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Trade Flows, Multilateral Resistance, and Firm Heterogeneity

Behar, Alberto - 2013

We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...

Persistent link: https://www.econbiz.de/10013085999

Launching Export Accelerations in Latin America and the World

Cerra, Valerie - 2017

export takeoffs include domestic and structural indicators such as lower macroeconomic uncertainty, improved quality of … diversification also contribute to initiating export accelerations. The paper also finds heterogeneity, with somewhat different … on output, export surges tend to be associated with lower post-acceleration unemployment and income inequality …

Persistent link: https://www.econbiz.de/10012957850

Quality and the Great Trade Collapse

Chen, Natalie - 2016

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/10012996075

Global Value Chains and the Exchange Rate Elasticity of Exports

Ahmed Hannan, Swarnali - 2016

This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real...

Persistent link: https://www.econbiz.de/10012999740

How Do Banking Crises Affect Bilateral Exports?

Kiendrebeogo, Youssouf - 2013

This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports through supply-side and demand-side shocks. We then...

Persistent link: https://www.econbiz.de/10013079258

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

Aslam, Aqib - 2016

Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis...

Persistent link: https://www.econbiz.de/10012996084

Inward and Outward Spillovers in the SACU Area

Canales-Kriljenko, Jorge Iván - 2013

Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to...

Persistent link: https://www.econbiz.de/10013086315

Armington Elasticities in Intermediate Inputs Trade : A Problem in Using Multilateral Trade Data

Saito, Mika - 2006

This paper finds that the estimates of Armington elasticities (the elasticity of substitution between groups of products identified by country of origin) obtained from multilateral trade data can differ from those obtained from bilateral trade data. In particular, the former tends to be higher...

Persistent link: https://www.econbiz.de/10012783229

World Trade in Services : Evidence from a New Dataset

Loungani, Prakash - 2017

Using a newly constructed dataset on trade in services for 192 countries from 1970 to 2014, this paper shows that services currently constitute one-fourth of world trade and an increasingly important component of global production. A detailed analysis of patterns and stylized facts reveals that...

Persistent link: https://www.econbiz.de/10012956479

Assessing the Fragility of Global Trade : The Impact of Localized Supply Shocks Using Network Analysis

Korniyenko, Yevgeniya - 2017

Anecdotal evidence suggests the existence of specific choke points in the global trade network revealed especially after natural disasters (e.g. hard drive components and Thailand flooding, Japanese auto components post-Fukushima, etc.). Using a highly disaggregated international trade database...

Persistent link: https://www.econbiz.de/10012960577