| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10931 |
| DP10931 Quality and the Great Trade Collapse | |
| Natalie Chen; Luciana Juvenal | |
| 发表日期 | 2015-11-08 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is large: up to nine percentage points difference in trade performance can be explained by the quality composition of exports. This flight from quality was triggered by a fall in aggregate demand, was more acute when households could substitute imports by domestic alternatives, and was stronger for smaller firms' exports. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Exports Heterogeneity Multi-product firms Quality Trade collapse Unit values Wine |
| URL | https://cepr.org/publications/dp10931 |
| 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/539761 |
| 推荐引用方式 GB/T 7714 | Natalie Chen,Luciana Juvenal. DP10931 Quality and the Great Trade Collapse. 2015. |
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