Showing 1 - 10 of 151
We document the consequences of real exchange rate movements for the employment, hours, and hourly earnings of workers in manufacturing industries across individual states. Exchange rates have statistically significant wage and employment implications in these local labor markets. The importance...
Persistent link: https://www.econbiz.de/10014193865
A number of formerly regulated multiproduct industries have a transitional or permanent residual regulatory mandate to protect consumers from "excessive" prices. The legislation that deregulated most rail rates contains a statutory mandate for the regulator to protect shippers from "excessive"...
Persistent link: https://www.econbiz.de/10012907724
This paper provides firm-level evidence that credit constraints restrict international trade flows and affect the sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint ventures have better export performance than private...
Persistent link: https://www.econbiz.de/10013127980
exports from their long-run level. We study the export trends of a sample of 37 countries including both OECD and non …-OECD countries over the period of 1994-2009. We find that exports overshot their equilibrium value during economic crises and that …
Persistent link: https://www.econbiz.de/10013128969
This paper re-explores the relation between a country's level of wealth and the mix of products it exports. We argue …
Persistent link: https://www.econbiz.de/10013129123
To quantify trade frictions, we examine multi-product exporters. We build a flexible general equilibrium model and estimate market entry costs using Brazilian firm-product-destination data under rich demand and market-access cost shocks. Our estimates show that additional products farther from a...
Persistent link: https://www.econbiz.de/10013134907
exports to advanced countries, and second, the prevalence of US dollar invoicing in Japanese exports to East Asia even though … findings suggest that a surprisingly low share of yen invoicing among Japanese exports even in the 2000s can be attributable to …
Persistent link: https://www.econbiz.de/10013139736
We estimate geographic barriers to export trade in nine service categories for Canada's provinces from 1997 to 2007 using the structural gravity model. Constructed Home, Domestic and Foreign Bias indexes (the last two new) capture the direct plus indirect effect of services trade costs on...
Persistent link: https://www.econbiz.de/10013117890
We estimate the elasticity of exports to credit using matched customs and firm-level bank credit data from Peru. To … account for non-credit determinants of exports, we compare changes in exports of the same product and to the same destination … that credit shocks affect the intensive margin of exports, but have no significant impact on entry or exit of firms to new …
Persistent link: https://www.econbiz.de/10013126205
In this paper we build a model of market competition among religious denominations, using a framework that involves incomplete contracts and the production of club goods. We treat denominations akin to multinational enterprises, which decide which countries to enter based on local market...
Persistent link: https://www.econbiz.de/10013126218