This study investigates the potential trade flows between countries of South, East and South East Asian region as a result of tariff liberalization using the GTAP-model. The study reveals that tariff liberalization has positive effects on all country groupings of South, East and South East Asian...

This paper examines whether the export decision of firms is affected by their ownership structure, specifically it looks at whether family control is an obstacle to entering foreign markets. The underlying assumption is that family firms are risk averse. Risk aversion may be an obstacle to...

We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member countries is...

This paper shows empirically that China's trade balance is sensitive to fluctuations in the renminbi real effective exchange rate. However, the current size of the trade surplus is such that exchange rate policy, alone, will probably not be able to address the imbalance. The reduction in the...

We investigate theoretically and empirically how exporters adjust their markups across destinations depending on bilateral distance, tariffs, and the quality of their exports. Under the assumption that trade costs are both ad valorem and per unit, our model predicts that markups rise with...

The private sector is deemed as an engine of growth. As such, many developing countries including Ghana have sought to develop the private sector to propel the growth of their economies. This notwithstanding, much has not been done to examine the effects of such efforts on the productivity of...

In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to export to foreign markets directly, smaller firms typically export via intermediaries (indirect exporting). I document a set of facts that characterize the dynamic nature of...

This paper provides clear evidence that increased exposure to import competition from low-income countries results in lower quality matches between workers and firms, using matched employer-employee data from Italy. I measure match quality as the match (worker-firm) fixed effect from a wage...

Through using firm level data for the manufacturing industries in Vietnam, the paper examines whether the presence of foreign firms influences the decision of domestic firms to export or not, and whether foreign firms influence the intensity of exports by domestic firms. In contrast with most...

When do firms expand abroad? Theory to date suggests that global expansion happens when firm-specific competitive advantages outweigh country-specific difficulties in operating abroad. Differences in culture, in legislation, in administrative practices, and in the overall institutional...