- 주제: The Cleanup of US Manufacturing through Pollution Offshoring
- Abstract: We study the role of offshoring in understanding long-run environmental impacts of trade liberalization and the cleanup of US manufacturing. Leveraging detailed establishment-level data and a change in US trade policy toward China in the early 2000s, we show that US establishments decrease toxic emissions in response to a reduction in trade policy uncertainty. Emission abatement is more pronounced for establishments that are more likely to engage in offshoring activities. We provide comprehensive evidence that supports the pollution offshoring hypothesis: US manufacturers, especially those that emit pollutants intensely, source from abroad and establish more subsidiaries in China following the event.