Showing 1 - 10 of 1,358
Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a … period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases … attributable to growth in the quality of Chinese exports and the increase in new products being exported by China …
Persistent link: https://www.econbiz.de/10012759379
markets and that charge higher export prices import more expensive inputs. Third, across destinations within a firm …This paper establishes six stylized facts about firms' export prices using detailed customs data on the universe of … each destination, have bigger worldwide sales, and enter more markets. Second, firms that export more, that enter more …
Persistent link: https://www.econbiz.de/10013156418
's producers to upgrade the quality of the goods that they export. The paper first documents two stylized facts regarding the … effect of trade liberalization on export prices and its relation with product differentiation. Next, the paper develops a … that a reduction in the import tariff induces an incumbent importer/exporter to increase the quality of its exports and to …
Persistent link: https://www.econbiz.de/10013050171
The microdata underlying U.S. import and export price indexes exhibit frequent product turnover and highly rigid prices … "product replacement bias" and quantify its importance using U.S. microdata on import and export prices. We show that …, accounting for product replacement bias, long-run exchange rate "pass-through" into U.S. import and export price indexes is …
Persistent link: https://www.econbiz.de/10013150912
We develop a method for decomposing countries' observed export prices into quality versus quality …-adjusted-price components using information contained in their trade balances. Holding observed export prices constant, countries with surpluses …
Persistent link: https://www.econbiz.de/10012772741
The unit values of internationally traded goods are heavily influenced by quality. We model this in an extended monopolistic competition framework where, in addition to choosing price, firms simultaneously choose quality. We allow countries to have non-homothetic demand for quality. The optimal...
Persistent link: https://www.econbiz.de/10013090428
Modern trade models attribute the dispersion of international prices to physical and man-made barriers to trade, to the pricing-to-market by heterogeneous producers and to differences in the quality of output offered by firms. This paper presents a tractable general equilibrium model that...
Persistent link: https://www.econbiz.de/10013310238
-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led …We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
explanation is that Indian pharmaceutical firms and/or their export intermediaries do indeed differentiate drug quality according …
Persistent link: https://www.econbiz.de/10013312516
Economists emphasize two channels through which import liberalization affects productivity, one operating between and … the other within firms. According to the former, import competition triggers market share reallocations between domestic … to 2002. First, in the long run, import liberalization lowers productivity in domestic industries through selection. This …
Persistent link: https://www.econbiz.de/10012771670