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The exceptional export performance of foreign-owned firms is a well-established stylized fact, but the underlying … rich micro data from Spain that exploits the global financial crisis as an exogenous shock to credit supply. We find that …
Persistent link: https://www.econbiz.de/10013251264
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries’ imports from China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...
Persistent link: https://www.econbiz.de/10013224091
This paper analyses the relationship between international trade and financial development in six EU members from Central and Eastern Europe (CEEC-6) using dynamic panel data approaches, specifically the system Generalized Method of Moments (GMM) and pooled mean group (PMG) estimators. The...
Persistent link: https://www.econbiz.de/10013315285
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10014080051
The transition into non-traditional export activities attracts important policy and academic attention. Using … international trade data, we explore how alternative linkages relate to the take-off and acceleration of export industries … labor. Technology has a predictive power depending on the specification used. We consistently find, however, that export …
Persistent link: https://www.econbiz.de/10012892161
Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of firm-to-firm matching...
Persistent link: https://www.econbiz.de/10013306035
information on the export and import value by firm, country, product and year for the period 2011-2019. Problems arising from the …
Persistent link: https://www.econbiz.de/10014347018
networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …. Moreover, we show that global production linkages have a clear role in magnifying the effect of the production shock. Finally …
Persistent link: https://www.econbiz.de/10012837986
sustainability of China's investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant … necessitated export subsidies to clear markets. The overinvestment boom is argued to have ended around 2014. Since then, the …
Persistent link: https://www.econbiz.de/10012866404
of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay … productivity differentials: in equilibrium, firms that employ workers with comparatively scarcer skills, other things equal, export …
Persistent link: https://www.econbiz.de/10012861386