Showing 1 - 9 of 9
formalizes the underlying interaction of risk, fixed export costs and firms’ market entry decisions based on techniques known …
Persistent link: https://www.econbiz.de/10008534023
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10005013939
exporting firms triggers firm entry, reduces unemployment and increases wage dispersion in the on-the-job search model with …
Persistent link: https://www.econbiz.de/10009320777
Recent empirical evidence based on firm level data emphasizes firm heterogeneity in innovation activities and the different effects of process and product innovations on the productivity level and productivity growth. To match this evidence, this paper develops an endogenous growth model with...
Persistent link: https://www.econbiz.de/10005049568
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10008583684
firm-product heterogeneity with entry costs that depend on exporter scope. Estimating this model for the within-firm sales … distribution we identify the nature and components of product entry costs. We find that firms face a strong decline in product … sales with scope but also that market-specific entry costs drop fast. Counterfactual experiments with globally falling entry …
Persistent link: https://www.econbiz.de/10008833907
This paper studies the extensive and intensive margins of firms' global sourcing decisions. We develop a quantifiable multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country-specific variables. The model delivers a simple...
Persistent link: https://www.econbiz.de/10011145398
This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972...
Persistent link: https://www.econbiz.de/10005114373
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