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We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003887183
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity equations, trade is more sensitive to trade costs if the...
Persistent link: https://www.econbiz.de/10003956003
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10011514094
. Firms import intermediate inputs from home or foreign suppliers, but with higher costs in the latter case. Due to fixed … the model with newly-compiled monthly aggregate U.S. import data and industrial production data going back to 1962, and …
Persistent link: https://www.econbiz.de/10010358978
Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...
Persistent link: https://www.econbiz.de/10010391833
increased import exposure has led to an increase in the probability of German plants leaving industry-wide bargaining agreements …
Persistent link: https://www.econbiz.de/10012033340
measure to evaluate processing frictions is the time it takes to import. In this paper we translate import processing times to … buffer processing shocks. Based on this theory, we employ detailed data on import processing dates, instrumental variables …, and firm-product-origin level import data to estimate import processing costs. Evaluated at the median, import processing …
Persistent link: https://www.econbiz.de/10012597016
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
Persistent link: https://www.econbiz.de/10003712504
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10003763178