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We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries' market shares into the contribution of the number of firm-products, their average...
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-wage countries reduces costs allowing exporters to compete on price. Second, we find that Germany is the leading quality exporter in …, Germany's exports are less vulnerable to price increases, while exports from France and Italy respond strongly to price …
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