Showing 1 - 10 of 1,074
decline in import growth. We then construct measures of export exposure to import tariffs by linking tariffs paid by importing …
Persistent link: https://www.econbiz.de/10014337835
We estimate a model of firm export dynamics featuring cross-country complementarities. The firm decides where to export …
Persistent link: https://www.econbiz.de/10014337843
We study the role of export credit agencies--the predominant tool of industrial policy--on firm behavior by using the … effective shutdown of the Export-Import Bank of the United States (EXIM) from 2015-2019 as a natural experiment. We show that … more pronounced for firms with higher export opportunities and higher ex-ante marginal revenue products of capital. Lower …
Persistent link: https://www.econbiz.de/10014468219
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
This paper examines the decision to enter the export market by German firms. While exports have played an important … role in recent German business cycle movements, little is known about the export supply response of German firms. This … paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of German manufacturing …
Persistent link: https://www.econbiz.de/10012472269
claim, we find a significant export wage premium for high-skilled workers in German manufacturing and an export wage … discount for lower skilled workers, using matched employer-employee data. Estimates suggest that the export wage premium to …
Persistent link: https://www.econbiz.de/10012462668
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality...
Persistent link: https://www.econbiz.de/10014226112
Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to shifting regional economic conditions. We examine the role that immigration may have played in enabling U.S. commuting...
Persistent link: https://www.econbiz.de/10013537796
We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of Britain's exit from the European Union (Brexit). Our analysis reveals that an increase in the probability of Brexit increases U.K. import price indices by raising the prices of...
Persistent link: https://www.econbiz.de/10014337833
to respond to new trade opportunities. Finally, we show that the countries that export more to the U.S. as a result of … the tariffs on China also export more to other countries. This suggests that firms are entering these countries and once … there, export not just to the U.S. but everywhere …
Persistent link: https://www.econbiz.de/10014437053