Showing 1 - 10 of 387
In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure … reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However …, firms' investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute …
Persistent link: https://www.econbiz.de/10012831604
employment towards provinces that experience large productivity gains from trade. The positive impact highlights the need for …
Persistent link: https://www.econbiz.de/10012864110
In this paper a general equilibrium intertemporal model with optimizing consumers and producers is developed to analyze how the imposition of a temporary import tariff affects the path of real exchange rates and the current account. The model is completely real, and considers a small open...
Persistent link: https://www.econbiz.de/10012781081
Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for … the important role of small and medium-sized enterprises (SMEs) in explaining Japan's modest productivity growth. Results … show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector …
Persistent link: https://www.econbiz.de/10012865835
There is an ongoing debate in the literature on whether global trade flows have become disconnected from the large real effective exchange rate movements in the wake of the global financial crisis. The question has important policy implications for the role of exchange rates in supporting growth...
Persistent link: https://www.econbiz.de/10012865830
have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC … participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and …
Persistent link: https://www.econbiz.de/10012827584
A recent World Bank enterprise survey identified access to finance as the top constraint to Doing Business in Nigeria. In this context, the objective of this paper is two-fold: (i) study firm characteristics associated with more access to finance and export diversification; and (ii) quantify the...
Persistent link: https://www.econbiz.de/10012831603
trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by … documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence … several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some …
Persistent link: https://www.econbiz.de/10012858385
We demonstrate that durable MFN tariff elimination affects trade patterns through severallayers, which generates non-linear impacts. First, complete tariff elimination results in a largeadditional trade gains over and above tariff reductions. Second, commitment to durable tariffelimination,...
Persistent link: https://www.econbiz.de/10012913924
-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …
Persistent link: https://www.econbiz.de/10014262982