SMU SOE Seminar Series (March 5, 2024, 10am-11.30am): The Costs and Benefits of Buying American

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ABSTRACT This paper investigates the welfare implications of the domestic content restriction stipulated in government purchase programs (such as the Buy American Act). On the one hand, the restriction directs more government demand towards domestic producers, encouraging local employment. On the other hand, it raises trade barriers in government procurement, hampering the efficiency of global sourcing. Employing administrative data on the U.S. federal procurement of goods and services, we are implementing a quasi-experimental design to rigorously estimate the causal impacts of government purchases on local labor market outcomes. Building on these estimates, we will introduce a general equilibrium spatial model to quantify the welfare consequences for different types of workers across regions in the U.S. Click here to view the CV.
		PRESENTER Bingjing Li University of Hong Kong
		RESEARCH FIELDS International Trade Labor Economics Applied Microeconomics
		DATE: 5 March 2024 (Tuesday)
		TIME: 10am - 11.30am
		VENUE: Meeting Room 5.1, Level 5 School of Economics Singapore Management University 90 Stamford Road Singapore 178903