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-2011, we empirically establish that exogenous shocks to export demand and import competition both generate large aggregate … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the … former also shifts activity towards more productive firms, while the latter acts in reverse; (ii) Both export and import …
Persistent link: https://www.econbiz.de/10012301837
direct measures of product variety calculated from 6-digit OECD export and import data. Although the issue is still far from …
Persistent link: https://www.econbiz.de/10014399925
This paper presents new estimates of export and import equations for Argentina, using a broader set of variables than …
Persistent link: https://www.econbiz.de/10014401657
trade flows. Econometric estimates of export and import equations provide evidence that trade flows have indeed become …
Persistent link: https://www.econbiz.de/10014403429
The World Economic Outlook (WEO) is a key source of forecasts of global economic conditions. It is therefore important to review the performance of these forecasts against both actual outcomes and alternative forecasts. This paper conducts a series of statistical tests to evaluate the quality of...
Persistent link: https://www.econbiz.de/10014401878
The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in...
Persistent link: https://www.econbiz.de/10014411209
by country and commodity, the present study shows that the increase in net food import costs are likely to be smaller …
Persistent link: https://www.econbiz.de/10014395317
elasticity of imports is much greater than that in the long run, suggesting that import substitution may have been an important … factor over the sample period. The forecasting ability of a conventional partial adjustment import function is then compared …
Persistent link: https://www.econbiz.de/10014398203
Persistent link: https://www.econbiz.de/10010388634
Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to domestic prices, this paper zooms in to study the pass-through of imported input costs to domestic producer prices. Our approach constructs effective input price indices from...
Persistent link: https://www.econbiz.de/10011436732