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We perform a characterization of Colombia's industrial exports for the 1990-2010 period. We contrast the commonly used classification of exports (traditional vs. nontraditional) to that of Lall's (2000), which is based on the technological component of exports, stressing the advantages of the...
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currencies" offer high interest rates on average, while countries that export finished goods tend to have low interest rates. We …
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Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
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We study how international trade and the exporting decisions of establishments affect establishment creation over the business cycle in a general equilibrium model. The model captures two key features of establishment and exporter dynamics: i) new establishments start small and grow over time...
Persistent link: https://www.econbiz.de/10012480156
export sales after entry (the intensive margin), particularly in industries that rely more heavily on relationship … survival of new export products in more contract-intensive industries. These results have important policy implications for … developing countries that seek to boost export growth but many of which suffer from poor contracting institutions …
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