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comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and …
Persistent link: https://www.econbiz.de/10011435012
Policy makers in "small" countries facing trade liberalisation have become concerned with the potential loss of manufacturing employment and output to "large" economies in the presence of economies of scale in production and international transport costs. This paper offers a methodology to...
Persistent link: https://www.econbiz.de/10011438358
Motivated by the increased importance of trade between industrialized and less-developed countries, we build a DSGE model featuring comparative advantage and inter-industry trade to analyze business cycle dynamics of industrialized countries. We show that productivity shocks lead to shifts in...
Persistent link: https://www.econbiz.de/10011478292
Persistent link: https://www.econbiz.de/10012229109
parts and components and intermediate goods from Germany to produce and export parts and components or final capital goods …
Persistent link: https://www.econbiz.de/10012294620
exporters in a country contribute to export growth and diversification. The origins of these firms are also studied. The data … show that the top five exporters account for on average one third of exports, over half of export growth, and almost all of … export diversification over a five-year period. Controlling for country and industry fixed effects, the share of exports in …
Persistent link: https://www.econbiz.de/10011575755
A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on …
Persistent link: https://www.econbiz.de/10012001519
This paper studies the role of the exchange rate regime for trade of new products. It first provides VAR evidence that a rise in external productivity shifts trade away from new products and more so in fixed regimes. Then, it presents a model with firm dynamics in line with this evidence. We...
Persistent link: https://www.econbiz.de/10012168776
Persistent link: https://www.econbiz.de/10011796404
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