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The aim of this paper is to compare the price elasticity of import demand in the destination markets of Italian exports to the price elasticity in the destination markets of the other main euro-area countries' exports. To this end, we use the elasticities of substitution across varieties...
Persistent link: https://www.econbiz.de/10013128116
This paper studies a simple model of buyer investment and its effect on the variety and vertical structure of international trade. A distinction is made between two types of buyer investment: "flexible" and "specific." Their interactions with the entry and pricing incentives of suppliers are...
Persistent link: https://www.econbiz.de/10013247671
This paper studies a simple model of buyer investment and its effect on the variety and vertical structure of international trade. A distinction is made between two types of buyer investment: "flexible" and "specific." Their interactions with the entry and pricing incentives of suppliers are...
Persistent link: https://www.econbiz.de/10012466919
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large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
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experience of Japan. Exchange rate appreciation, or the threat of it, causes macroeconomic distress without having any …
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