Showing 1 - 10 of 767
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
The aim of this Paper is to improve our understanding of the empirical determinants of corporate growth by extending the literature to include a new group of variables related to FDI, namely the degree of foreign ownership and technology spillovers. Based on recent developments in the field, our...
Persistent link: https://www.econbiz.de/10005788884
We present a North-South model of international trade in which differentiated products are developed in the North. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral characteristics, firms decide whether to integrate into the...
Persistent link: https://www.econbiz.de/10005788904
Depending on the definition of the tax base, the statutory corporate tax rate implies rather different measures of effective average and marginal tax rates. This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these...
Persistent link: https://www.econbiz.de/10005788989
This paper calculates returns to scale and productivity growth in UK manufacturing establishments in the electronics and food industries. Our results show that foreign establishments tend to have lower returns to scale than their domestic counterparts. We also examine the effect of the...
Persistent link: https://www.econbiz.de/10005791647
This Paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...
Persistent link: https://www.econbiz.de/10005791827
Anti-dumping policies are often justified as legitimate actions by governments in their efforts to protect domestic … producers from unfair foreign competition. We investigate the impact of anti-dumping rules on firms' production decisions as to … how much and where to produce. Anti-dumping measures may have unforeseen effects if they induce direct foreign investment …
Persistent link: https://www.econbiz.de/10005497797
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
Since the early 1990s, numerous countries have adopted or strengthened competition legislation. In this Paper we investigate the impact of competition law on industry markups over time and across a large number of countries. We find both domestic and foreign competition to be major sources of...
Persistent link: https://www.econbiz.de/10005792302
We compare the social welfare generated by a domestic government in two types of policy set-ups: a ‘commitment’ regime in which government sets its policy instrument before the strategic choice by a domestic firm and a ‘non-commitment’ regime where the policy variable is set after the...
Persistent link: https://www.econbiz.de/10005792546