Estimating the effect of trade on capital flows is difficult given the inherent identification problem. We use fluctuations in rainfall to capture the exogenous variation in trade between Germany, France, the U.K., and the Ottoman Empire during 1859-1913. The provisionistic policy of the Ottoman...

This paper investigates the effects of ethnic violence on export-oriented firms and their workers. Following the disputed 2007 Kenyan presidential election, export volumes of flower firms affected by the ensuing violence dropped by 38 percent and worker absence exceeded 50 percent. Large firms...

This paper argues that, under certain conditions, firms consider export activity as a substitute of serving domestic demand. Our econometric model for six euro area countries suggests domestic demand pressure and capacity constraint restrictions as additional variables of a properly specified...

Existing South African work on firm-level data has been limited by access to large datasets that track firms over time. This paper overcomes this by analysing a new dataset of the population of manufacturing firms that are matched to their export transactions. South African firm-level exporting...

This article aims to identify patterns in the trade of selected European Union countries over the recent period. 20 countries are under scrutiny, 10 old member states of the EU and 10 new member states. The main goal is to find evidence with regard to whether and to what extent the trade channel...

We conduct a randomized control trial that generates exogenous variation in the access to foreign markets for rug producers in Egypt. Combined with detailed survey data, we causally identify the impact of exporting on firm performance. Treatment firms report 15-25 percent higher profits and...

The adoption by Romania of the commercial policy of UE on multilateral, inter- regional, regional and bilateral plan concerning the relation with third extra- communitarian countries inevitably brings important changes in the extern commercial policy of our country. The aim of the article is to...

Now humanity is going through hard times, hard times caused by this pandemic, which has strayed over the world namely, the current global crisis. It began as a US subprime crisis in the United State, it was then transformed into a banking crisis, followed by the debt crisis, sovereign credit...

In this scooping paper on the Tunisian economy we review the historical background of the economy which has undergone substantial structural change since independence in 1956. In particular we emphasize that past record of consistent growth has often masked inequality, regional disparities and...

Traditionally, exports behavior is modeled only as a function of the foreign demand and the real exchange rate. However, it is by now widely acknowledged that these variables are not able to fully explain exports developments. This paper suggests considering domestic demand pressure as an...