. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is … large: up to nine percentage points difference in trade performance can be explained by the quality composition of exports …

quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with experts quality ratings, we show … that higher quality exports collapsed more dramatically during the recession. This flight from quality was triggered by a … fall in aggregate demand, and was stronger for smaller firms' exports and in the countries where households could …

. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is … large: up to nine percentage points difference in trade performance can be explained by the quality composition of exports …