claremont.edu/cmc_theses/2333
