— We use panel data consisting of 96 countries and covering the period 1960–2000 to investigate the effects of free trade agreements (FTAs) and hub-and-spoke systems of FTA on exports. Our empirical results imply an annual growth rate of 5.57% in exports and hence a doubling of exports after 12.4 years between FTA partners. Non-overlapping FTAs account for 4.12%, while hub-andspoke FTAs account...

Drawing on a new and comprehensive measure of logistics quality, our gravity model suggests logistics in the exporting and partner-country can have an important impact on bilateral exports. A one standard deviation improvement in the exporter’s logistics quality, which for example would improve Gabon to the level of Guinea, would raise exports by almost 60%. Landlocked countries’ exports depend...

A recent survey of 54 micro-econometric studies reveals that exporting firms are more productive than non-exporters. On the other hand, previous empirical studies show that exporting does not necessarily improve productivity. One possible reason for this result is that most previous studies are restricted to analysing the relationship between a firm’s export status and the growth of its labour ...

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The world’s largest retailers—Walmart, Carrefour, Tesco, and Metro—all entered China after 1995. They established hundreds of stores as well as centers for procuring goods to be sold worldwide. Multinational retailers may affect Chinese exports through two channels. First, they could inform outlets in other countries where they operate about the products offered by local Chinese suppliers, ther...

With the real exchange rate elasticity of processing net exports being positively related to the processing trade intensity, the modified Marshall-Lerner condition states that a real exchange rate appreciation tends to increase rather than reduce net exports, as long as the composite export elasticity with respect to import via the real exchange rate is sufficiently large. The estimated cointeg...

French Polynesia exports more than 90 per cent of its pearl production, making it the world’s largest exporter of Tahitian black pearls. Tahitian black pearl exports are therefore crucial for the Tahitian economy as they accounted for an average of 50 per cent of total export earnings, for the latest data available, for the years 2004, 2005, and 2006. This means that export performance not only...

We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we find that changes in firm-country-product exports and imports occurred mostly at the intensive margin: the number of firms, the average number of destination and origin markets per firm, and the average number of products per market changed only very little. Second, econometric a...

To reduce the health security risk and impact of outbreaks around the world, the US Centers for Disease Control and Prevention and its partners are building capabilities to prevent, detect, and contain outbreaks in 49 global health security priority countries. We examine the extent of economic vulnerability to the US export economy posed by trade disruptions in these 49 countries. Using 2015 US...