Working Paper
Import Source Reallocation and Aggregate Price Dynamics in the United States
Leibovici, Fernando; Chinagorom-Abiakalam, Dawn (2025-08-15)
This paper studies the impact of changes in the composition of U.S. import sources on aggregate import prices and their implications for consumer prices. We decompose import price changes into within-source price adjustments and changes in sourcing composition. Using bilateral import data, we find that sourcing from lower-cost suppliers, particularly China, put sustained downward pressure on aggregate import prices until the mid-2010s. Since then, shifts away from China have partially reversed this effect, raising both import and consumer prices. We also find sourcing reallocation responds ...
Working Papers , Paper 2025-018

Convergence or Divergence? A Look at GDP Growth across Richer and Poorer Countries
Ravikumar, B.; Chinagorom-Abiakalam, Dawn; Smaldone, Amy (2024-08-19)
An analysis suggests the divergence in GDP growth per capita among richer and poorer countries has reversed since 2000, implying the latter are now catching up.
On the Economy

Who Trades More with China than with the U.S.?
Ravikumar, B.; Chinagorom-Abiakalam, Dawn (2025-06-02)
In 2002, many countries around the world traded more with the U.S. than they did with China. An analysis shows this tally had reversed by 2022.
On the Economy

A Look at U.S. Services Export Trends
Ravikumar, B.; Chinagorom-Abiakalam, Dawn (2025-12-22)
An analysis traces the growth of U.S. net exports in the services sector since 1960 and identifies the country’s top services export categories by value.
On the Economy

How Changes in Trade Partners Have Affected U.S. Import Prices
Leibovici, Fernando; Chinagorom-Abiakalam, Dawn (2025-08-21)
Expansion of sourcing from China in the 2000s helped contain U.S. import price growth. More recent shifts away from China have begun reversing that effect.
On the Economy

Nontariff Trade Barriers in the U.S. and EU
Leibovici, Fernando; Chinagorom-Abiakalam, Dawn (2025-04-10)
An analysis examines the prevalence and types of nontariff measures that affect trade, such as technical and safety regulations, in the U.S. and EU.
On the Economy

U.S. Import Price Dynamics Following the 2025 Tariffs
Leibovici, Fernando; Chinagorom-Abiakalam, Dawn (2026-02-26)
This analysis examines how 2025 tariffs affected U.S. import prices because of price changes by existing foreign suppliers and the shift to alternative suppliers in nations with higher price growth.
On the Economy

How Cheap Are U.S. Imports from China?
Leibovici, Fernando; Chinagorom-Abiakalam, Dawn (2024-09-19)
An analysis examines China’s price advantage in U.S. import markets relative to other countries and its role as the cheapest source for many products.
On the Economy