F14 - Empirical Studies of Trade - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T12:45:07+00:00Trade and Diffusion of Embodied Technology: An Empirical Analysis
https://www.bankofcanada.ca/2023/04/staff-working-paper-2023-21/
Using data from patents, citations, inter-sectoral sales and customs, we examine the international diffusion of technology through imports of sectoral knowledge and production inputs. We develop an instrumental variable strategy to identify the causal effects of technology embodied in imports on innovation and diffusion outcomes.2023-04-13T11:00:44+00:00enTrade and Diffusion of Embodied Technology: An Empirical Analysis2023-04-13Development economicsInternational topicsProductivityTrade integrationStaff Working Paper 2023-21https://www.bankofcanada.ca/wp-content/uploads/2023/04/swp2023-21.pdfTrade and Diffusion of Embodied Technology: An Empirical AnalysisStephen AyerstFaisal IbrahimGaelan MacKenzieSwapnika RachapalliApril 2023FF1F14F6F61OO1O19O3O31O33Exporting and Investment Under Credit Constraints
https://www.bankofcanada.ca/2023/02/staff-working-paper-2023-10/
We examine the relationship between firms’ performance and credit constraints affecting export market entry. Using administrative Canadian firm-level data, our findings show that new exporters (a) increase their productivity, (b) raise their leverage ratio and (c) increase investment. We estimate that 48 percent of Canadian manufacturers face binding credit constraints when deciding whether to enter export markets.2023-02-10T14:26:13+00:00enExporting and Investment Under Credit Constraints2023-02-10Econometric and statistical methodsFirm dynamicsInternational topicsProductivityStaff Working Paper 2023-10https://www.bankofcanada.ca/wp-content/uploads/2023/02/swp2023-10.pdfExporting and Investment Under Credit ConstraintsKim HuynhRobert PetruniaJoel RodrigueWalter SteingressFebruary 2023FF1F10F14F3F36GG2G20G28G3G32Climate Variability and International Trade
https://www.bankofcanada.ca/2023/01/staff-working-paper-2023-8/
This paper quantifies the impact of hurricanes on seaborne international trade to the United States. Matching the timing of hurricane–trade route intersections with monthly U.S. port-level trade data, we isolate the unanticipated effects of a hurricane hitting a trade route using two separate identification schemes: an event study and a local projection.2023-01-30T10:17:33+00:00enClimate Variability and International Trade2023-01-30Climate changeInternational topicsStaff Working Paper 2023-8https://www.bankofcanada.ca/wp-content/uploads/2023/01/swp2023-8.pdfStaff Working Paper 2023-8Geoffrey R. DunbarWalter SteingressBen TomlinJanuary 2023CC2C22C5FF1F14F18QQ5Q54No Double Standards: Quantifying the Impact of Standard Harmonization on Trade
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-36/
Product standards are omnipresent in industrialized societies. Though standardization can be beneficial for domestic producers, divergent product standards have been categorized as a major obstacle to international trade. This paper quantifies the effect of standard harmonization on trade flows and characterizes the extent to which it changes the cost and demand structure of exporting.2019-09-12T09:24:50+00:00enNo Double Standards: Quantifying the Impact of Standard Harmonization on Trade2019-09-12Econometric and statistical methodsInternational topicsStaff Working Paper 2019-36https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-36.pdfNo Double Standards: Quantifying the Impact of Standard Harmonization on TradeJulia SchmidtWalter SteingressSeptember 2019FF1F13F14F15LL1L15Exchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-34/
We develop a model with firm heterogeneity in importing and cross-border shopping among consumers. Exchange-rate appreciations lower the cost of imported goods, but also lead to more cross-border shopping; hence, the net impact on aggregate retail prices and sales is ambiguous.2019-09-06T16:57:05+00:00enExchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence2019-09-06Exchange ratesInternational topicsService sectorStaff Working Paper 2019-34https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-34.pdfExchange Rates, Retailers, and Importing: Theory and Firm-Level EvidenceAlex ChernoffPatrick AlexanderSeptember 2019FF1F10F14LL8L81The Impact of a Trade War: Assessment of the Current Tariffs and Alternative Scenarios
https://www.bankofcanada.ca/2019/07/staff-analytical-note-2019-20/
This note uses Charbonneau and Landry’s (2018) framework to assess the direct impact of the current trade tensions on the Canadian and global economies, as well as possible implications if the conflict escalates further. Overall, my findings show that the estimated impact of current tariffs on real gross domestic product (GDP) remains relatively small, which is in line with the literature on gains from trade, but the impact on trade is much larger.2019-07-03T11:49:49+00:00enThe Impact of a Trade War: Assessment of the Current Tariffs and Alternative Scenarios2019-07-03The Trade War in Numbers
https://www.bankofcanada.ca/2018/11/staff-working-paper-2018-57/
We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy.2018-11-28T14:26:20+00:00enThe Trade War in Numbers2018-11-28Recent economic and financial developmentsTrade integrationStaff Working Paper 2018-57https://www.bankofcanada.ca/wp-content/uploads/2018/11/swp2018-57.pdfThe Trade War in NumbersKaryne B. CharbonneauAnthony LandryNovember 2018FF1F11F13F14F15F5F50F6F62F68Market Size and Entry in International Trade: Product Versus Firm Fixed Costs
https://www.bankofcanada.ca/2018/09/staff-working-paper-2018-43/
This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope).2018-09-07T13:22:24+00:00enMarket Size and Entry in International Trade: Product Versus Firm Fixed Costs2018-09-07Firm dynamicsInternational topicsTrade integrationStaff Working Paper 2018-43https://www.bankofcanada.ca/wp-content/uploads/2018/09/swp2018-43.pdfMarket Size and Entry in International Trade: Product Versus Firm Fixed CostsWalter SteingressSeptember 2018FF1F12F14F2F23Estimating the Impacts of Tariff Changes: Two Illustrative Scenarios
https://www.bankofcanada.ca/2018/09/staff-analytical-note-2018-29/
We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes.2018-09-05T14:41:24+00:00enEstimating the Impacts of Tariff Changes: Two Illustrative Scenarios2018-09-05Responding to the First Era of Globalization: Canadian Trade Policy, 1870–1913
https://www.bankofcanada.ca/2018/08/staff-working-paper-2018-42/
In this paper we document Canada’s trade policy response to late-nineteenth- and earlytwentieth-century globalization. We link newly digitized annual product-specific data on the value of Canadian imports and duties paid from 1870–1913 to establishment-specific production and location information drawn from the manuscripts of the 1871 industrial census.2018-08-27T14:15:38+00:00enResponding to the First Era of Globalization: Canadian Trade Policy, 1870–19132018-08-27Economic modelsInternational topicsTrade integrationStaff Working Paper 2018-42https://www.bankofcanada.ca/wp-content/uploads/2018/08/swp2018-42.pdfResponding to the First Era of Globalization: Canadian Trade Policy, 1870–1913Ian KeayPatrick AlexanderAugust 2018FF1F13F14F4F42F6F60NN7N71