Showing 1 - 10 of 4,736
What is the effect of imports on productivity? To answer this question, we estimate a structural model of producers … heterogenous firms, producers choose to import or purchase domestically varieties of intermediate inputs. Imports affect firm … varieties imported. Our results suggest that the role of imports is both statistically and economically significant. Imports are …
Persistent link: https://www.econbiz.de/10005497802
This paper examines the interdependence between innovation and imports of intermediates, and their joint impact on … Norwegian firm-level data on R&D and trade in intermediates, we structurally estimate the model and find that both imports and R … lower after controlling for the complementarity between R&D investments and imports. We exploit the introduction of an R …
Persistent link: https://www.econbiz.de/10011084440
estimates of the trade elasticity. We use data on US imports and trade policy from 1974-2017 for China and Vietnam …
Persistent link: https://www.econbiz.de/10015361444
toward costs of acquiring imports from that same market, and vice versa. Using dis-aggregated transactions data for Chinese …
Persistent link: https://www.econbiz.de/10015056127
We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter …
Persistent link: https://www.econbiz.de/10014486241
Large multi-product firms dominate international trade flows. This paper documents new facts about multi-product manufacturing exporters that are not easily reconciled with existing multi-product models. Using novel linked production and export data at the firm-product level, we find that the...
Persistent link: https://www.econbiz.de/10011084504
This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...
Persistent link: https://www.econbiz.de/10011213311
New exporters add and drop products with much greater frequency than old exporters. This paper explains this behavior with a model of demand learning in which an exporter's profitability on the demand side is determined by a time-invariant firm–destination appeal index, and transient...
Persistent link: https://www.econbiz.de/10011191007
This paper analyzes the role of product quality and labor efficiency in shaping the trade patterns and trade intensities within and across two groups of countries, the developed and richer North and the developing South. Recent empirical literature identifies two groups of evidence — the...
Persistent link: https://www.econbiz.de/10011056351
This paper proposes that quality differentiation is an important feature of the operations of multi-product firms. We develop a model in which manufacturers vary product quality across their product range by using inputs of different quality levels. Firms' core competency is in varieties of...
Persistent link: https://www.econbiz.de/10010951043