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China’s policy-makers argued that WTO accession and the accompanying trade liberalization would have a beneficial … impact on the domestic economy. China’s import tariffs differed tremendously across industry in the earlier years, but … identify the impact of increased import competition on firm performance and its contribution to the significant productivity …
Persistent link: https://www.econbiz.de/10011084425
level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial … constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … constraints strongly adversely affect the ability of domestically owned firms to innovate and to export and hence to catch up to …
Persistent link: https://www.econbiz.de/10008468676
adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the …
Persistent link: https://www.econbiz.de/10005124187
between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all … large firms export. Following a trade liberalization, non-exporters experience a fall in their market-to-book ratio and …
Persistent link: https://www.econbiz.de/10011083422
quantity and price information to disentangle markups from quantity-based productivity, and then compute marginal costs by …
Persistent link: https://www.econbiz.de/10011083491
, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This … improvement is not due to selection effects but rather due to product-level productivity effects. The model predicts that …
Persistent link: https://www.econbiz.de/10005661628
indirect effects of foreign direct investment on measured firm level productivity depend on a number of firm specific features … higher in the special economic zone aimed at attracting foreign capital to fasten the development of China’s own high tech …
Persistent link: https://www.econbiz.de/10005114334
in export volumes and the decline in prices after the quota removal are driven by net entry, implying that the pre …-liberalization quota allocation is not based on firm productivity. Removing this misallocation accounts for a substantial share of the … overall productivity gains associated with the quota removal. …
Persistent link: https://www.econbiz.de/10011083645
Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries....
Persistent link: https://www.econbiz.de/10005791825
The significance of a common language in foreign trade hinges on translation as well as the ability to communicate directly. In fact, without admitting the facility of translation from one or two selected languages, it is impossible to explain adequately the impact of a common language on...
Persistent link: https://www.econbiz.de/10005123599