G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13847
DP13847 Technology-induced Trade Shocks? Evidence from Broadband Expansion in France
Thierry Mayer; Clément Malgouyres; Clément Mazet-Sonilhac
发表日期2019-07-08
出版年2019
语种英语
摘要In this paper, we document the presence of ''technology-induced'' trade in France between 1997 and 2007 and assess its impact on consumer welfare. We use the staggered roll-out of broadband internet to estimate its causal effect on the importing behavior of affected firms. Using an event-study design, we find that broadband expansion increases firm-level imports by around 25%. We further find that the ''sub-extensive'' margin (number of products and sourcing countries per firm) is the main channel of adjustment and that the effect is larger for capital goods. Finally, we develop a model where firms optimize over their import strategy and which yields a sufficient statistics formula for the quantification of the effects of broadband on consumer welfare. Interpreted within this model, our reduced-form estimates imply that broadband internet reduced the consumer price index by 1.7% and that the import-channel, i.e. the enhanced access to foreign goods that is allowed by broadband, accounts for a quarter of that effect.
主题International Trade and Regional Economics
关键词Internet Trade Imports Consumer welfare
URLhttps://cepr.org/publications/dp13847
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/542723
推荐引用方式
GB/T 7714
Thierry Mayer,Clément Malgouyres,Clément Mazet-Sonilhac. DP13847 Technology-induced Trade Shocks? Evidence from Broadband Expansion in France. 2019.
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