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Using confidential firm-level data from the United States in 2002, we show that exporting firms charge prices for narrowly defined goods that differ substantially with the characteristics of firms and export markets. We control for selection into export markets using a three-stage estimator. We...
Persistent link: https://www.econbiz.de/10009403421
This paper quantifies the gains from openness arising from trade and multinational production (MP). We present a model that captures key dimensions of the interaction between these two flows: Trade and MP are competing ways to serve a foreign market; MP relies on imports of intermediate goods...
Persistent link: https://www.econbiz.de/10008601680
A major role for per-capita income in international trade, as opposed to simply country size, was persuasively advanced by Linder (1961). Yet this crucial element of Linder's story was abandon by most later trade economists in favor of the analytically-tractable but counter-empirical assumption...
Persistent link: https://www.econbiz.de/10008635940
The implications of national security related procedures for trade flows at border points in OECD countries has become a major topic of commentary in popular press. We discuss whether the economic costs of border delays are represented solely by time spent in awaiting processing. This has been...
Persistent link: https://www.econbiz.de/10005050016
Casual empiricism suggests that additive trade costs, such as quotas, per-unit tariffs, and, in part, transportation costs, are prevalent. In spite of this, we have no broad and systematic evidence of the magnitude of these costs. We develop a new empirical framework for estimating additive...
Persistent link: https://www.econbiz.de/10010678466
's trade surplus by over 50%, and additionally increase Chinese and world welfare. The rest of the world's production and …
Persistent link: https://www.econbiz.de/10008788766
numbers, labor productivity, and employment. We are able to link this data with a World Bank dataset on antidumping actions by …
Persistent link: https://www.econbiz.de/10008682645
markets during all states of the world and "contagion" as the spillovers from extreme negative events. Interdependence has …
Persistent link: https://www.econbiz.de/10010950725
motley assortment of regional trade agreements is not the best way to organise world trade. Moving to global duty-free trade … and uses it to structure a narrative of world trade liberalisation since 1947. The logic is then used to project the world …
Persistent link: https://www.econbiz.de/10005084682
Can part of Africa's current underdevelopment be explained by its slave trades? To explore this question, I use data from shipping records and historical documents reporting slave ethnicities to construct estimates of the number of slaves exported from each country during Africa's slave trades....
Persistent link: https://www.econbiz.de/10005084798