Replication data for: Trade Adjustment and Productivity in Large Crises
Principal Investigator(s): View help for Principal Investigator(s) Gita Gopinath; Brent Neiman
Version: View help for Version V1
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Project Citation:
Gopinath, Gita, and Neiman, Brent. Replication data for: Trade Adjustment and Productivity in Large Crises. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112745V1
Project Description
Summary:
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We empirically characterize the mechanics of trade adjustment during the Argentine crisis. Though imports collapsed by 70 percent from 2000-2002, the entry and exit of firms or products at the country level played a small role. The within-firm churning
of imported inputs, however, played a sizeable role. We build a model of trade in intermediate inputs with heterogeneous firms, fixed import costs, and roundabout production. Import demand is non-homothetic and the implications of an import price shock
depend on the full distribution of firm-level adjustments. An import price shock generates a significant decline in productivity.
Scope of Project
JEL Classification:
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F14 Empirical Studies of Trade
F31 Foreign Exchange
F43 Economic Growth of Open Economies
L60 Industry Studies: Manufacturing: General
O14 Industrialization; Manufacturing and Service Industries; Choice of Technology
O19 International Linkages to Development; Role of International Organizations
F14 Empirical Studies of Trade
F31 Foreign Exchange
F43 Economic Growth of Open Economies
L60 Industry Studies: Manufacturing: General
O14 Industrialization; Manufacturing and Service Industries; Choice of Technology
O19 International Linkages to Development; Role of International Organizations
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