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What is the effect of nominal exchange rate variability on trade? I argue that the methods conventionally used to answer this perennial question are plagued by a variety of sources of systematic bias. I propose a novel approach that simultaneously addresses all of these biases, and present new...
Persistent link: https://www.econbiz.de/10014067564
export growth on the intensive margin with respect to the exporter’s productivity growth is between 1.6 and 2.4 depending …
Persistent link: https://www.econbiz.de/10010229958
. The instrumented elasticity of export growth on the intensive margin with respect to the exporter's productivity growth is …
Persistent link: https://www.econbiz.de/10012902445
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...
Persistent link: https://www.econbiz.de/10013059480
. The instrumented elasticity of export growth on the intensive margin with respect to the exporter's productivity growth is …
Persistent link: https://www.econbiz.de/10011568775
This paper shows that real effective exchange rate (REER) regressions, the standard approach for estimating the response of aggregate exports to exchange rate changes, imply biased estimates of the underlying elasticities. We provide a new aggregate regression specification that is consistent...
Persistent link: https://www.econbiz.de/10012868866
on the decision to export and the average value of exports by product. Though, composition effects are in action: the …
Persistent link: https://www.econbiz.de/10014211643
This paper investigates how firm size and global sourcing affect the export surviving probabilities. By using data on … export and import transactions disaggregated by destination/origin for the entire Danish manufacturing firms between the … continue or cease to export. Moreover, he is able to define whether the firms source intermediate inputs from high- or low …
Persistent link: https://www.econbiz.de/10012231513
This paper investigates how firm size and global sourcing affect the export surviving probabilities. By using data on … export and import transactions disaggregated by destination/origin for the entire Danish manufacturing firms between the … continue or cease to export. Moreover, he is able to define whether the firms source intermediate inputs from high- or low …
Persistent link: https://www.econbiz.de/10012132300
heterogeneity as the theoretical basis of export behavior. In the context of this heterogeneity, the paper uses the quantile … regression methodology to analyze the effect of firm size on firm export propensity (percentage of exported sales). The paper … confirms the existence of a positive relationship between firm size and export intensity but finds that the conventional …
Persistent link: https://www.econbiz.de/10011490517