Trade costs
Trade Costs and International Strategy of Firms: the Role of Endogenous Product Differentiation
... when trade costs are high enough, the multinational becomes a monopoly in its domestic market, and it also becomes a multi-product firm (with one different variety per country) to benefit from its domestic ...
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Variable Trade Costs, Composition Effects and the Intensive Margin of Trade
... specific trade liberalization episode, but rather provides a systematic analysis of the relationship between the variations in tariffs and firm-level exports, ...variable trade costs ...variable ...
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How do Multiproduct Exporters React to a Change in Trade Costs?
... symmetric trade liberalization be- tween Mexico and the ...to trade costs and ...Free Trade Agreement (CUSFTA) in 1989, the US firms most exposed to trade liberalization concentrated on ...
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Trade costs and the Home Market Effect
... eliminate trade in ...When trade costs in A as sufficiently large, industry M cannot expand more than proportionally because industry A cannot release ...no trade in A, domestic produc- tion ...
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Variable Trade Costs, Composition Effects and the Intensive Margin of Trade
... of trade with heterogenous firms have provided new channels through which trade openness may affect welfare ( Melitz and Redding , 2013 ...variable trade costs are predicted to modify the ...
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Trade costs and democracy
... to trade disproportionately more with one ...transport costs β ji ...transaction costs. Our aim is to econometrically check that transaction costs have a differentiated impact on bilateral ...
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Essays in international trade : international fragmentation of production and trade costs
... our model and combined with our new measure of spatial distribution of language, we perform new policy-relevant counterfactuals to evaluate the impact of both between and within country language diversity. The first ...
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Comment: Inferring Trade Costs from Trade Booms and Trade Busts
... bilateral trade flows to intranational trade allows to integrate Anderson and van Wincoop (2003)’s caveat against omitted variable bias while getting rid of multilateral trade ...multilateral ...
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The trade costs of financial crises
... disaggregate trade costs by type of goods and ...that trade in manufactured goods drives the collapse of trade during financial crises, they leave unexplained between 8 and 55% of the drop of ...
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On trade creation and regional trade agreements: does depth matter?
... free trade area, customs union (CU) and common market ...deeper trade integration, because each additional step of regional integration would reduce further intra- regional trade ...trade ...
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Trade effects of Regional Trade Agreements : trade creation and trade diversion within the Western Hemisphere
... the trade flows, while Aitken (1973) was one of the first applying this approach to analyze the ...in trade patterns due to regionalism in two distinct ...examine trade flows after the RTA has been ...
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Independence and trade: new evidence from French colonial trade data
... regards trade with the rest of the world, colonies belonging to the French customs territory applied the metropolitan tariffs and other colonies gen- erally applied their own tariffs (that could be nil as in the ...
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Independence and trade: new evidence from French colonial trade data
... regards trade with the rest of the world, colonies belonging to the French customs territory applied the metropolitan tariffs and other colonies gen- erally applied their own tariffs (that could be nil as in the ...
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The costs and benefits of leaving the EU: trade effects
... librium trade model which covers 31 sectors and aggregates the world into 35 ...in trade costs and calculating how each scenario affects welfare as measured by real consumption per ...
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Explaining Trade Flows: Traditional and New Determinants of Trade Patterns
... international trade seeks to establish whether the predictions of factor abundance theory match with the ...and trade in goods (commodity version of Hecksher-Ohlin) provide mildly encouraging empirical ...
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Simple Bounds for Transaction Costs
... Transaction costs, such as bid-ask spreads, are a salient feature of even the most liquid financial ...and costs of trading. Indeed, with transaction costs, the position in each asset is no longer a ...
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Heating up, holding down costs
... lowering costs Traditionally, the evaluation of the performance indices of fenestration prod- ucts was achieved by subjecting the prod- ucts to a series of tests in a controlled envi- ronment ...
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Agency Costs of Overvalued Equity
... 2 “We do not want to maximize the price at which Berkshire shares trade. We wish instead for them to trade in a nar- row range centered at intrinsic business value…. Charlie Munger and I are bothered as ...
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Emerging Markets and Trading Costs
... for shareholders and new regulations for shareholder protection were in- stalled. The reforms were to a large extent anticipated. Indeed, since 1989 the country embarked on several reform programs which a ected many ...
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Inflation, budgeting and construction costs
... This publication could be one of several versions: author’s original, accepted manuscript or the publisher’s version. / La version de cette publication peut être l’une des suivantes : l[r] ...
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