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We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows...
Persistent link: https://www.econbiz.de/10012480070
We study how international trade and the exporting decisions of establishments affect establishment creation over the business cycle in a general equilibrium model. The model captures two key features of establishment and exporter dynamics: i) new establishments start small and grow over time...
Persistent link: https://www.econbiz.de/10012480156
successful export promotion between non-partners …
Persistent link: https://www.econbiz.de/10012482496
decision by both state controlled and private entities to export in a model with labor adjustment costs. In this complex … environment, a simple decision rule whereby export status depends only on current productivity does not hold. Nor does this rule … match data patterns. The estimated model is used to understand the factors that influence export status. The analysis …
Persistent link: https://www.econbiz.de/10012482507
their mode of export - either directly or indirectly through an intermediary. The model predicts that intermediaries will be …
Persistent link: https://www.econbiz.de/10012462946
domestic welfare through two channels. First, by reducing export income volatility and allowing for a smoother consumption path … to borrow against future export income). Under plausibly calibrated parameters, the second channel may lead to much …
Persistent link: https://www.econbiz.de/10012463197
and joint ventures trade more and import more products from more source countries, but export fewer products to fewer … international trade and the importance of foreign ownership for firms' export and import decisions …
Persistent link: https://www.econbiz.de/10012463400
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
We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct … outcomes. We find that firms whose export destinations experience greater currency depreciation have slower export growth, and … that export growth leads to increases firm productivity and other firm performance measures. Consistent with "earning …
Persistent link: https://www.econbiz.de/10012464017
predicts that China's share of export markets should grow most rapidly where China's share is initially large. A corollary is … product, China's export unit values should be increasing in distance. We find strong support for this effect in our empirical …
Persistent link: https://www.econbiz.de/10012464686