Showing 1 - 10 of 235
information spillovers across markets on the export patterns of four developing countries (Egypt, Korea, Malaysia and Tunisia). A …
Persistent link: https://www.econbiz.de/10005497848
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10011083260
This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...
Persistent link: https://www.econbiz.de/10011213311
negotiations as potentially addressing the terms-of-trade externality problem that governments implement import protection above … disputes over 1995-2009. Our evidence is consistent with theoretical predictions that larger import volume outcomes are …) as a result of the dispute, larger pre-dispute import volumes, larger import demand elasticities, and smaller foreign …
Persistent link: https://www.econbiz.de/10011272711
The impact of protection on economic growth is one of the traditional issues in economic history, which has enjoyed a revival in recent times, with the publication of a number of comparative quantitative papers. They all share a common weakness: they measure protection with the ratio of custom...
Persistent link: https://www.econbiz.de/10011249381
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
unusually rich data on export quality, financial development, and financial vulnerability, covering all manufacturing industries …
Persistent link: https://www.econbiz.de/10011266532
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604
We evaluate the impact of the export promotion program delivered by the Canadian Trade Commissioner Service on various … dimensions of export performance. Over the 1999-2006 time period we study, Canadian firms successfully diversified their exports …, increasing the number of export destinations or number of products exported, are smaller and more sensitive to the identification …
Persistent link: https://www.econbiz.de/10009320397
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400