Showing 1 - 10 of 463
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10011781959
The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its "Global Britain" strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan, Korea,...
Persistent link: https://www.econbiz.de/10012619413
consumer taste using a control function approach and perform a decomposition of export revenues of firm-products to establish … the importance of representative consumer taste relative to quality and marginal cost in export success. We find …, consumer taste is an important and separate demand determinant to explain export revenues. Depending on the product, taste for …
Persistent link: https://www.econbiz.de/10013494393
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. 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...
Persistent link: https://www.econbiz.de/10011384454
In this paper we revisit the evidence on the effects of time spent on border-crossing procedures for international trade using a theory-consistent structural gravity model. We exploit a rich panel data set including domestic trade flows and employ a recent econometric estimator that exhibits...
Persistent link: https://www.econbiz.de/10011952072
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011955762
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)? And how does this affect the estimation and quantitative implications of the Melitz (2003)...
Persistent link: https://www.econbiz.de/10011983639
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/10014306801
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013183698
at self-sufficiency can harm export performance by disrupting supply chains. The study highlights the vulnerabilities of …
Persistent link: https://www.econbiz.de/10015404476