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fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real … depreciation and with quality, leading to more pricing-to-market and to a smaller response of export volumes to a real depreciation … for higher quality goods. We test the proposed theory using a highly disaggregated Argentinean firm-level wine export …
Persistent link: https://www.econbiz.de/10010790394
Italy’s export market share. Overall, Italy maintains a high-quality export mix, and the adaptability of small … sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
Persistent link: https://www.econbiz.de/10011142167
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al …. We argue that in the purchase of services, buyers face uncertainty about product quality, especially when production is …
Persistent link: https://www.econbiz.de/10008777034
income countries and states have high demand for low quality products which can be produced efficiently in small plants. I … respect to quality on the consumer side. On the producer side, high quality production has higher marginal costs and requires … higher fixed costs. These two features imply that high quality producers are larger on average and charge higher prices. The …
Persistent link: https://www.econbiz.de/10011106152
GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward … Europe and emerging markets presents further downside risks for exports. The Maghreb countries are particularly sensitive to …
Persistent link: https://www.econbiz.de/10011142158
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …
Persistent link: https://www.econbiz.de/10010959463
This 2014 Cluster Consultation report examines common themes and challenges facing the three Baltic countries—Estonia, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and joint—that could help to address these...
Persistent link: https://www.econbiz.de/10011244182
This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving...
Persistent link: https://www.econbiz.de/10011244222
Persistent link: https://www.econbiz.de/10011244227