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, those with intermediate productivity will export, and those with higher productivity will choose fragmentation. Among the … elsewhere) can be used by multinational firms which have different productivity to serve the market abroad when product chains … abroad by either horizontal or vertical FDI. Upon opening a market to trade, firms with the lowest productivity will exit …
Persistent link: https://www.econbiz.de/10010652445
This paper decomposes the growth of China’s export into three parts: growth in the extensive margin, increased quantity … and increased prices; we perform a series of empirical analyses using China’s export data at HS-6 digit to analyze the … characteristics of China’s export growth. From 1995 to 2010, China’s export growth was mainly driven by quantity growth with a …
Persistent link: https://www.econbiz.de/10010660134
larger for ordinary exports than for processing exports. Finally, accounting for endogeneity and measurement error matters …
Persistent link: https://www.econbiz.de/10011099761
endogenous, the LNG export benefit can drop by as much as 20-50% relative to the case of exogenous cost. …
Persistent link: https://www.econbiz.de/10011185622
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms’ exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010877822
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … and sheds light on the effects of productivity growth. On the basis of a Geometric Brownian motion, three different … productivity scenarios are considered (no growth, deterministic growth, uncertain growth) and opposed to each other. The …
Persistent link: https://www.econbiz.de/10008534026
Germany’s export market share increased since 2000, while most industrial countries experienced declines. This study …-shoring). An export model is estimated covering the period 1993–2005. The dominant factor explaining the increase in market share … are trade relationships with fast growing countries. Regionalized production in the export sector also played a part …
Persistent link: https://www.econbiz.de/10005406147
exogenous to firms’ export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 … percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative specifications …
Persistent link: https://www.econbiz.de/10005406266
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10005765993
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...
Persistent link: https://www.econbiz.de/10005181475