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Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the … fluctuation of the growth rate of trade balance is derived. These are the novel features of our model. The export price equation … and export volume equation are estimated for several Asian countries for the sample period of 1981 to 1996. Results are …
Persistent link: https://www.econbiz.de/10012471508
domestic sales and export flows. Spanish manufacturing firms whose domestic sales were reduced by more during the crisis … observed a larger increase in their export flows, even after controlling for firms' supply determinants (such as labor costs …). This negative relationship between demand-driven changes in domestic sales and changes in export flows illustrates the …
Persistent link: https://www.econbiz.de/10012481020
It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an excessively small share of yen invoicing: First, a strong...
Persistent link: https://www.econbiz.de/10012462424
economies that export goods to the U.S., Japan, and neighboring countries. The optimality of the exchange rate regime is defined …
Persistent link: https://www.econbiz.de/10012470729
productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable …
Persistent link: https://www.econbiz.de/10012457894