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The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...
Persistent link: https://www.econbiz.de/10012480847
This paper studies how a positive export shock -- the sharp increase in garment-sector exports that began at the end of … exogenous to Bangladesh, the authors instrument export demand with OECD imports to ensure identification. The paper compares … predictions from long-run, general-equilibrium neoclassical trade theory. As in other studies, this paper finds that the export …
Persistent link: https://www.econbiz.de/10012839869
in developing countries. Descriptive statistics confirm higher export participation (but not intensity) for firms in core … and agglomeration factors have a significant impact on export participation. Specifically, customs clearance and … electricity quality matter for export participation for manufacturing firms. Although localization economies and export spillovers …
Persistent link: https://www.econbiz.de/10012975795
The authors estimate the impact of aggregate indicators of "soft" and "hard" infrastructure on the export performance … trade facilitation reforms do improve the export performance of developing countries. This is particularly true with …
Persistent link: https://www.econbiz.de/10012976604
two time series to serve as indicators of broader changes rather than considering the export sector as a whole. Here we … present new comprehensive export measures for the middle colonies. We find that aggregate exports in constant prices grew very … trade increased the colonists' ability to buy imports over time, especially after 1740. Although the export sector performed …
Persistent link: https://www.econbiz.de/10012464314
Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
Persistent link: https://www.econbiz.de/10012459290
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)? And how does this affect the estimation and quantitative implications of the Melitz (2003)...
Persistent link: https://www.econbiz.de/10012908917
that changes in various extensive margins (new markets, new goods) account for over 30 percent of export growth over this …-level characteristics interacting with destination-specific characteristics. We confirm that export growth for "new" products was stronger …
Persistent link: https://www.econbiz.de/10012455200