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This paper studies the links between pricing to market (PTM) and trade liberalization using data for India’s exports (at the 4-digit level of classification) during the economic reforms period (1992–2005). We estimate a PTM model for exports to the G3 and three other emerging markets...
Persistent link: https://www.econbiz.de/10010577031
In the 1990s, India initiated extensive policy reforms that included the adoption of a flexible exchange rate regime and an acceleration of trade liberalization. This paper analyzes the impact of the policy reforms on exchange rate pass-through into export prices using sectoral panel data (at...
Persistent link: https://www.econbiz.de/10005142018
This paper studies the pricing behavior of Indian exporters using both annual and monthly data in order to uncover the role of data frequency in determining variation in the degree of short and long-run exchange rate pass-through (ERPT). Export price data during the post-1991 economic reforms...
Persistent link: https://www.econbiz.de/10008474253
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Purpose – This paper aims to analyse the impact of globalization on the manufacturing operations of industries and industrial districts and how it influences the specialization and diversification of manufacturing decisions. Design/methodology/approach – The sample includes 9,684 Spanish...
Persistent link: https://www.econbiz.de/10014790027
This study estimates a quadratic sectoral wage equation for the member countries of the enlarged EU where wages are a function of each country's geographical location with respect to market size (new trade/New Economic Geography (NEG) effect), human capital (HOS endowment effect), and...
Persistent link: https://www.econbiz.de/10005505765
Trade between regions separated by a sea border is affected by specific transport costs that have not been considered by the border effects literature. Among these are the existence of a time barrier, the need to combine different transport modes, or to pay fees and taxes for the use of public...
Persistent link: https://www.econbiz.de/10011099960
This article provides empirical evidence of the role of spatial factors on the determination of inflation dynamics for a representative set of tradable commodities in Chile. We present a simple model that explains inflation divergence across regions in a monetary union with similar preferences...
Persistent link: https://www.econbiz.de/10010949524