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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7208 |
DP7208 The Misfortune of Non-financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks | |
Shang-Jin Wei; Hui Tong | |
发表日期 | 2009-03-08 |
出版年 | 2009 |
语种 | 英语 |
摘要 | The paper assesses the trade-creating impact of foreign-born residents on the international imports and exports of the French regions where they are settled. The pro-trade effect of immigrants is investigated along two intertwined dimensions: the complexity of traded goods and the quality of institutions in partner countries. The trade-enhancing impact of immigrants is, on average,more salient when they come froma country with weak institutions. However, this positive impact is especially large on the imports of simple products. When we turn to complex goods, for which the information channel conveyed by immigrants is the most valuable, immigration enhances imports regardless of the quality of institutions in the partner country. Regarding exports, immigrants substitute for weak institutions on both simple and complex goods. |
主题 | International Trade and Regional Economics |
关键词 | Gravity Immigration Product complexity Quality of institutions Trade |
URL | https://cepr.org/publications/dp7208 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536043 |
推荐引用方式 GB/T 7714 | Shang-Jin Wei,Hui Tong. DP7208 The Misfortune of Non-financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks. 2009. |
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