| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7317 |
| DP7317 Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements | |
| Henrik Horn; André Sapir; Petros C. Mavroidis | |
| 发表日期 | 2009-06-07 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Investigations of the effect of quality differences on heterogeneous performance in exporting have been limited by lack of direct measures of quality. We examine exports of French wine, matching the exporting firms to producer ratings from two wine guides. We show that high quality producers export to more markets, charge higher prices, and sell more in each market. More attractive markets are served by exporters that, on average, make lower rated Champagne. Market attractiveness has a weakly negative effect on prices and a strongly positive effect on quantities, confirming the sign predictions of a simple quality sorting model. Methodologically, we make several contributions to the literature. First, we propose an estimation method for regressions of firm-level exports on ability measures and use Monte Carlo simulations to show that it corrects a severe selection bias present in OLS estimates. Second, we show how the means of quality, price, and quantity for exporters to a given market can be used to recover estimates of core parameters (which we compare with firm-level estimates) and discriminate between productivity and quality-sorting versions of the Melitz model. Our new method regresses country means on an index of each country's attractiveness and the fixed costs of entering it. We compare our method, which utilizes explanatory variables estimated in the firm-level regressions, to the conventional approach that relies on a reduced-form relationship with proxies for attractiveness and fixed costs. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Gravity Heterogeneity Quality Trade |
| URL | https://cepr.org/publications/dp7317 |
| 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/536148 |
| 推荐引用方式 GB/T 7714 | Henrik Horn,André Sapir,Petros C. Mavroidis. DP7317 Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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