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Using transaction data for the U.S., this paper presents a series of stylized facts on exporters in services industries. We find that most of the basic facts on manufacturing exporters extend to the services sectors with three important differences. First, the participation rate of services...
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This paper finds that U.S. consumer prices fell substantially due to increased trade with China. With comprehensive price micro-data and two complementary identification strategies, we estimate that a 1pp increase in import penetration from China causes a 1.91% decline in consumer prices. This...
Persistent link: https://www.econbiz.de/10012182390
the Bank of Canada, the The Organisation for Economic Co-operation and Development (OECD), and the survey collected by … Canada dramatically improves its predictive accuracy, mainly because of the absence of timely production data for Canada …. Moreover, Statistics Canada produces a monthly real GDP measure along with the quarterly one, and we show how to modify the …
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