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. 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 margin --- a quantitative victory for the Melitz framework. The … remaining 50% on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto …
Persistent link: https://www.econbiz.de/10012480847
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
countries increased their exports and the share of their production exported more rapidly than other firms did after 1982, while … indebted countries involved sharp reductions in local sales, often larger than the growth in exports …
Persistent link: https://www.econbiz.de/10012475619
simple evidence consistent with the existence of a link between the consumption of fruit and vegetables and high well … portions of fruit and vegetables. The pattern is remarkably robust to adjustment for a large number of other demographic …
Persistent link: https://www.econbiz.de/10012460192
We document three facts about the global diffusion of surveillance AI technology, and in particular, the role played by China. First, China has a comparative advantage in this technology. It is substantially more likely to export surveillance AI than other countries, and particularly so as...
Persistent link: https://www.econbiz.de/10014372433
inequality and international migration. This paper explores the skill premium and its link to exports in Latin America, thus … are important in explaining skill premiums. The analysis also suggests that the incidence of exports within industries … underlying industry and country characteristics that explain skill premiums. In particular, higher sectoral exports are …
Persistent link: https://www.econbiz.de/10011394540
Mexico's experience before and after trade liberalization presents a challenge to neoclassical trade theory. Though labor abundant, it nevertheless exported skill-intensive goods and protected labor-intensive sectors prior to liberalization. Post-liberalization, the relative wage of skilled...
Persistent link: https://www.econbiz.de/10012467789
This paper provides evidence on monopolistic competition models with endogenous technology by studying the effects of sectoral export variety on country productivity. The effects are estimated in a translog GDP function system based on data for 34 countries from 1982 to 1997. Country...
Persistent link: https://www.econbiz.de/10012467859
We analyze the impact of China's growth on the exports of other Asian countries. Our innovation is to distinguish the … disaggregate among commodity types and account for the endogeneity of Chinese exports. We confirm the tendency for China's exports … to crowd out the exports of other Asian countries. But this effect is felt mainly in markets for consumer goods and hence …
Persistent link: https://www.econbiz.de/10012467922
manufacturing firms. The data are unique in indicating how much each firm exports to each destination. Looking across all … exports to each destination into the size of the market and French share, variation in market share translates nearly …
Persistent link: https://www.econbiz.de/10012468349