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Record W4298224304

The Economic Impact of the U.S. Export Trading Company Act

2006· article· en· W4298224304 on OpenAlexfundno aff
Valerie Y. Suslow

Bibliographic record

VenueDeep Blue (University of Michigan) · 2006
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicGlobal trade and economics
Canadian institutionsnot available
FundersInternational Development Research Centre
KeywordsBusinessEconomic impact analysisCommerceFinancial systemInternational tradeEconomics
DOInot available

Abstract

fetched live from OpenAlex

This paper provides an empirical analysis of the limited immunity for "export cartels" offered by the United States' Export Trading Company Act (1982). We have assembled a data set of 195 Export Trade Certificates of Review - all those created from when the first certificate was granted in 1983 through the end of 2004. We provide descriptive statistics on these ETCs, including the types of firms that apply for these certificates and the nature of the restrictions placed upon them by the Department of Commerce and the Department of Justice. We then estimate the determinants of the real value of U.S. product-level manufacturing exports from 1978 through 2004. We find that, controlling for the growth rate of exports in the industry, on average ETCs do not increase exports. In some estimates, the real value of exports actually falls after receiving an ETC. There are two possible explanations for this. One is that firms choose to obtain an ETC "Certificate of Review" when they are concerned that exports in the sector are going to fall. Receiving an ETC thus precedes this fall in exports, but does not cause it. The second possible explanation is that industries with ETCs can in fact exercise market power and the decline in the real value of exports reflects a strategic reduction in the quantity of goods exported. Given the predominance of ETCs in relatively unconcentrated industries we believe the former explanation is more plausible.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.460
Threshold uncertainty score0.768

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.021
GPT teacher head0.174
Teacher spread0.153 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2006
Admission routes1
Has abstractyes

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