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This study examines the marginal effects of traditional determinants of exports and imports with a focus on the role of price competitiveness in restoring external balances. It is a first attempt to compare marginal effects of various harmonised competitiveness indicators (HCIs) on both exports...
Persistent link: https://www.econbiz.de/10015301946
This study examines the marginal effects of traditional determinants of exports and imports with a focus on the role of price competitiveness in restoring external balances. It is a first attempt to compare marginal effects of various harmonised competitiveness indicators (HCIs) on both exports...
Persistent link: https://www.econbiz.de/10011067267
export markets. To date, the analysis of demand factors has received much less attention. We propose a new model where …
Persistent link: https://www.econbiz.de/10015301967
Persistent link: https://www.econbiz.de/10015301968
The paper proposes a theoretical framework for explaining gains and losses in export market shares by considering both …
Persistent link: https://www.econbiz.de/10015302506
Growing current account imbalances within the euro area between 1999 and 2007 were not driven by divergences in export … shock but a symptom and they were not necessarily associated with losses in export competitiveness. In this policy brief, we … the disjunction between traditional measures of cost competitiveness (aggregate ULCs) and export performance. …
Persistent link: https://www.econbiz.de/10015304332
international export performance at the firm level. To this end, we use Belgian firm-level data for the period 1999-2010 to analyze … the impact of unit labor costs on exports. We use exports adjusted for their import content. We find a statistically … significant negative effect of unit labor costs on export performance of firms with an estimated elasticity of the intensive …
Persistent link: https://www.econbiz.de/10015298611
The paper investigates the link between domestic demand pressure and exports by considering an error correction dynamic panel model for eleven euro area countries over the last two decades. The results suggest that there is a statistically significant substitution effect between domestic and...
Persistent link: https://www.econbiz.de/10015298661
and export performance among European economies. We use the information compiled in the Trade module of CompNet to …-exporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much more …
Persistent link: https://www.econbiz.de/10015301279
This paper argues that, under certain conditions, firms consider export activity as a substitute of serving domestic … restrictions as additional variables of a properly specified export equation. As an innovation to the literature, we assess the …
Persistent link: https://www.econbiz.de/10015301900