Do Sunk Costs of Exporting Matter for Net Export Dynamics

By George Alessandria, Horag Choi. 2005

150 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/80f96b2d78868805c3d1e7e01e5ae9b75c9fc6fd

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Finance

Citations in the corpus

Exporting under trade policy uncertainty: Theory and evidence (2014, background): “, 2007; Alessandria and Choi, 2007; Campa, 2004). Of the many sources of uncertainty faced by a prospective exporter (e.g. exchange rate or demand shocks), the trade policy toward the firm’s goods poses a country and product specific risk that is difficult if not impossible to diversify. I use a dyn”
Trade and Prices with Heterogeneous Firms (2008, background): “Ruhl (2005) and Alessandria and Choi (2007) study the effects of sunk export costs and hysteresis on trade dynamics in calibrated models. (10)Manova (2007) also uses sector-level trade flows in estimating a Helpman, Melitz and Rubinstein style model to study the influence of credit constraints on tr”
Trade and Investment under Policy Uncertainty: Theory and Firm Evidence (2015, unknown): “Das et al, 2007, and Alessandria and Choi, 2007). Impulliti et al (2013) show that firm productivity uncertainty can generate hysteresis in firms’ export decisions.”
Management as a Technology? (2016, background): “Countries with higher trade costs often have higher employment protection, so in column (2) we include both measures and find empirically that trade restrictions were more important.”
How Important Is the New Goods Margin in International Trade? (2013, unknown): “That we do not see the extensive margin change over the business cycle suggests that the sunk nature of these costs may be important, but models with uncertainty are needed (Alessandria and Choi 2007; Ruhl 2008).”
New Exporter Dynamics (2014, unknown): “For example, Melitz and Ghironi (2005) and Alessandria and Choi (2007a) use these types of models to study how the inclusion of plants’ exporting decisions affects real exchange rate and net export dynamics over business cycles; and Ruhl (2008) demonstrates how export entry can produce asymmetric…”
Risk, Returns, and Multinational Production (2010, unknown): “Alessandria and Choi (2007) and Irrarazabal and Opromolla (2009) model entry and exit into the export market with idiosyncratic productivity shocks and sunk costs.”
Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization (2007, unknown): “The assumption that establishment technology follows an AR(1) with shocks drawn from an iid normal distribution implies that this conditional distribution follows a normal distribution φ (z0|z) = N ¡ ρz, σ(2)ε ¢ .”