Trade costs shocks and lumpiness of imports: Evidence from the Fukushima disaster
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In: Economics Bulletin, Vol. 37, No. 1, 2017, p. 149-155.
Research output: Journal contributions › Journal articles › Research › peer-review
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RIS
TY - JOUR
T1 - Trade costs shocks and lumpiness of imports
T2 - Evidence from the Fukushima disaster
AU - Wagner, Joachim
PY - 2017
Y1 - 2017
N2 - This paper uses a difference-in-differences approach to test the hypothesis that the increase in the per-shipment costs of imports from Japan due to the Fukushima disaster in 2011 lead to an increase in the lumpiness of imports from Japan. Using China and the USA as control groups it is found that the Fukushima trade cost shock reduced the average number of import transactions per year at the firm-good level and, therefore, increased the degree of lumpiness of imports from Japan.
AB - This paper uses a difference-in-differences approach to test the hypothesis that the increase in the per-shipment costs of imports from Japan due to the Fukushima disaster in 2011 lead to an increase in the lumpiness of imports from Japan. Using China and the USA as control groups it is found that the Fukushima trade cost shock reduced the average number of import transactions per year at the firm-good level and, therefore, increased the degree of lumpiness of imports from Japan.
KW - Economics
M3 - Journal articles
VL - 37
SP - 149
EP - 155
JO - Economics Bulletin
JF - Economics Bulletin
SN - 1545-2921
IS - 1
ER -