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We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
Persistent link: https://www.econbiz.de/10008823197
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...
Persistent link: https://www.econbiz.de/10011374044
Persistent link: https://www.econbiz.de/10011341238
Persistent link: https://www.econbiz.de/10009729797
This study investigates productivity effects to firms introducing new environmental technologies. The literature on … within-firm organisational change and productivity suggests that firms can get higher productivity effects from adopting new … productivity. The simultaneous implementation of organisational innovations, however, increases the returns to the adoption of …
Persistent link: https://www.econbiz.de/10010238378
. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …
Persistent link: https://www.econbiz.de/10010198516
competing theory based on the alternative assumption that quality is exogenous across firms would predict completely opposite …
Persistent link: https://www.econbiz.de/10009786048
associated with higher productivity levels. In this context, this paper explores the links between urban spatial structure and …
Persistent link: https://www.econbiz.de/10011527324
on productivity, using a large panel of around 6200 firms. The findings of the theoretical literature on this topic are … consortia increases productivity. …
Persistent link: https://www.econbiz.de/10011545714