delta exporter wage premium in response to china shock in brazil
unit of analysis is the microregion (local labor market)
from Brazilian Statistical Agency (IBGE) economically integrated contiguous municipalities
with similar geographic/productive characteristics
instrumental variables approach
autor et. al 2016 and brummund and connolly 2019
instrument for brazil's trade with china (imports and exports)
using other countries' flows with china
underlying assumption
china shock due to changing internal conditions in china
dominance in certain trade markets/rising trade values common across countries
data from un comtrade
rais data for exporter wage premium
ratio of wages in exporting relative to domestic firms
regional capital market development
regional credit operations from brazilian central bank
firm patient capital recipiency
firm bndes contract
controls
employee firm industry regional characteristics