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trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile …
Persistent link: https://www.econbiz.de/10012464570
This paper provides a new heterogeneous firm model for trade where firms differ in their productivity and experience different market demand shocks. The model incorporates variations in trade policy, trade preferences, and the rules of origin needed to obtain them, to reflect real world...
Persistent link: https://www.econbiz.de/10012465935
differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10012474373
Large firms play a pivotal role in international trade, shaping the export patterns of countries. We propose and …-data with information on firm domestic and export sales across manufacturing industries. We find that granularity accounts for … about 20% of the variation in realized export intensity across sectors, and is more pronounced in the most export …
Persistent link: https://www.econbiz.de/10012452914
with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …
Persistent link: https://www.econbiz.de/10012459285
We investigate inflation targeting (IT) in emerging markets, focusing on the role of the real exchange rate and the distinction between commodity and non-commodity exporters. IT emerging markets appear to follow a "mixed strategy" whereby both inflation and real exchange rates are important...
Persistent link: https://www.econbiz.de/10012464087
We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World...
Persistent link: https://www.econbiz.de/10012458088
explanation is that Indian pharmaceutical firms and/or their export intermediaries do indeed differentiate drug quality according …
Persistent link: https://www.econbiz.de/10012458199
We show that a small set of emerging markets with floating exchange rates expand the investment frontier substantially relative to G10 currencies. The frontier is characterized by an out-of-sample mean-variance efficient portfolio that prices G10- and emerging markets-based trading strategies...
Persistent link: https://www.econbiz.de/10015072842
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