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Persistent link: https://www.econbiz.de/10005758883
, (ii) increase with the inverse of the sum of the import demand and export supply elasticities, and (iii) decrease with the … increase in import growth, the inverse of the sum of the import demand and export supply elasticity, and the standard deviation …
Persistent link: https://www.econbiz.de/10010633557
International relative prices across industrialized countries show large and systematic deviations from relative purchasing power parity. We embed a model of imperfect competition and variable markups in a quantitative model of international trade. We find that when our model is parameterized to...
Persistent link: https://www.econbiz.de/10005820943
This paper studies the second-moment properties of offshoring, the arrangement whereby firms carry out particular stages of production abroad. It documents a new empirical regularity: maquiladora industries in Mexico that are associated with US offshoring experience fluctuations in employment...
Persistent link: https://www.econbiz.de/10008574568