Similar Search Results

Sala, Davide; Schröder, Philipp J.H.; Yalcin, Erdal - CESifo - 2009

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

Lobbying on Entry

Perotti, Enrico C; Volpin, Paolo - C.E.P.R. Discussion Papers - 2004

entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …

Persistent link: https://www.econbiz.de/10005662100

Comparative Advantage and Skill-Specific Unemployment

Larch, Mario; Lechthaler, Wolfgang - CESifo - 2009

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

Capacity Constraining Labor Market Frictions in a Global Economy

Holzner, Christian; Larch, Mario - CESifo - 2011

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

Do Entrepreneurs Matter?

Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10010607007

Does the New Economy Need New Governance? Ownership, Knowledge and Performance

Audretsch, David B; Lehmann, Erik - C.E.P.R. Discussion Papers - 2002

We study the implications of ownership and its induced incentives on firm performance in the ‘New Economy’. Instead of traditional performance we use firm survival on the stock market as the performance indicator. Using a unique data set of all 341 firms listed on the Neuer Markt, the German...

Persistent link: https://www.econbiz.de/10005504269

Business Decision-Making under Uncertainty: Evidence from Employment and Number of Businesses

Ghosal, Vivek; Ye, Yang - CESifo - 2013

Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms’ decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of...

Persistent link: https://www.econbiz.de/10010674454

Unemployment in an Interdependent World

Felbermayr, Gabriel J.; Larch, Mario; Lechthaler, Wolfgang - CESifo - 2009

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

The Extensive Margin of Exporting Products: A Firm-level Analysis

Arkolakis, Costas; Muendler, Marc-Andreas - CESifo - 2010

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

The Margins of Global Sourcing: Theory and Evidence from U.S. Firms

Antràs, Pol; Fort, Teresa C; Tintelnot, Felix - C.E.P.R. Discussion Papers - 2014

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