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detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export …
Persistent link: https://www.econbiz.de/10013053831
This paper establishes six stylized facts about firms' export prices using detailed customs data on the universe of Chinese trade flows. First, across firms selling a given product, exporters that charge higher prices earn greater revenues in each destination, have bigger worldwide sales, and...
Persistent link: https://www.econbiz.de/10013156418
Experts claim that some Indian drug manufacturers cut corners and make substandard drugs for markets with non-existent, under-developed or emerging regulatory oversight, notably Africa. This paper assesses the quality of 1470 antibiotic and tuberculosis drug samples that claim to be made in...
Persistent link: https://www.econbiz.de/10013312516
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find …
Persistent link: https://www.econbiz.de/10012758414
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Bigger economies with lower trade costs are more attractive markets because they offer higher export...
Persistent link: https://www.econbiz.de/10013085496
We use data on Chinese manufacturing firms to study the connection between individual firm imports and firm export outcomes. Since our panel covers the years 2002 to 2006, we can use changes in import tariffs associated with China's WTO entry as instruments. Our regression results show that...
Persistent link: https://www.econbiz.de/10013103048
The fragmentation of production across borders allows firms to make and export final goods, or to perform only intermediate stages of production by processing imported inputs for re-exporting. We examine how financial frictions affect companies' choice between processing and ordinary trade –...
Persistent link: https://www.econbiz.de/10013065018
This paper studies price and quality differences across international intermediate input suppliers. We develop price … (frictional) price dispersion across suppliers. Using uniquely detailed transaction- level data from the semiconductor industry …, we document large average price differences across suppliers for observationally identical products, and find that price …
Persistent link: https://www.econbiz.de/10013062082
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10012769644
Trade in intermediate inputs allows firms to lower their costs of production by using better, cheaper, or novel inputs from abroad. Quantifying the aggregate impact of input trade, however, is challenging. As importing firms differ markedly in how much they buy in foreign markets, results based...
Persistent link: https://www.econbiz.de/10013016654