Showing 1 - 10 of 272
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
domestic welfare through two channels. First, by reducing export income volatility and allowing for a smoother consumption path … to borrow against future export income). Under plausibly calibrated parameters, the second channel may lead to much …
Persistent link: https://www.econbiz.de/10013150436
We investigate and compare countries' export growth based on their performance at the extensive and intensive export … export markets but shortly exit when it learns its per- period fixed costs. We apply this insight to disaggregated export … data and confirm that indeed most export relationships are very short lived. We then show that the survival issue is a …
Persistent link: https://www.econbiz.de/10012759664
's producers to upgrade the quality of the goods that they export. The paper first documents two stylized facts regarding the … effect of trade liberalization on export prices and its relation with product differentiation. Next, the paper develops a … raise its export price in industries where the scope for quality differentiation is large while to lower its export price in …
Persistent link: https://www.econbiz.de/10013050171
As the exchange rate, foreign demand, production costs and export promotion policies evolve, manufacturing firms are … continually faced with two issues: Whether to be an exporter, and if so, how much to export. We develop a dynamic structural model … of export supply that characterizes these two decisions and estimate the model using plant-level panel data on Colombian …
Persistent link: https://www.econbiz.de/10013249348
The purpose of this paper is to investigate why the choice of invoice currency under exchange rate uncertainty depends not only on expectations but also on history. The analysis is motivated by the fact that the U.S. dollar has historically been the dominant vehicle currency in developing...
Persistent link: https://www.econbiz.de/10012779585
This paper explores the role of export costs in the process of poverty reduction in rural Africa. We claim that the … marketing costs that emerge when the commercialization of export crops requires intermediaries can lead to lower participation … into export cropping and, thus, to higher poverty. We test the model using data from the Uganda National Household Survey …
Persistent link: https://www.econbiz.de/10012759840
This paper looks at the problem of making multiple lending decisions which affect the supply of the product when the consequences of these lending decisions are interrelated via the effect on the world price of the product. This is termed the 'adding up problem'. It is argued that thinking of...
Persistent link: https://www.econbiz.de/10012763556
This paper studies the incidence of civil war over time. We put forward a canonical model of civil war, which relates the incidence of conflict to circumstances, institutions and features of the underlying economy and polity. We use this model to derive testable predictions and to interpret the...
Persistent link: https://www.econbiz.de/10012765573
show that negative export-price shocks reduce fiscal revenue and increase the likelihood of an expected currency … relationship between export-price shocks and currency-risk premia in emerging market economies, indicating that negative export …
Persistent link: https://www.econbiz.de/10012978846