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The literature on firm heterogeneity in international trade posits that only the most productive firms become exporters (Melitz 2003). However, empirical findings suggest that also firms that are not highly productive export. This paper investigates empirically how firms organize their export...
Persistent link: https://www.econbiz.de/10003812697
Firms may benefit from proximity to each other due to the existence of several externalities. The productivity premia of firms located in agglomerated regions an be attributed to savings and gains from external economies. However, the capacity to absorb information may depend on activities of...
Persistent link: https://www.econbiz.de/10003919704
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Firms play a critical role in the global economy. In this paper, we survey the behavior of firms in the international economy, both in theory and in the data. We first summarize the key empirical facts that motivate the study of firms in trade. Then, we detail recent theoretical developments on...
Persistent link: https://www.econbiz.de/10011610238
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A new literature on firm heterogeneity and firm level globalisation strategies has developed rapidly over the last decade. New insights on why some firms export and others do not, why some firms fail to survive in export markets and why some choose to produce overseas rather than export have...
Persistent link: https://www.econbiz.de/10014060731
Firms display remarkable persistence in exporting and importing status. However, export and import status do not overlap perfectly, as some exporters do not import while some importers do not export. Motivated by these facts, I develop a dynamic discrete choice model of a firm’s decision to...
Persistent link: https://www.econbiz.de/10013306661
Wechselkurssicherungsstrategien anhand eines Backtests hinsichtlich ihrer Effizienz und Auswirkungen auf ein exportorientiertes Unternehmen untersucht …
Persistent link: https://www.econbiz.de/10011932760
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Firm competitiveness is a crucial trait of companies which managers strive to improve, and even policy makers focus on it regarding economic development. As companies are embedded into different layers of the environment, this study aims to identify the influence of top managerial perception...
Persistent link: https://www.econbiz.de/10014576858