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We analyze the integration of Brazilian states into domestic and foreign markets from the point of view of their supply conditions. The study period takes in the country’s fast liberalization process with its two sub-periods (1991 and 1997-99). We estimate the states’ domestic and foreign...
Persistent link: https://www.econbiz.de/10011074491
Is the impact of financial development on international trade heterogeneous – being positive, negative or null – across manufacturing sectors? And is it dependent on the level of sectoral requirement on external finance for capital need? To examine these questions this article uses a panel...
Persistent link: https://www.econbiz.de/10010779374
to exporters. Indeed, China’s VAT system is not neutral, in particular because the exporters may not receive complete … performance in China. Our empirical analysis relies on export volume data at the HS6 product level over the 2003-12 period. To … understand the strong resistance of China’s exports amid the global recession. …
Persistent link: https://www.econbiz.de/10010812470
Compared to most countries, China’s value-added tax (VAT) system is not neutral and makes it less advantageous to … been led China to be accused of providing its firms with an unfair advantage in global trade. We use city-specific export …
Persistent link: https://www.econbiz.de/10011122210
Vertical intra-industry trade accounts for a large share of trade between countries characterized by similar factor endowments. Moreover, it is observed even at a very disaggregated level of statistical classifications, suggesting that the traded products have similar factor intensities. This...
Persistent link: https://www.econbiz.de/10010861512
The consequences on international trade of country breaks-up have received an increasing attention. This paper investigates the effect of independence on bilateral trade of former French colonies with a focus on Sub-Saharan Africa. Thanks to an original dataset including data on pre-independence...
Persistent link: https://www.econbiz.de/10010861600
Taking seriously the stylized fact that some countries are more risk averse than others regarding business activities, we examine the consequences on international trade and welfare. When risk is idiosyncratic to each manager's project, international differences in manager's risk-aversion...
Persistent link: https://www.econbiz.de/10010707059
Using bilateral trade flow data from 1979 to 1999, we estimate trade integration between Chile and its principal trading partners during the period (European Union, United States and Latin America). Our estimates are based on a gravity speci cation, theoretically grounded on a monopolistic...
Persistent link: https://www.econbiz.de/10010707153
This paper develops an intra-industry model of trade with heterogeneous firms to investigate the impact of trade on the evolution of within firm productivity. The main contribution is to incorporate endogenous labor productivity gains. Heterogeneous firms have different incentives to invest in...
Persistent link: https://www.econbiz.de/10010707509
This paper studies the impact of trade reforms on the evolution of plant's productivity in Chile (1979-2000). The main contribution of the paper is to construct detailed measures of trade liberalization disentangling the impact of export and import oriented policies. We find evidence of a...
Persistent link: https://www.econbiz.de/10010707702