Robertson, Raymond; Kokas, Deeksha; Cardozo, Diego; … - 2020
This paper studies how a positive export shock - the sharp increase in garment-sector exports that began at the end of … exogenous to Bangladesh, the authors instrument export demand with OECD imports to ensure identification. The paper compares … predictions from long-run, general-equilibrium neoclassical trade theory. As in other studies, this paper finds that the export …