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DESCRIPTION:Asha Sundaram\, University of Cape Town\, South AfricaTrade\nLi
 beralization and Firm Sales Volatility: Evidence\nfrom IndiaThe\nauthor lo
 oks at the impact of trade liberalization on product-level sales\nvolatili
 ty of firms. Exploiting India’s externally imposed trade reform to\nidenti
 fy trade liberalization effects\, she finds that while a fall in the\ntari
 ff on the final product produced by the firm is associated with an increas
 e\nin volatility in Indian manufacturing firms\, a fall in the tariff on\n
 intermediate inputs is associated with a decrease in volatility\, with the
 \nlatter effect dominating the former. She hence proposes an additional ch
 annel\nfor gains from trade liberalization\, relevant particularly for dev
 eloping\ncountries with weaker mechanisms in place to deal with volatility
 .\n\n\n\nAsha\nSundaram is a\nSenior Lecturer (Assistant Professor) at The
  School of Economics\, Faculty of\nCommerce\, University of Cape Town.&nbs
 p\; Her\nresearch interests are in the fields of International Trade and D
 evelopment\nEconomics.&nbsp\; Topics she works on include\ntrade liberaliz
 ation effects and their interaction with domestic institutions\,\ntrade an
 d firm behavior\, buyer-seller matches in international trade\,\nimmigrati
 on and micro enterprises and the informal sector. She holds an M.Phil.\nin
  Economics from Oxford University and a PhD in Economics from Syracuse\nUn
 iversity.Sponsored by the Trade Development and Political Economy Program 
 at the Moynihan Institute of Global Affairs  
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SUMMARY:TDPE presents: Asha Sundaram
UID:RFCALITEM639167474758637639
X-ALT-DESC;FMTTYPE=text/html:<p></p><p><b>Asha Sundaram</b>\, <i>University
  of Cape Town\, South Africa</i></p><p><b>Trade\nLiberalization and Firm S
 ales Volatility: Evidence\nfrom India</b></p>The\nauthor looks at the impa
 ct of trade liberalization on product-level sales\nvolatility of firms. Ex
 ploiting India’s externally imposed trade reform to\nidentify trade libera
 lization effects\, she finds that while a fall in the\ntariff on the final
  product produced by the firm is associated with an increase\nin volatilit
 y in Indian manufacturing firms\, a fall in the tariff on\nintermediate in
 puts is associated with a decrease in volatility\, with the\nlatter effect
  dominating the former. She hence proposes an additional channel\nfor gain
 s from trade liberalization\, relevant particularly for developing\ncountr
 ies with weaker mechanisms in place to deal with volatility.<p>\n\n</p><p>
 </p><p>\n\n</p><p>Asha\nSundaram is a\nSenior Lecturer (Assistant Professo
 r) at The School of Economics\, Faculty of\nCommerce\, University of Cape 
 Town.&nbsp\; Her\nresearch interests are in the fields of International Tr
 ade and Development\nEconomics.&nbsp\; Topics she works on include\ntrade 
 liberalization effects and their interaction with domestic institutions\,\
 ntrade and firm behavior\, buyer-seller matches in international trade\,\n
 immigration and micro enterprises and the informal sector. She holds an M.
 Phil.\nin Economics from Oxford University and a PhD in Economics from Syr
 acuse\nUniversity.</p><p><b><i>Sponsored by the Trade Development and Poli
 tical Economy Program at the Moynihan Institute of Global Affairs</i></b><
 /p><p> </p><p> </p><p></p>
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