Showing 1 - 10 of 296
What drives firms' geographic diversification in international markets? I build a model to show that if some export costs are sunk and shared between alike destinations, the decision of a firm to enter a market is a function of its experience in a similar one. Using a rich firm-level dataset for...
Persistent link: https://www.econbiz.de/10010325082
We measure the "new" gains from trade reaped by Canada as a result of the Canada-US Free Trade Agreement (CUSFTA). We … think of the "new" gains from trade of a country as all welfare effects pertaining to changes in the set of firms serving … that country as emphasized in the so-called "new" trade literature. To this end, we first develop an exact decomposition of …
Persistent link: https://www.econbiz.de/10011663205
What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...
Persistent link: https://www.econbiz.de/10011430088
0.7, while import price changes that can be traced back to exchange rate movements of other trade partners only have … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …
Persistent link: https://www.econbiz.de/10011430113
investigates how global value chain-related trade affects the export performance of manufacturing firms in South Africa. In … results confirm that global value chain-related trade is associated with a higher productivity premium compared with … traditional trade. However, within the categories of exporters, only the firms that trade in global value chain-related products …
Persistent link: https://www.econbiz.de/10012424132
We analyze empirically product-price variation across export destinations using detailed firm-product data. Most recent studies using highly disaggregated data emphasize variations in product quality as an explanation as to why firms charge different prices for the same product on different...
Persistent link: https://www.econbiz.de/10013208597
Recent literature suggests that product characteristics assert different distance sensitivity on trade flows. But the …
Persistent link: https://www.econbiz.de/10013208629
Understanding the dynamics of import price developments is an important but challenging issue which affects the way we look on consumers' welfare, real exchange rates and exchange rate pass-through. In this paper we propose an exact import price index which extends the approach by Broda and...
Persistent link: https://www.econbiz.de/10013370092
theoretical and empirical papers studies the role of multi-product firms (MPFs) in international trade. This survey reviews the …
Persistent link: https://www.econbiz.de/10014278242
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...
Persistent link: https://www.econbiz.de/10014278534