Sourcing foreign inputs to improve firm performance

Maria Bas, Vanessa Strauss-Kahn, 14 July 2014

a

A

Should trade policy fight or promote imports of intermediate inputs? While several studies have shown the recent increase in imports of intermediate goods, their role in shaping domestic economies is not yet completely understood. Following the work of Feenstra and Hanson (1996), a large literature focuses on the impact of imported intermediate inputs on employment and inequality.

Topics: International trade
Tags: employment, exports, global value chains, imports, Inequality, Intermediate inputs, outsourcing, productivity, trade, wages

Globalisation, job security, and wages

Kerem Cosar, Nezih Guner, James R Tybout, 7 July 2014

a

A

How does increased openness to international trade affect workers’ wages and job security? This question is central to the public debate concerning the effects of globalisation, but convincing quantitative answers have been difficult to come by. One fundamental reason is that major trade liberalisation episodes have often coincided with labour reforms (Heckman and Pages 2004).

Topics: International trade, Labour markets
Tags: Colombia, exports, globalisation, Inequality, job security, labour market reforms, productivity, trade liberalisation, unemployment, wages

Eurozone external adjustment and real exchange rate movements: The role of firm productivity distribution

Filippo di Mauro, Francesco Pappadà, 2 June 2014

a

A

A corollary of the Eurozone crisis has been an unusually large current-account surplus for the Eurozone as a whole, resulting from a combination of strong external demand and rapid readjustment of external accounts in the Eurozone countries that had previously accumulated large imbalances.

Topics: Europe's nations and regions, Exchange rates
Tags: eurozone, exchange rates, exports, imbalances, productivity, rebalancing

High-end variety exporters defying distance: Macro implications

Julien Martin, Florian Mayneris, 4 December 2013

a

A

Vox columns by Peter Schott (2007) and Fontagné et al. (2008) have argued that developed countries specialise in the production of high-end varieties – expensive varieties of a product which have specific attributes such as reputation, branding, or quality that make them appealing to consumers in spite of their higher price.

Topics: International trade
Tags: exports, France, luxury goods, trade

Exports and property prices: Are they connected?

Balázs Égert, Rafał Kierzenkowski, 2 October 2013

a

A

A marked decline in France’s export-market shares

Topics: Europe's nations and regions, International trade
Tags: exports, France, housing, real estate

Export-market exit during the crisis: Evidence from the UK

Holger Görg, Marina-Eliza Spaliara, 13 September 2013

a

A

International trade declined dramatically during the Global Crisis (WTO 2012). Economists have offered various explanations for this (see Baldwin 2009):

Topics: Europe's nations and regions, International trade
Tags: exports, UK

When Harry meets Sally: The buyer margins of firms’ exports

Jerónimo Carballo, Gianmarco I.P. Ottaviano, Christian Volpe Martincus, 11 September 2013

a

A

Locating a buyer is one of the most important barriers for firms trying to penetrate new markets (e.g., Kneller and Pisu 2011). Investment in gathering these data may be socially suboptimal because information can spill over to other companies. Unsurprisingly, governments around the world implement programmes to help firms find buyers.

Topics: International trade
Tags: export buyers, exports

Preparing to export

Danielken Molina, Marc Muendler, 27 May 2013

a

A

Exporting is an essential feature of strategies for economic development for very good reasons. A large body of empirical evidence shows that exporters are larger, more productive, pay higher wages and hire more skilled workers (Bernard and Jensen 1995). But do firms move from local sales to export sales? What choices do firms make in preparation for exporting?

Topics: Development
Tags: exports, firms, Labour Markets

Why do large movements in exchange rates have small effects on international prices?

Mary Amiti, Oleg Itskhoki, Jozef Konings, 19 February 2013

a

A

Exchange rate moves have surprisingly small effects on prices. This apparent ‘disconnect’ is one of the central puzzles in international macroeconomics. It is also a continual headache for policymakers who rely on exchange rates to accommodate the adjustment of global (current account) imbalances.

Topics: Exchange rates
Tags: competitiveness, euro, Eurozone crisis, exports, imports

The real exchange rate and export growth: Are services different?

Barry Eichengreen, Poonam Gupta, 18 January 2013

a

A

The role of exports in economic growth and, in turn, of the real exchange rate in export promotion features prominently in literature on development and globalisation (Rodrik 2009, Haddad and Pancaro 2010). Much of this literature dates, however, from an era when ‘exports’ meant ‘exports of merchandise‘.

Topics: Exchange rates, International trade
Tags: exchange rates, exports, services

Vox eBooks