Showing 1 - 10 of 137
In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to … dynamic trade model with both direct and indirect exporting modes and customer accumulation. The model is calibrated to match … trade in Vietnam are generated by indirect exporters. Finally, I demonstrate that a dynamic model that excludes the indirect …
Persistent link: https://www.econbiz.de/10012843294
bilateral distance, tariffs, and the quality of their exports. Under the assumption that trade costs are both ad valorem and per …
Persistent link: https://www.econbiz.de/10012836103
Literature on whether government spending crowds out or crowds in the private sector is large, but still without an unambiguous conclusion. Using firm-level data from Ukraine, this paper provides a granular empirical investigation to disentangle the impact of state-owned enterprises (SOEs) on...
Persistent link: https://www.econbiz.de/10012869291
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and … service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade … accounting for granular commodity production and trade linkages leads to underestimation of the output losses associated with …
Persistent link: https://www.econbiz.de/10014358436
trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity … multilateral resistance terms with which to capture the comparative static effects of changes in trade costs. For isolated … bilateral changes in trade frictions, multilateral resistance effects are small for most countries. However, if all countries …
Persistent link: https://www.econbiz.de/10013085999
This paper investigates theoretically and empirically the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real depreciation and with quality, leading to more...
Persistent link: https://www.econbiz.de/10013055677
economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from …
Persistent link: https://www.econbiz.de/10013252019
could undermine LAC's competitive advantage in some export markets. In this context, reduction of trade barriers and further …
Persistent link: https://www.econbiz.de/10013252045
This paper explores the interaction between corporate ownership concentration and privatesavings, and by extension, the current account balance in Germany. As high corporate savingslargely reflected capital income accruing to wealthy households and increasingly retained inclosely-held firms, the...
Persistent link: https://www.econbiz.de/10012828236
Using cross-country national accounts and firm-level data, we document a broad-based trend in rising gross saving and net lending of non-financial corporates across major industrialized countries over the last two decades, though most pronounced in countries with persistent current account...
Persistent link: https://www.econbiz.de/10012892932