Showing 1 - 10 of 588
A large literature has documented an association between economic growth and export diversification. We study this … question in France between 1836 and 1938. The period witnessed the onset of modern economic growth and sharp changes in the … disaggregation. At the dawn of the first Globalization, France appears to have specialized along Ricardian lines, exporting a handful …
Persistent link: https://www.econbiz.de/10012456894
Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of firm-to-firm matching that...
Persistent link: https://www.econbiz.de/10012814460
Large firms play a pivotal role in international trade, shaping the export patterns of countries. We propose and …-data with information on firm domestic and export sales across manufacturing industries. We find that granularity accounts for … about 20% of the variation in realized export intensity across sectors, and is more pronounced in the most export …
Persistent link: https://www.econbiz.de/10012452914
We map United States comparative advantage between 1980 and 1995, by trading partner and region, using Balassa's export …
Persistent link: https://www.econbiz.de/10012471577
The Ricardian model predicts that countries should produce and export relatively more in industries in which they are …
Persistent link: https://www.econbiz.de/10012462394
Though one of the pillars of the theory of international trade, the extreme predictions of the Ricardian model have made it unsuitable for empirical purposes. A seminal contribution of Eaton and Kortum (2002) is to demonstrate that random productivity shocks are sufficient to make the Ricardian...
Persistent link: https://www.econbiz.de/10012464955
The increasing returns revolution in trade is incomplete in an important respect there exists no compelling empirical demonstration of the role of increasing returns in determining production and trade structure. One reason is that trade patterns of the canonical increasing returns models are a...
Persistent link: https://www.econbiz.de/10012472026
This paper highlights a tradeoff implied by a policy of export-led growth through currency undervaluation. While …
Persistent link: https://www.econbiz.de/10012814474
We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities … participation; (3) average sales in France rise very systematically with selling to less popular markets and to more markets. We … adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the …
Persistent link: https://www.econbiz.de/10012464037
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