Showing 1 - 10 of 207
This paper develops a theory of international trade in which financial development and factor endowments jointly determine comparative advantage. We apply the financial contract model of Holmstrom and Tirole (1998) to the Heckscher-Ohlin-Samuelson (HOS) model in which firms'' dependence on...
Persistent link: https://www.econbiz.de/10014400079
comparative advantage. The results show that firms are more likely to export if they belong to the comparative advantage industry …
Persistent link: https://www.econbiz.de/10014400812
applies the gravity model to gauge whether this ""outsider"" status has been affecting Russia''s export structure. On the … various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia''s further …
Persistent link: https://www.econbiz.de/10014404162
generate substantial gains, on average an increase of exports by 80 percentage points over ten years. The export gains are … slight import diversion, but not export diversion …
Persistent link: https://www.econbiz.de/10011711499
diversification of the export sector. The latter, in turn, has been influenced by capital accumulation and economic growth. The growth … export expansion and its interaction with saving and investment …
Persistent link: https://www.econbiz.de/10014398124
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/10011434921
This paper presents new estimates of export and import equations for Argentina, using a broader set of variables than …
Persistent link: https://www.econbiz.de/10014401657
We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies … changes in these countries' sectoral export shares during 1970-2010. We build a multisector Ricardian trade model which allows … for changes in product quality, and calibrate it to generate predictions about export volumes. Unlike previous literature …
Persistent link: https://www.econbiz.de/10012154895
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the...
Persistent link: https://www.econbiz.de/10011978438
Structural transformation depends not only on how much countries export but also on what they export and with whom they … complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the …
Persistent link: https://www.econbiz.de/10011374731