| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26314 |
| 来源ID | Working Paper 26314 |
| Trade Flows and Exchange Rates: Importers, Exporters and Products | |
| Michael B. Devereux; Wei Dong; Ben Tomlin | |
| 发表日期 | 2019-09-30 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Using highly-disaggregated transaction-level trade data, we document the importance of new firm-level trade partner relationships and the addition of new products to existing relationships in driving long-run import flows. Moreover, we find that these margins are sensitive to movements in the exchange rate. We rationalize these findings in a model of international trade with endogenous matching between heterogenous importers and exporters. Simulations of the model highlight a new channel through which exchange rate movements can affect trade—through the short-run formation of new trade relationships and the range of products traded within relationships, which can impact long-run flows. |
| 主题 | International Economics ; Trade ; International Macroeconomics |
| URL | https://www.nber.org/papers/w26314 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583986 |
| 推荐引用方式 GB/T 7714 | Michael B. Devereux,Wei Dong,Ben Tomlin. Trade Flows and Exchange Rates: Importers, Exporters and Products. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26314.pdf（524KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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