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model. By using direct measures of quality, we can recover estimates of parameters from a Melitz-based model of … heterogeneous firms. We then regress averages of the quality, price, and quantity shipped to a country on measures of its … attractiveness and entry costs. Champagne exhibits quality-sorting: more attractive markets tend to have lower average qualities and …
Persistent link: https://www.econbiz.de/10008493420
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Recent findings in international trade using detailed firm level surveys emphasize the microeconomic effects of trade liberalization episodes. A unilateral trade reform has two opposite effects on firms’ export patterns: (i) expansion of export opportunities for foreign firms exporting to that...
Persistent link: https://www.econbiz.de/10009358503
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existing similar datasets in terms of geographical coverage, quality of measurement and number of variables provided. …
Persistent link: https://www.econbiz.de/10009644848
This paper analyses the trade effects of restrictive product standards on the margins of trade for a large panel of French firms. To focus on restrictive product standards only, we use a new database compiling the list of measures that have been raised as concerns in dedicated committees of the...
Persistent link: https://www.econbiz.de/10010617531
Competitiveness has come to the forefront of the policy debate within the European Union, focusing on price competitiveness and intra-EU imbalances. But how to measure competitiveness properly, beyond price or cost competitiveness, remains an open methodological issue; and how can we explain the...
Persistent link: https://www.econbiz.de/10010604036
This paper studies the implications of Preferential Trade Agreements (PTAs) proliferation. Using counterfactual estimation, we disentangle the treatment effect of one PTA on members’ trade and real income, from the externalities created by concurrent trade policy changes. Results, focusing on...
Persistent link: https://www.econbiz.de/10010610330
This paper questions whether the overseas expansion of a country’s retailers fosters overall bilateral exports towards these host markets. To address this question, we consider an empirical trade model, where the foreign sales of multinational retailers reduce the fixed and variable trade...
Persistent link: https://www.econbiz.de/10010827754
Influential empirical work by Rauch and Trindade (REStat, 2002) finds that Chinese ethnic networks of the magnitude observed in Southeast Asia increase bilateral trade by at least 60%. We argue that this estimate is upward biased due to omitted variable bias. Moreover, it is partly related to a...
Persistent link: https://www.econbiz.de/10008493419