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We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows...
Persistent link: https://www.econbiz.de/10012865745
data on bilateral trade in manufactures among 92 countries and to firm-level export data for a much narrower sample shows … that it accounts for both the large share of a small number of firms in sales around the world and for zeros in bilateral …
Persistent link: https://www.econbiz.de/10013066573
manufacturing firms. The data are unique in indicating how much each firm exports to each destination. Looking across all … manufacturers: (1) Firms differ substantially in export participation, with most selling only at home; (2) The number of firms … exports to each destination into the size of the market and French share, variation in market share translates nearly …
Persistent link: https://www.econbiz.de/10013324638
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
Global environmental concerns have increased the sensitivity of governments and other parties to the actions of those outside their national jurisdiction. Parties have tried to extend influence extraterritorially both by promising to reward desired behavior and by threatening to punish undesired...
Persistent link: https://www.econbiz.de/10013127720
preference by economists for factor or product taxes and subsidies over tariffs and export subsidies may not be justified in this …
Persistent link: https://www.econbiz.de/10012760364
States, not only as a source of imports, but also as a destination for U.S. exports than most countries in Western Europe … relationships in that the residual correlation among exports, imports, and outward direct foreign investment is much larger than …
Persistent link: https://www.econbiz.de/10012763473
Using transactions-level customs data from Colombia, we study firm-specific export patterns over the period 1996 … previous year. These new exporters tend to be extremely small in terms of their overall contribution to export revenues, and … most do not continue exporting in the following year. Hence export sales are dominated by a small number of very large and …
Persistent link: https://www.econbiz.de/10012775737
around the world. Consistent with the theory we find that the importance of DFI relative to exports grows with population … open to U.S. exports than any region in the world except East Asia …We develop a simple model of the choice between exploiting a technology in another country via export and via direct …
Persistent link: https://www.econbiz.de/10013225821