Showing 1 - 8 of 8
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
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
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
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
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
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
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
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