[go: up one dir, main page]

  EconPapers    
Economics at your fingertips  
 

Quality and the Great Trade Collapse

Natalie Chen and Luciana Juvenal

No 10931, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Exports; Heterogeneity; Multi-product firms; Quality; Trade collapse; Unit values; Wine (search for similar items in EconPapers)
JEL-codes: F10 F14 F41 (search for similar items in EconPapers)
Date: 2015-11
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://cepr.org/publications/DP10931 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Quality and the Great Trade Collapse (2018) Downloads
Working Paper: Quality and the Great Trade Collapse (2016) Downloads
Working Paper: Quality and the Great Trade Collapse (2016) Downloads
Working Paper: Quality and the Great Trade Collapse (2015) Downloads
Working Paper: Quality and the Great Trade Collapse (2015) Downloads
Working Paper: Quality and the Great Trade Collapse (2015) Downloads
Working Paper: Quality and the Great Trade Collapse (2015) Downloads
Working Paper: Quality and the Great Trade Collapse Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:10931

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP10931

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2024-08-14
Handle: RePEc:cpr:ceprdp:10931