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has retained its initial overall market share, by slightly upgrading the quality and technology content of its exports … nations. Finally, we analyse the determinants of unit values of Latin American and Asian exports. Econometric tests confirm … that the type of global competition differs between the two regions: prices play a bigger role in the case of Asian exports …
Persistent link: https://www.econbiz.de/10004981170
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Recent trade models with heterogenous firms have considerable consequences on the interpretation of gravity equations. Chaney (2008) shows that the effect of distance on trade margins incorporates three parameters: the elasticity of substitution between goods, the elasticity of trade costs with...
Persistent link: https://www.econbiz.de/10005243469
We consider the impact of low-wage countries’ competition on the quality content of high-wage countries’ exports. We … develop a new method that uses firm-level data to measure quality changes in sectoral exports. Over 1995-2005, we measure a 11 …% increase in the mean quality of France’s aggregate exports. Quality upgrading is driven by a reallocation of demand in favor of …
Persistent link: https://www.econbiz.de/10009493811
GeoDist makes available the exhaustive set of gravity variables used in Mayer and Zignago (2005). GeoDist provides several geographical variables, in particular bilateral distances measured using citylevel data to assess the geographic distribution of population inside each nation. We have...
Persistent link: https://www.econbiz.de/10009644848
how the margins of French exports react to unilateral trade liberalization of Asian countries, with particular attention … countries. Our findings suggest that French firms expanded the range of their exported products and the volume of exports to …
Persistent link: https://www.econbiz.de/10009358503
This paper uses micro-data on balance sheets, trade, and the nationality of ownership of firms in France to investigate the effect of foreign multinationals on business cycle comovement. We first show that foreign affiliates, which represent a tiny fraction of all firms, are responsible for a...
Persistent link: https://www.econbiz.de/10010604034
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 proposes studying export frequency as an additional margin of international trade. While extensive margins of products and destination define the scope of firm’s export, export shipment frequency is determined by sale method choice and cost structure of the trade technology. We...
Persistent link: https://www.econbiz.de/10010604045