Showing 1 - 10 of 212
Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … well as inventory and per shipments costs. Using a cross section of monthly firm-product-destination level French export … uncertainty by reducing their sales and, for a given export volume, by reducing their number of shipments and increasing their …
Persistent link: https://www.econbiz.de/10010877733
three trade related aspects: (i) probability to export and to exit the export market (firm-product extensive margins), (ii …) value exported (firm-product intensive margin) and (iii) export prices. We find that SPS concerns discourage the presence of …
Persistent link: https://www.econbiz.de/10010877692
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...
Persistent link: https://www.econbiz.de/10010877933
This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail market concentration. Due to this concentration retail prices...
Persistent link: https://www.econbiz.de/10005013951
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10010535633
services at the firm level. We use these data to study export market participation and the choice of export mode: cross … economically important determinant of the export participation and export mode choice. We also identify the role of industry- and …
Persistent link: https://www.econbiz.de/10010547900
We develop a general equilibrium two-country model with heterogeneous producers and rent sharing at the firm level due to fairness preferences of workers. We identify two sources of a multinational wage premium. On the one hand, there is a pure composition effect because multinational firms are...
Persistent link: https://www.econbiz.de/10009368503
between the two regions is large enough. The benefit from export profits increases total welfare in the exporting country …
Persistent link: https://www.econbiz.de/10010556079
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations, trade is more sensitive to trade costs if the exporting...
Persistent link: https://www.econbiz.de/10008596576
I show in this paper that incomplete contracts affect a firm’s decision about serving foreign customers through exports or local sales from an affiliated plant. When contracts between two agents within a firm are too costly to write, the share of multinational firms may be higher or lower...
Persistent link: https://www.econbiz.de/10008727292