Showing 1 - 10 of 513
We estimate the elasticity of exports to credit using matched customs and firm-level bank credit data from Peru. To …
Persistent link: https://www.econbiz.de/10012461683
the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers … Boeing's significant reliance on EXIM for export credit. Moreover, we find that this decline is driven by financially … aircraft despite the EXIM shock. Our results are consistent with the view that government-sponsored export credit is mostly …
Persistent link: https://www.econbiz.de/10014337795
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
ventures have better export performance than private domestic firms in financially more vulnerable sectors. These results are …
Persistent link: https://www.econbiz.de/10012461752
While the trade literature has tended to view export activity and innovation as complementary activities, we present … reduce R&D to finance the costs of export participation …
Persistent link: https://www.econbiz.de/10015072846
uncertainty, is the overall elasticity of taxable income. We provide new estimates of this elasticity which address identification … income, and on variation in the elasticity of taxable income by income group. We find that the overall elasticity of taxable … income is approximately 0.4; the elasticity of real income, not including tax preferences, is much lower. We also estimate …
Persistent link: https://www.econbiz.de/10012471264
This paper uses a panel of individual tax returns and the `bracket creep' as source of tax rate variation to construct instrumental variables estimates of the sensitivity of income to changes in tax rates. From 1979 to 1981, the US income tax schedule was fixed in nominal terms while inflation...
Persistent link: https://www.econbiz.de/10012471417
compensated elasticity of income with respect to tax rates. These models are used to perform simulations of bunching and calibrate … the key parameters (the behavioral elasticity and the extent to which taxpayers control their income) to the empirical … income distributions. Except for low income earners, the behavioral elasticity consistent with the empirical results is small …
Persistent link: https://www.econbiz.de/10012471418
Demand elasticities and other features of demand are critical determinants of the answers to most positive and normative questions about market power or the functioning of markets in practice. As a result, reliable demand estimation is an essential input to many types of research in Industrial...
Persistent link: https://www.econbiz.de/10012629525
This paper reviews a variety of estimates of the demand and supply elasticities of educated labor. It finds that elasticities of substitution between more and less educated labor range fran 1.0 to 2.0 and that elasticities of the supply of students to colleges are also on the order of 1.0 to 2.0...
Persistent link: https://www.econbiz.de/10012478063