Narrow search
Showing 1 - 10 of 179
Cover Image
How Trade Credits Foster International Trade
Eck, Katharina; Engemann, Martina; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2012
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10011083260
Cover Image
Financial constraints and innovation: Why poor countries don't catch up
Gorodnichenko, Yuriy; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2010
level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial … constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … constraints strongly adversely affect the ability of domestically owned firms to innovate and to export and hence to catch up to …
Persistent link: https://www.econbiz.de/10008468676
Cover Image
An Anatomy of International Trade: Evidence from French Firms
Eaton, Jonathan; Kortum, Samuel S; Kramarz, Francis - C.E.P.R. Discussion Papers - 2009
adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the …
Persistent link: https://www.econbiz.de/10005124187
Cover Image
Terms of Trade Shocks and Domestic Prices under Tariffs and Quotas: A Note
Gatsios, Konstantine - C.E.P.R. Discussion Papers - 2000
trade is restricted by a tariff or an import quota. Within this framework, it is shown that, contrary to Anam (1989), under … an import quota domestic and world prices may vary in the same direction. This is due to the possible positive employment …
Persistent link: https://www.econbiz.de/10005666655
Cover Image
Voluntary Export Restraints: UK Restrictions on Imports of Leather Footwear from Eastern Europe
Brenton, Paul; Winters, L. Alan - C.E.P.R. Discussion Papers - 1988
voluntary export restraint on UK leather footwear imports from Comecon countries. Previous studies of NTBs have assumed that …
Persistent link: https://www.econbiz.de/10005792342
Cover Image
Mapping prices into productivity in multisector growth models
Ngai, Liwa Rachel; Samaniego, Roberto - C.E.P.R. Discussion Papers - 2009
composition of intermediate goods, and the distinction between the productivity indices for value added and for gross output. We …
Persistent link: https://www.econbiz.de/10005025514
Cover Image
The Exchange Rate and Inflation in the UK
Kara, Amit; Nelson, Edward - C.E.P.R. Discussion Papers - 2003
The United Kingdom is a highly open economy, and has a monetary policy strategy of targeting inflation in consumer prices. In this Paper, we look at the evidence from the UK on inflation behaviour, and examine the propositions from several theoretical models about inflation dynamics in an open...
Persistent link: https://www.econbiz.de/10005662158
Cover Image
Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s
Estevadeordal, Antoni; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2008
consistent with theory (about 1 percentage point per annum). Endogeneity problems are considered and other observations are …
Persistent link: https://www.econbiz.de/10005666812
Cover Image
Lobbying competition over trade policy
Gawande, Kishore; Krishna, Pravin; Olarreaga, Marcelo - C.E.P.R. Discussion Papers - 2009
Competition between opposing lobbies is an important factor in the endogenous determination of trade policy. This paper investigates empirically the consequences of lobbying competition between upstream and downstream producers for trade policy. The theoretical structure underlying the empirical...
Persistent link: https://www.econbiz.de/10004991547
Cover Image
Bilateral Oligopoly
Björnerstedt, Jonas; Stennek, Johan - C.E.P.R. Discussion Papers - 2001
In many intermediate goods markets buyers and sellers both have market power. Contracts are usually long-term and negotiated bilaterally, codifying many elements in addition to price. We model such bilateral oligopolies as a set of simultaneous Rubinstein-Ståhl bargainings between pairs of...
Persistent link: https://www.econbiz.de/10005789066