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This paper provides a new heterogeneous firm model for trade where firms differ in their productivity and experience different market demand shocks. The model incorporates variations in trade policy, trade preferences, and the rules of origin needed to obtain them, to reflect real world...
Persistent link: https://www.econbiz.de/10012767215
Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The paper analyzes such rules, focussing in particular on oligopolistic industries in which foreign...
Persistent link: https://www.econbiz.de/10013230380
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products … sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their … competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within …
Persistent link: https://www.econbiz.de/10012986299
Large firms play a pivotal role in international trade, shaping the export patterns of countries. We propose and …-data with information on firm domestic and export sales across manufacturing industries. We find that granularity accounts for … about 20% of the variation in realized export intensity across sectors, and is more pronounced in the most export …
Persistent link: https://www.econbiz.de/10012914723
can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network …
Persistent link: https://www.econbiz.de/10013130777
broad support for the model's predictions. First, better managed firms are more likely to export, sell more products to more … destination countries, and earn higher export revenues and profits. Second, better managed exporters have higher prices, higher …
Persistent link: https://www.econbiz.de/10012916617
top-quality products on the intensive margin. The product quality ladder also governs firms ’ export dynamics, both in …
Persistent link: https://www.econbiz.de/10013225008
detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export …
Persistent link: https://www.econbiz.de/10013053831
We explore in this paper the role of export subsidies when goods arriving from foreign countries are initially of … goods, consumers view price as a signal of quality, a role for export subsidies can arise. In particular, we show that … absent export subsidies, entry of high quality firms may be blocked by their inability to sell at prices reflecting their …
Persistent link: https://www.econbiz.de/10014076117
driven mostly by global commodity prices. In order to better understand the determinants of export success in Africa we …
Persistent link: https://www.econbiz.de/10013068915