Showing 1 - 7 of 7
during the 2008 world food price crisis. Those changes--reductions in import protection or increases in export restraints …
Persistent link: https://www.econbiz.de/10012459131
When food prices spike in countries with large numbers of poor people, hunger and malnutrition are very likely to result in the absence of public intervention. For governments, this is also a case of political survival. Government actions often take the form of direct interventions in the market...
Persistent link: https://www.econbiz.de/10012459727
The purpose of this paper is to theoretically assess, from a welfare perspective, the desirability of uniform import tariffs. Since the eruption of the debt crisis, many proposals for structural reforms in the developing countries have contemplated a trade liberalization process that would...
Persistent link: https://www.econbiz.de/10012475686
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...
Persistent link: https://www.econbiz.de/10012480847
two time series to serve as indicators of broader changes rather than considering the export sector as a whole. Here we … present new comprehensive export measures for the middle colonies. We find that aggregate exports in constant prices grew very … trade increased the colonists' ability to buy imports over time, especially after 1740. Although the export sector performed …
Persistent link: https://www.econbiz.de/10012464314
that changes in various extensive margins (new markets, new goods) account for over 30 percent of export growth over this …-level characteristics interacting with destination-specific characteristics. We confirm that export growth for "new" products was stronger …
Persistent link: https://www.econbiz.de/10012455200
Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
Persistent link: https://www.econbiz.de/10012459290