Acute volatile movements in primary commodity prices have drawn enough interests from empirical researchers. Exports of these commodities account for the bulk of export earnings of developing countries. The traditional demand based framework has been unable to explain the marked deterioration in these prices during 1980s. This paper tries to ascertain the role played by real oil prices in expla...

The literature on ERPT has not considered product-level comparative advantage (CA) as a source of heterogeneous firm productivity. However, a firm’s production choice may determine its productivity level and also its pricing decision as both the degree of market power and the fixed costs of exporting vary across products. This paper empirically analyses the export pricing behaviour of Chinese a...

Institutions have been shown to be important for trade and growth. In particular, weak institutions may reduce the returns to product quality, harming domestic welfare and making it attractive to export to countries with strong institutions where quality is better rewarded. We model this alternative story as to why the “good apples are shipped out” and explore whether exporting ameliorates the ...

Using a novel dataset we examine the pricing behavior of Indian exporters, in particular looking at the relationship between export prices and firm capability (productivity) conditioning on the quality of imported inputs that firms use. Conditioning on firm productivity among firms that directly import, higher quality (higher price) imports are associated with higher quality (higher price) expo...

Abstract We study how management practices shape export performance using matched production-trade-management data for Chinese and American firms a randomized control trial in India. Better-managed are more likely to export, sell products destinations, earn higher revenues profits. They higher-quality at prices lower quality-adjusted prices. import wider range of inputs quality price, from adva...

Consequences of the WTO ruling on the Brazilian cotton case for commodities in the U.S. in addition to cotton are of concern. This paper uses the global GTAP model to provide a preliminary assessment of the consequences for U.S. rice if the ruling had applied in 2001. Two scenarios are estimated with a 36% and 100% elimination in the PSE on U.S. rice in 2001. The results show that if loan defic...