Showing 1 - 10 of 1,947
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10012926563
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...
Persistent link: https://www.econbiz.de/10012753160
consider a unique data set of exports from individual U.S. states to foreign countries and combine it with trade flows within …
Persistent link: https://www.econbiz.de/10013095339
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...
Persistent link: https://www.econbiz.de/10013156494
ascertain that today's trade issues in Northeast Asia go beyond the traditional mechanisms of tariffs, and include "behind … concludes that when tariffs tend to become low in Northeast Asia, the economies in this region could potentially benefit …
Persistent link: https://www.econbiz.de/10013317394
This paper studies the performance of China's exports during the 2008—2009 financial crisis. It focuses on the speed at … which China's exports were hit by this downturn. Product-country monthly exports data is utilized. It is found that GDP … growth rates of importing countries play an important role in explaining how fast exports fall below the values of the same …
Persistent link: https://www.econbiz.de/10013120072
. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is … large: up to nine percentage points difference in trade performance can be explained by the quality composition of exports …
Persistent link: https://www.econbiz.de/10013010482
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … quantification based on countries' observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …
Persistent link: https://www.econbiz.de/10013083872
This paper provides a direct test of how fixed export costs and productivity jointly determine firm-level export behavior. Using Chilean data, we construct indices of fixed export costs for each industry-region-year triplet and match them to domestic firms. Our empirical results show that firms...
Persistent link: https://www.econbiz.de/10013055421
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10012996338