Showing 1 - 10 of 309
, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …
Persistent link: https://www.econbiz.de/10005666914
globalization and stronger protection of intellectual property are analysed. It is shown that globalization leads to more copying of … intellectual property protection has the opposite steady-state effects and thus serves to moderate the effects of globalization. …
Persistent link: https://www.econbiz.de/10005656156
aspects of globalization are studied: increases in the size of the South (i.e., countries like China joining the world trading …
Persistent link: https://www.econbiz.de/10005114418
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
This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages that may have allowed the crisis to spread across...
Persistent link: https://www.econbiz.de/10008528523
In this paper we analyse the relationship between gravity variables and f.o.b. export unit values using Hungarian firm …-product-destination data. By taking firm-product level selection into account we show that export unit values increase with distance even for … relationship between unit values and market size. We propose two possible explanations: first, firms may export different quality …
Persistent link: https://www.econbiz.de/10008530371
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
Exporters’ performance in a particular market may affect their future exports to the rest of the world. Importers may … information spillovers across markets on the export patterns of four developing countries (Egypt, Korea, Malaysia and Tunisia). A … world in the next period. Social and ethnic networks seem to reinforce these information spillovers, especially in …
Persistent link: https://www.econbiz.de/10005497848
In this paper we ask why the gravity model of international trade also work well for foreign direct investment (FDI) flows or multinational production (MP). We propose a model of trade and horizontal FDI, where the subsidiary is allowed to source inputs from the headquarters. Under certain...
Persistent link: https://www.econbiz.de/10005114237
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10011083260