Showing 1 - 10 of 106
The rise of artificial intelligence (AI) and of cross-border restrictions on data flows has created a host of new questions and related policy dilemmas. This paper addresses two questions: How is digital service trade shaped by (1) AI algorithms and (2) by the interplay between AI algorithms and...
Persistent link: https://www.econbiz.de/10014437056
The resurgence of subsidies and industrial policies has raised concerns about their potential inefficiency and … retaliatory measures from other countries, leading to a wasteful "subsidy race." However, subsidies for sectors with inherent … industry's growth, with subsidies being the primary form of support. They also highlight the importance of cross …
Persistent link: https://www.econbiz.de/10014635614
Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the … fluctuation of the growth rate of trade balance is derived. These are the novel features of our model. The export price equation … and export volume equation are estimated for several Asian countries for the sample period of 1981 to 1996. Results are …
Persistent link: https://www.econbiz.de/10012471508
rest of world. Most countries export products that complement the US and substitute China, and a subset operate along … downward-sloping supplies. Heterogeneity in responses, rather than specialization, drives export variation across countries …
Persistent link: https://www.econbiz.de/10012794590
U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977 … affiliate activities in almost all cases. The most export-oriented were subsidiaries in machinery industries in Southeast Asia …, however, and high rates of affiliate export growth were associated with rapid growth of host country GDP and exports …
Persistent link: https://www.econbiz.de/10012478068
Using new data on currency invoicing for Belgian firms, we analyze how firms make their currency choice, for both exports and imports, and the implications of this choice for exchange rate pass-through into prices and quantities. We derive our estimating equations from a theoretical framework...
Persistent link: https://www.econbiz.de/10012482146
It has been suggested that countries which export in especially risky sectors will experience higher output volatility …. This paper develops a measure of the riskiness of a country's pattern of export specialization, and illustrates its … countries whose comparative advantage in the risky sectors is not too strong will diversify their export structure to insure …
Persistent link: https://www.econbiz.de/10012462648
with global fixed export costs and one with bilateral fixed export costs. With global costs, import sales per product …-office revenues per movie. The data thus appear to reject the bilateral-fixed-export-cost model in favor of the global-fixed-export …
Persistent link: https://www.econbiz.de/10012464186
We investigate and compare countries' export growth based on their performance at the extensive and intensive export … export markets but shortly exit when it learns its per- period fixed costs. We apply this insight to disaggregated export … data and confirm that indeed most export relationships are very short lived. We then show that the survival issue is a …
Persistent link: https://www.econbiz.de/10012465011
This paper studies the link between volatility, labor market flexibility, and international trade. International differences in labor market regulations affect how firms can adjust to idiosyncratic shocks. These institutional differences interact with sector specific differences in volatility...
Persistent link: https://www.econbiz.de/10012465592