Why Exports Adjust: Missing Imported Inputs or Lack of Credit?
نویسندگان
چکیده
منابع مشابه
The Connection between Imported Intermediate Inputs and Exports: Evidence from Chinese Firms
We use data on Chinese manufacturing firms to study the connection between individual firm imports and firm export outcomes. Since our panel covers the years 2002 to 2006, we can use changes in import tariffs associated with China’s WTO entry as instruments. Our regression results show that firms that expanded their intermediate input imports expanded the volume of their exports and increased t...
متن کاملPrediction with Missing Inputs
For the purposes of this paper, data mining involves: Predictive modeling (Estimating parameters is not of major interest) Nonnormal data with nonlinear relationships Large data sets This paper will not cover issues regarding small data sets, such as Bayesian predictive distributions, or tree-based models, for which specialized methods are available for handling missing data. Missing data are a...
متن کاملForeign competition, imported inputs and firms’ decisions
We extend the trade model with firm heterogeneity developed by Melitz and Ottaviano (2008), incorporating domestic and imported intermediate goods, in order to investigate the impact of import barriers on final and intermediate goods on firms’ decisions to produce and to export. Our main contribution is to disentangle the channels through which these trade policies work. When variable trade cos...
متن کاملImported Inputs , Quality Complementarity , and Skill Demand ∗
This paper analyzes how access to imported inputs affects firms in developing countries, where domestically produced high-quality inputs are relatively costly. We build an O-Ring type model with quality complementarity across input tasks, ranking tasks by their qualitysensitivity. Because high-quality inputs are relatively cheap in international markets, firms use these instead of domestic inpu...
متن کاملCredit Constraints and Decisions in Exports: Theory under Asymmetric Information
This paper examines why credit constraints for domestic and exporting firms arise in a setting where banks do not observe firms’ productivities. To maintain incentive-compatibility, banks lend below the amount needed for first-best production. The longer time needed for export shipments induces a tighter credit constraint on exporters than on purely domestic firms, even in the exporters’ home m...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3259660