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Balassa Index (Balassa 1965) is widely used in the literature to measure country-sector Revealed Comparative Advantage (RCA). However, being computed on observed trade flows, it mixes up all the factors influencing trade flows. In particular, Balassa Index cannot isolate exporter-sector (ex...
Persistent link: https://www.econbiz.de/10010827781
An Indirect Exporter is defined as a firm that sells its product to a trade intermediary in its own country, who then goes on to export the good. Despite the numerous appearances of these firms in recent theoretical models, there has been no empirical work comparing these firms to Domestic firms...
Persistent link: https://www.econbiz.de/10008676061
This paper studies the effect of oil prices on the geography of international trade. We model transport costs as a function of variable and fixed costs. By affecting the first cost component, oil prices can then modify the structure of transportation costs across partners. This, we argue, acts...
Persistent link: https://www.econbiz.de/10008493423
techniques on a panel of Danish apparel firms from 1997 to 2010 in order to analyze how firms responded to China's entry to the …. An important qualification is that the quality of exports from the source country is a key determinant in both the uptake … of offshoring and resultant decisions regarding quality. Finally, import competition appears to spur entry of higher …
Persistent link: https://www.econbiz.de/10010902176
higher minimum wages fostered aggregate productivity growth thanks to productivity improvements of incumbent firms and net … entry of more productive ones. Hence, in a fast-growing economy like China, there is a cleansing effect of labor market … standards. Minimum wage growth allows more productive firms to replace the least productive ones and forces incumbent firms to …
Persistent link: https://www.econbiz.de/10010902178
. Considering the relationship between firm markups and exports, we find evidence that markups are higher for exporters, what …
Persistent link: https://www.econbiz.de/10010902181
exports away from destinations characterized by higher, relative RER volatility, and are even more prone to do so when the … handle exchange rate risks, with significant implications for exports at the macro level: a very simple empirical exercise … shows that aggregate exports would have been 6.6% larger if all firms had been able to reallocate exports across …
Persistent link: https://www.econbiz.de/10011213746
This work investigates the motivations behind the Chinese fiscal policy on exports. It relies on very detailed product … terms of trade. Our results suggest that the Chinese fiscal policy targeting exports follows a variety of objectives whose …
Persistent link: https://www.econbiz.de/10011265480
Persistent link: https://www.econbiz.de/10005243437
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