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I develop and implement a methodology for obtaining plant-level estimates of product quality from revenue and physical output data. Intuitively, firms that sell large quantities of output conditional on price are classified as high quality producers. I use this method to decompose cross-plant...
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In this paper, I quantify the impact of price variability on homogeneous intermediate goods imports. In product-level data, I find a country's share of US imports is decreasing in the level and the variance of its unit price. This finding is consistent with a model of sourcing decisions in which...
Persistent link: https://www.econbiz.de/10013002122
This paper uses data on U.S. manufacturing establishments to study the spatial real- location of resources that takes place within surviving firms as they open and close establishments in different regions. To motivate the empirical analysis, I extend existing models of industry dynamics to...
Persistent link: https://www.econbiz.de/10012971772
This paper quantifies the separate contributions of product quality and technical efficiency in explaining variation in export outcomes across U.S. manufacturing plants. Unlike previous plant-level studies that rely on unit values, I obtain direct measures of idiosyncratic demand from price and...
Persistent link: https://www.econbiz.de/10013037543
The impact of international trade, or “openness”, on economic growth is difficult to quantify because of reverse causality. In this paper, I use recent advances in gravity equation estima- tion to generate a geography-based instrument for openness a la Frankel and Romer (1999). In contrast...
Persistent link: https://www.econbiz.de/10013065590
This paper develops a framework for studying the general equilibrium effects of endogenous quality upgrading, a new margin of trade, on the welfare impact of trade liberalization. Unlike Fajgelbaum et al. (2011) which studies the effect of non homothetic preferences on output quality and...
Persistent link: https://www.econbiz.de/10013065591