Trade adjustment and productivity in large crisis
Trade Adjustment and Productivity in Large Crises Gita Gopinath Harvard University and NBER Brent Neiman University of Chicago and NBER May 7, 2012 Abstract We empirically characterize the mechanics of trade adjustment during the Argen-tine crisis using detailed transaction-level customs data covering the universe of import transactions during various forms of extensive margin adjustment are at business cycle frequencies, particularly in the context of a large crisis.2 We nd the following facts for the Argentine crisis. First, the number of rms that exit the import market is large, but when weighted by value these exits explain a small share of the decline in imports. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed transaction-level customs data covering the universe of import transactions during 1996-2008. Though imports collapsed by nearly 70 percent from 2000-2002, the entry and exit of firms or products at the country Trade Adjustment and Productivity in Large Crises by Gita Gopinath and Brent Neiman. Published in volume 104, issue 3, pages 793-831 of American Economic Review, March 2014, Abstract: We empirically characterize the mechanics of trade adjustment during the Argentine crisis. Though imports collapsed
inputs—which constitute the majority of world trade—on firm productivity. Studies show that “Trade Adjustment and Productivity in Large Crises.” Amer-.
We build a model of trade in intermediate inputs with heterogeneous firms, fixed import costs, and roundabout production. Import demand is non-homothetic and the implications of an import price shock depend on the full distribution of firm-level adjustments. An import price shock generates a significant decline in productivity. en_US Trade Adjustment and Productivity in Large Crises. FRB of Boston Working Paper No. 11-9 Number of pages: 60 Posted : 18 We empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed firm-level customs data covering the universe of import transactions during 1996-2008. Our main findings are as Trade adjustment and productivity in large crises. Gita Gopinath and Brent Neiman () . No 11-9, Working Papers from Federal Reserve Bank of Boston Abstract: The authors empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed firm-level customs data covering the universe of import transactions made during 1996-2008. Trade Adjustment and Productivity in Large Crises Gita Gopinath Brent Neiman Department of Economics Booth School of Business Harvard University and NBER University of Chicago and NBER Online Appendix May 2013 Appendix A: Derivation of Equations for Productivity Derivation of Equation (8)
"Trade Adjustment and Productivity in Large Crises" (with Gita Gopinath) American Economic Review, 2014, 104(3), p.793-831. Appendix: Online Appendix.
"Europe's Growth Model in Crisis" is the article by Indermit Gill, Martin Raiser and Looking at six main elements of the model—trade, finance, enterprise, For an increasingly large number of people in Europe—especially its youth—, this has With declining or sluggish productivity, adjustment in competitiveness has had
Also the adjustment in the current account has been large. late 1980s occurred against the background of rapid growth in a major trade partner, the UK. Bulgaria as there had been a boom in productive investment rather than in property.
larger trade adjustment episode using the Argentine experience and speci cally evaluate the implications of these ndings for productivity. Second, it is related to the literature that evaluates the impact of imported interme-diate inputs on productivity. See, for instance, Amiti and Konings (2007) and Goldberg, Trade Adjustment and Productivity in Large Crises1 By Gita Gopinath and Brent Neiman* We empirically characterize the mechanics of trade adjustment during the Argentine crisis. Though imports collapsed by 70 percent from 2000 to 2002 , the entry and exit of firms or products at the country level played a small role. The within-firm churning of imported Trade Adjustment and Productivity in Large Crises Gita Gopinath Harvard University and NBER Brent Neiman University of Chicago and NBER May 7, 2012 Abstract We empirically characterize the mechanics of trade adjustment during the Argen-tine crisis using detailed transaction-level customs data covering the universe of import transactions during various forms of extensive margin adjustment are at business cycle frequencies, particularly in the context of a large crisis.2 We nd the following facts for the Argentine crisis. First, the number of rms that exit the import market is large, but when weighted by value these exits explain a small share of the decline in imports. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed transaction-level customs data covering the universe of import transactions during 1996-2008. Though imports collapsed by nearly 70 percent from 2000-2002, the entry and exit of firms or products at the country
Aug 11, 2014 Gopinath, Gita, and Brent Neiman. 2013. “Trade Adjustment and Productivity in Large Crises.” American Economic Review 104 (3): 793-831.
CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed transaction-level customs data covering the universe of import transactions during 1996-2008. Though imports collapsed by nearly 70 percent from 2000-2002, the entry and exit of firms or products at the country Trade Adjustment and Productivity in Large Crises by Gita Gopinath and Brent Neiman. Published in volume 104, issue 3, pages 793-831 of American Economic Review, March 2014, Abstract: We empirically characterize the mechanics of trade adjustment during the Argentine crisis. Though imports collapsed Trade Adjustment and Productivity in Large Crises. We empirically characterize the mechanics of trade adjustment during the Argentine crisis using detailed firm-level customs data covering the Trade Adjustment and Productivity in Large Crises Gita Gopinath, Brent Neiman. NBER Working Paper No. 16958 Issued in April 2011, Revised in May 2013 NBER Program(s):Economic Fluctuations and Growth Program, International Finance and Macroeconomics Program, International Trade and Investment Program, Productivity, Innovation, and Entrepreneurship Program
†Division of International Finance, Trade and Financial Studies. Email: albert. queralto@frb.gov. 1 “Trade Adjustment and Productivity in Large Crises,” mimeo. These features of export dynamics pose a challenge for standard static trade 2011, "Trade Adjustment and Productivity in Large Crises," Working Paper. Nov 6, 2018 During the global financial crisis of 2008–2009 the decline in world imports and 2016) and inventory adjustment (Alessandria et al. Nevertheless, they still leave a large part of the great trade collapse and the of demand and productivity shocks on trade and generate trade income elasticities of 1.3. Also the adjustment in the current account has been large. late 1980s occurred against the background of rapid growth in a major trade partner, the UK. Bulgaria as there had been a boom in productive investment rather than in property. "Europe's Growth Model in Crisis" is the article by Indermit Gill, Martin Raiser and Looking at six main elements of the model—trade, finance, enterprise, For an increasingly large number of people in Europe—especially its youth—, this has With declining or sluggish productivity, adjustment in competitiveness has had