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A heterogeneous-firm trade model can explain the recent decrease in exchange rate pass-through to aggregate U.S. import …. The recent decrease in the responsiveness of U.S. import prices to exchange rates can be explained by the entry of these …
Persistent link: https://www.econbiz.de/10013034900
within- and between-dimension estimation results do not support the BS hypothesis. For the time since the mid-1980s, we find …
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factor productivity. Overall, our DOLS estimation results do not support the BS hypothesis. For the last two decades, we find …
Persistent link: https://www.econbiz.de/10009565593
This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...
Persistent link: https://www.econbiz.de/10009786048
This study analyses empirically the effects of import competition on firm productivity (TFPQ) using administrative firm …-level panel data from German manufacturing. We find that only import competition from high-income countries is associated with … positive incentives for firms to invest in productivity improvement, whereas import competition from middle- and low …
Persistent link: https://www.econbiz.de/10012112493
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aggregate data on a large sample of countries and detailed firm-level imports to Sweden. We find that import prices increase …
Persistent link: https://www.econbiz.de/10011420659
This paper studies the relationship between firm markups and importing intermediate inputs and exporting using detailed firm-level data from Hungary in 1995-2003. We estimate production functions structurally to obtain firm-year-level productivity and markup estimates. We find that importing...
Persistent link: https://www.econbiz.de/10011284750