Showing 1 - 10 of 46
firm-level productivity paths differ between firms with varying degrees of exposure to international trade in India, the …
Persistent link: https://www.econbiz.de/10010270034
By analyzing a unique dataset from Germany's evaluation of COVID-19 antigen rapid tests, we show that Chinese firms can excel under today's global competition and produce tests at quality levels higher than China's income level would suggest. We find these achievements are positively associated...
Persistent link: https://www.econbiz.de/10014438394
biased technical progress rather than by increasing international trade with low wage countries. However, in linking prices … for final goods with prices of primary factors, most empirical studies have only dealt with international trade in final …
Persistent link: https://www.econbiz.de/10010260524
We develop a theoretical model of international trade pricing in which individual exporters and importers bargain over … correlation between invoicing currency and the size of trade transactions. …
Persistent link: https://www.econbiz.de/10010294944
Financial globalization has led to a large increase in international asset holdings. While the rise of associated dividend and interest flows has until now been muted by the decreasing trend in interest rates, this pattern could change, leading to a larger role of investment income flows in the...
Persistent link: https://www.econbiz.de/10014584260
geographic distance and increase in the degree of trade integration with the war site. For very distant countries, output … the war site and productivity falls, trade with nearby economies decreases, generating an endogenous supply …
Persistent link: https://www.econbiz.de/10014478444
U.S. equity outperformance and sustained dollar appreciation have led to large valuation gains for the rest of the world on the U.S. external position. The author constructs their global distribution, carefully accounting for the role of tax havens. Valuation gains are concentrated and large in...
Persistent link: https://www.econbiz.de/10014502592
While the impact of exchange rate changes on economic growth has long been an issue of key importance in international macroeconomics, it has received renewed attention in recent years, owing to weaker growth rates and the debate on currency wars. However, in spite of its prevalence in the...
Persistent link: https://www.econbiz.de/10010352028
addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that … demand shocks have a larger impact on trade between more distant countries. We test this implication in two steps, relying on …, linguistic, and internet). We first show that during the Great Trade Collapse of 2007-09 international transactions fell more …
Persistent link: https://www.econbiz.de/10011990147
of domestic inputoutput production linkages. We then use a Ricardian model of trade with domestic sectoral linkages …, trade in intermediate goods and sectoral heterogeneity in production to perform counterfactual simulations, isolate the …
Persistent link: https://www.econbiz.de/10012056188