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. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the … heteroscedasticity bias is large and important. -- gravity estimation ; heteroscedasticity in data ; intensive and extensive margin …
Persistent link: https://www.econbiz.de/10009011147
price levels of partner countries, even though their elasticity is significantly less than unity, which suggests that German …
Persistent link: https://www.econbiz.de/10010358344
The results generally confirm that Czech trade is oriented towards European countries and determined primarily by key economic factors of domestic and foreign GDP. The institutional variables remain largely insignificant, except corruption due tothe counterintuitive result that a higher...
Persistent link: https://www.econbiz.de/10010429918
partners whose importance has been gradually shifting eastwards. We employ Fixed Effects and Random Effects as estimation …
Persistent link: https://www.econbiz.de/10010344201
. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the …
Persistent link: https://www.econbiz.de/10013128040
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we distinguish between productivity gains arising from lower tariffs on final goods relative to lower tariffs on intermediate inputs. Lower output tariffs can produce productivity...
Persistent link: https://www.econbiz.de/10012780765
This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country's aggregate exports. The data allows for a characterization of both the crosssectional distribution of Mexican exports, across destinations and across exporting firms, and of the...
Persistent link: https://www.econbiz.de/10012166191
Correct estimates of import demand elasticities are essential for measuring the gains from trade and predicting the impact of trade policies. We show that estimates of import demand elasticities hinge critically on whether they are derived using trade quantities or trade values, and this...
Persistent link: https://www.econbiz.de/10012145521
Empirical studies of firms within industries consistently report substantial heterogeneity in measures of performance such as size and productivity. This paper explores the consequences of joint heterogeneity on the supply side (sellers) and the demand side (buyers) in international trade using...
Persistent link: https://www.econbiz.de/10011084201
quality levels. In the new trade theory and in the neoclassical literature there is not a well-established methodology to … elasticity of volume market share as function of the difference in price against competitors in an inter-temporal framework. The …
Persistent link: https://www.econbiz.de/10005836304