Showing 1 - 10 of 56
Trade policy has well documented effects on trade volumes. Reaching beyond volumes, I explore the impact of European emerging economies' recent institutional trade liberalisation on extensive (i.e., the set of imported goods) versus intensive import margins (volumes per imported good) with...
Persistent link: https://www.econbiz.de/10011373505
Since the pioneering work of Krugman (1980) economists try to quantify the welfare gains from an increase in traded variety. The seminal work of Feenstra (1994) and its application to the U.S. of Broda and Weinstein (2006) allowed this quantification for the first time using highly disaggregated...
Persistent link: https://www.econbiz.de/10011373513
This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...
Persistent link: https://www.econbiz.de/10011374044
We investigate the effects of human capital accumulation on trade and productivity by integrating a micro-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical framework leads to two testable implications: i) the...
Persistent link: https://www.econbiz.de/10011374053
We analyse EMEs global competitiveness whereby we explicitly take account of non-price aspects of competitiveness building on the methodology developed in Feenstra (1994) and Broda and Weinstein (2006) and the extension provided in Benkovskis and Wörz (2012). We construct an export price index...
Persistent link: https://www.econbiz.de/10011347742
This paper shows both theoretically and empirically how raw material rich countries use export restrictions upstream to give manufacturing sectors downstream a competitive advantage. For young and relatively small industries this can be seen as a type of infant industry protection that takes...
Persistent link: https://www.econbiz.de/10011772011
This paper evaluates the bias which may occur when trade elasticities are estimated using data on aggregate trade, instead of using data on bilateral trade. The exercise is done on the case of Macedonia. Elasticities obtained from aggregate-trade data, using the Autoregressive Distributed Lag...
Persistent link: https://www.econbiz.de/10011374319
This paper analyzes the impact of Chinese competition on developed countries export prices, with a focus on Italy. After a theoretical discussion of the channels affecting export prices in presence of competitors from low income countries, we estimate the pricing behavior of two major...
Persistent link: https://www.econbiz.de/10011374337
Theoretical literature states that intra-industry trade (IIT) should be divided into horizontal and vertical flows (or trade in products with homogeneous and heterogeneous quality) that are influenced by different factors. Yet, the economists are still not sure about the proportion between...
Persistent link: https://www.econbiz.de/10012061519
We provide the combination of the Asian automotive trade case study and the analysis of indicators that may potentially reflect product quality. We try to assess the relevance of different indicators (particularly, weighted unit value, number of export lines, market share, Grubel-Lloyd index and...
Persistent link: https://www.econbiz.de/10011824042