-
作者：Lu, Yi; Tao, Zhigang; Zhang, Yan
作者单位：National University of Singapore; University of Hong Kong; Shanghai University of Finance & Economics
摘要：Using monthly transaction data covering all Chinese exporters over the 2000-2006 period, we investigate how Chinese exporters respond to U.S. antidumping investigations. We find that antidumping investigations cause a substantial decrease in the total export volume at the HS-6 digit product level, and that this trade-dampening effect is due to a significant decrease in the number of exporters, yet a modest decrease in the export volume per surviving exporter. We also find that the bulk of the ...
-
作者：Carluccio, Juan; Fally, Thibault
作者单位：European Central Bank; Bank of France; Paris School of Economics; University of Colorado System; University of Colorado Boulder
摘要：Does foreign entry improve host country productivity and welfare? Previous studies have looked at the role of backward linkages with domestic suppliers and their effects on domestic competitors. In this paper, we study how these externalities are affected by technological incompatibilities between foreign and domestic technologies. When foreign technologies require specialized inputs, some local suppliers self-select into production for multinational firms. A decrease in the cost of inputs com...
-
作者：Finicelli, Andrea; Pagano, Patrizio; Sbracia, Massimo
作者单位：European Central Bank; Bank of Italy
摘要：We analyze the foundations of the relationship between trade and average productivity in the Ricardian model. Under broad assumptions about the autarky distributions of industry productivities, trade openness raises average productivity. This is due to the selection effect of international competition - driven by comparative advantage - which makes some high- and many low-productivity industries exit the market We derive a model-based measure of this effect that requires only production and tr...
-
作者：Branstetter, Lee
作者单位：Carnegie Mellon University
-
作者：Chari, Anusha
作者单位：University of North Carolina; University of North Carolina Chapel Hill
-
作者：Dao, Mai Chi
作者单位：International Monetary Fund
摘要：This paper studies the international spillover effects of country-specific labor cost changes in the presence of labor market frictions. A two-country model with search frictions predicts that a cut in foreign labor costs leads to an increase in domestic employment, driven by a positive terms of trade effect on job creation. I find empirical evidence in support of this positive spillover effect, the terms of trade channel, and the dependence on the degree of labor market rigidity. This is done...
-
作者：Spearot, Alan C.
作者单位：University of California System; University of California Santa Cruz
摘要：This paper examines tariff liberalization within an environment of heterogeneous demand elasticities. Varieties produced at a lower cost (a) are imported at lower absolute demand elasticities and (b) earn higher revenues. By virtue of larger demand elasticities, low revenue varieties benefit the most from tariff liberalization. Further, if varieties are substitutable, low revenue varieties benefit at the expense of high revenue varieties. These predictions are confirmed using a case study of U...
-
作者：Djeutem, Edouard; Kasa, Kenneth
作者单位：Simon Fraser University
摘要：This paper studies exchange rate volatility within the context of the monetary model of exchange rates. We assume that agents regard this model as merely a benchmark, or reference model, and attempt to construct forecasts that are robust to model misspecification. We show that revisions of robust forecasts are more volatile than revisions of nonrobust forecasts, and that empirically plausible concerns for model misspecification can explain observed exchange rate volatility. We also briefly dis...
-
作者：Markusen, James R.
作者单位：University of Colorado System; University of Colorado Boulder
摘要：A major role for per-capita income in international trade, as opposed to simply country size, was persuasively advanced by many early economists including Linder (1961), Kuznets (1966), and Chenery and Syrquin (1975). Yet this crucial element of their story was abandon by most later trade economists in favor of the analytically-tractable but counter-empirical assumption that all countries share identical and homothetic preferences. This paper presents a set of assumptions which produces multip...
-
作者：Amiti, Mary; Cameron, Lisa
作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; Monash University
摘要：In this paper, we analyze the effect of reducing import tariffs on intermediate inputs and final goods on the wage skill premium within firms in Indonesia - a country with a high share of unskilled workers. We present a new finding that reducing input tariffs reduces the wage skill premium within firms that import their intermediate inputs. However, we do not find significant effects from reducing tariffs on final goods on the wage skill premium within firms. (C) 2012 Elsevier BM. All rights r...
