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market. Coupled with a constant profit share in domestic sectors this makes European exports vulnerable to vagaries of … past. In fact econometric evidence is not totally at odds with this view. However, neither exports in a large European … large extent can be passed on to prices. On the other hand exports seem to be heavily subject to the vicissitudes of …
Persistent link: https://www.econbiz.de/10012143633
In times of increasing oil prices and a weak dollar, European companies that focus their business on the US market may find themselves in a weak position. While many businesses can hedge this kind of risk by relocating production to the US, or employing financial remedies, these strategies may...
Persistent link: https://www.econbiz.de/10003796133
It has become common to measure the quality of exports using their unit export value (UEV). Applications of this method … that export quality and export price (the most natural interpretation of UEV) are not merely correlated but that they …. -- export quality ; unit export value ; intra-industry trade ; competitiveness …
Persistent link: https://www.econbiz.de/10003887937
multi-product exporters: (i) few top-selling products account for the bulk of a firm's exports in a market, (ii) the …
Persistent link: https://www.econbiz.de/10008808226
This paper provides first firm-level evidence of the links between income inequality and the patterns of trade and export prices. We identify a theoretical mechanism behind these links, which suggests that a more unequal income distribution leads to higher average prices. We test the theory...
Persistent link: https://www.econbiz.de/10009764401
The paper applies the gravity model of international trade in its analysis of German exports. The added value of our … new insights into the analysis of German export performance. Our panel dataset includes German exports to 176 countries … European neighbourhood relative to the world average. Exports are sensitive to both the real exchange rate movements and the …
Persistent link: https://www.econbiz.de/10010358344
are employed for different categories of goods (final goods and intermediate goods exports). The results suggest that the …. Further, the growth in Turkey's total goods exports is mainly explained by quantity rather than price growth. The results … further point out that growth in Turkey's final goods was driven by price growth, whereas growth in intermediate goods exports …
Persistent link: https://www.econbiz.de/10010251705
-sectoral resource allocation (IRA) and by within-sector selection of firms according to productivity (which we call Melitz selection …
Persistent link: https://www.econbiz.de/10011444880
sales and exporting probabilities but also makes exports less sensitive to trade policy; (ii) the most productive exporters …
Persistent link: https://www.econbiz.de/10011547934
I develop and estimate a model of export dynamics featuring self-discovery that accounts well for new exporter dynamics: (a) continuation rates that are increasing with tenure, and (b) growth rates of export sales that are decreasing with tenure. The option value generated by the acquisition of...
Persistent link: https://www.econbiz.de/10011489986