Showing 1 - 9 of 9
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
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
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
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
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
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
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
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
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