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We examine the bilateral trade patterns of countries involved in significant trade liberalizations using detailed data on the value of trade flows by commodity. We find a striking relationship between a good's pre-liberalization share in trade and its growth subsequent to liberalization. The...
Persistent link: https://www.econbiz.de/10014216140
This paper examines the implications of cross-border production fragmentation in the context of regional integration, using both general- and partial-equilibrium approaches. It shows the conditions under which fragmentation converts a trade-diverting FTA into a trade creating one. It assesses...
Persistent link: https://www.econbiz.de/10014058346
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
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
causes that ease the negative spillover effects from the depreciation of the Chinese renminbi on Korea's export performance …
Persistent link: https://www.econbiz.de/10012862286
-Sanitary (SPS) regulatory measures and analyse the effects of product standards on three variables: (i) probability to export and to … exit the export market (firm-product extensive margins), (ii) value exported (firm-product intensive margin) and (iii …) export prices. In particular we study whether firms size, market shares and export orientation modify the effect of SPS …
Persistent link: https://www.econbiz.de/10009719780
three trade related aspects: (i) probability to export and to exit the export market (firm-product extensive margins), (ii …) value exported (firm-product intensive margin) and (iii) export prices. We find that SPS concerns discourage the presence of …
Persistent link: https://www.econbiz.de/10009722388
three trade related aspects: (i) probability to export and to exit the export market (firm-product extensive margins), (ii …) value exported (firm-product intensive margin) and (iii) export prices. We find that SPS concerns discourage the presence of …
Persistent link: https://www.econbiz.de/10013083875
-Sanitary (SPS) regulatory measures and analyse the effects of product standards on three variables: (i) probability to export and to … exit the export market (firm-product extensive margins), (ii) value exported (firm-product intensive margin) and (iii …) export prices. In particular we study whether firms size, market shares and export orientation modify the effect of SPS …
Persistent link: https://www.econbiz.de/10013085414
-Sanitary (SPS) regulatory measures and analyse the effects of product standards on three variables: (i) probability to export and to … exit the export market (firm-product extensive margins), (ii) value exported (firm-product intensive margin) and (iii …) export prices. In particular we study whether firms size, market shares and export orientation modify the effect of SPS …
Persistent link: https://www.econbiz.de/10012883403