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Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems to have dealt with the volatility better. Why? This paper explores Australian terms of trade volatility since 1901. It identifies two major price shock episodes before the recent...
Persistent link: https://www.econbiz.de/10012757921
We investigate and compare countries' export growth based on their performance at the extensive and intensive export margins. Our empirical approach is motivated by an extension to the Melitz (2003) model of heterogeneous firms in which exporters are subject to a one-time sunk cost and also a...
Persistent link: https://www.econbiz.de/10012759664
Foreign-invested enterprises (FIEs) account for well over half of all Chinese exports and this share continues to grow … capabilities domestically. This paper uses detailed data on Chinese exports by sector and type of enterprise to examine the extent … and quality of their exports. We also use a newly-created dataset on Chinese policies encouraging or restricting FIEs …
Persistent link: https://www.econbiz.de/10012759861
); sovereign credit ratings; debt servicing burdens relative to GDP, fiscal revenues, and exports; as well as the level of …
Persistent link: https://www.econbiz.de/10013045576
present evidence that (1) China's industrial output has become cleaner over time, (2) China's exports have shifted toward … relatively cleaner, highly fragmented sectors, and (3) the pollution intensity of Chinese exports has fallen dramatically between …
Persistent link: https://www.econbiz.de/10012772376
exchange rate - but the relationships are not always precisely or robustly estimated. Chinese exports are generally well … the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these …
Persistent link: https://www.econbiz.de/10013109870
panel models relating the annual growth rate of a country's exports in a particular product category to the country … that country's exports by between 2.0 and 5.7 percentage points, with no detectable effects in rich countries. We find … negative effects of temperature on exports of both agricultural products and light manufacturing products, with little apparent …
Persistent link: https://www.econbiz.de/10013148370
and exports across trading partners, types of trade (i.e., arm's-length versus related-party) and both short and long time …
Persistent link: https://www.econbiz.de/10012754934
Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...
Persistent link: https://www.econbiz.de/10012755384
firm-specific exchange rate shocks based on the pre-crisis destinations of firms' exports. Because the shocks were …
Persistent link: https://www.econbiz.de/10012758022