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exporters of capital goods to the rest of the world. We develop a model of trade in capital goods to assess its role spreading …
Persistent link: https://www.econbiz.de/10012470659
This paper explores the relationship between exchange rate pass-through and market share for monopolistically competitive exporters. Under fairly general assumptions we show that pass-through should be high for exporters based in a country with a very large share of total destination market...
Persistent link: https://www.econbiz.de/10012474552
The actual value added tax systems used in many countries differ significantly from the completely general VAT that has been the focus of most economic analyses. In practice, VAT systems exempt broad classes of consumer goods and services. This has important implications for the effect of the...
Persistent link: https://www.econbiz.de/10012475878
theory highlights the following points: 1) a currency's role as a unit of account for invoicing decisions is complementary to …, thereby bestowing an "exorbitant privilege" on the dominant currency. The theory thus provides a unified explanation for why a …
Persistent link: https://www.econbiz.de/10012453230
interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends … as a result of judicial learning; thus according to our theory such trends represent good news, not bad news. We then …
Persistent link: https://www.econbiz.de/10012453937
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
tariff, which comprise one-quarter of the countries in the world …
Persistent link: https://www.econbiz.de/10012456903
We analyze theoretically and empirically the impact of comparative advantage in international trade on fertility. We build a model in which industries differ in the extent to which they use female relative to male labor, and countries are characterized by Ricardian comparative advantage in...
Persistent link: https://www.econbiz.de/10012456992
disaggregated decomposition results among 40 trading nations in 35 sectors from 1995 to 2011 based on the World Input …
Persistent link: https://www.econbiz.de/10012458986
This paper analyzes the financing terms that support international trade and sheds light on how and why these arrangements affect trade. Using detailed transaction level data from a U.S. based exporter of frozen and refrigerated food products, primarily poultry, it begins by describing broad...
Persistent link: https://www.econbiz.de/10012461566