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Bernard, Andrew B. - 1999

Exporting is often touted as a way to increase economic growth. This paper examines whether exporting has played any role in increasing productivity growth in U.S. manufacturing. Contemporaneous levels of exports and productivity are indeed positively correlated across manufacturing industries....

Persistent link: https://www.econbiz.de/10012471659

Dominant Currencies : How Firms Choose Currency Invoicing and Why it Matters

Amiti, Mary - 2020

Using new data on currency invoicing for Belgian firms, we analyze how firms make their currency choice, for both exports and imports, and the implications of this choice for exchange rate pass-through into prices and quantities. We derive our estimating equations from a theoretical framework...

Persistent link: https://www.econbiz.de/10012482146

Exports and Financial Shocks

Amiti, Mary - 2009

A striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether deteriorations in bank health can help explain the large drops in exports relative...

Persistent link: https://www.econbiz.de/10012463093

The Margins of U.S. Trade (Long Version)

Bernard, Andrew B. - 2009

Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview...

Persistent link: https://www.econbiz.de/10012463985

Firms in International Trade

Bernard, Andrew B. - 2007

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/10012465600

Why Some Firms Export

Bernard, Andrew B. - 2001

This paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of U … government export promotion expenditures. Entry and exit in the export market by U.S. plants is substantial, past exporters are … apt to reenter, and plants are likely to export in consecutive years. However, we find that entry costs are significant …

Persistent link: https://www.econbiz.de/10012470371

Understanding the U.S. Export Boom

Bernard, Andrew B. - 1998

manufacturing sector. This paper examines the source of this export boom and argues that the boom itself has been less remarkable … for the rate of growth of exports than for the striking increase in export intensity. This increase in export intensity … income are the dominant sources for the export increase, while productivity increases in U.S. plants play a relatively small …

Persistent link: https://www.econbiz.de/10012472367

Winners and Losers in International Trade : The Effects on U.S. Presidential Voting

Jensen, J. Bradford - 2016

This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...

Persistent link: https://www.econbiz.de/10012456773