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|z 9781498347587
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Chen, Natalie.
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|a Quality and the Great Trade Collapse /
|c Natalie Chen, Luciana Juvenal.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2016.
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|a 1 online resource (59 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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.
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|a Mode of access: Internet
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|a Juvenal, Luciana.
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|a IMF Working Papers; Working Paper ;
|v No. 2016/030
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2016/030/001.2016.issue-030-en.xml
|z IMF e-Library
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