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Egger, Peter; Ehrlich, Maximilian Von; Nelson, Douglas R. - CESifo - 2011

Theoretical and empirical research in economics suggests that bilateral migration triggers bilateral trade through a … number of channels. This paper assesses the functional form of the impact of migration on trade flows in a quasi …-experimental setting. We provide evidence that the relationship is not log-linear. In particular, at small levels of migration (stocks) the …

Persistent link: https://www.econbiz.de/10009024841

Ehrlich, Maximilian Von; Seidel, Tobias - CESifo - 2012

In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of economic activity. If firms are more similar with respect to their total factor productivity, each company faces a lower propensity to export. This renders the home market more...

Persistent link: https://www.econbiz.de/10010598915

Regional Implications of Financial Market Development: Credit Rationing, Trade, and Location

Ehrlich, Maximilian Von; Seidel, Tobias - CESifo - 2013

We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...

Persistent link: https://www.econbiz.de/10010877832