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Feenstra and Ma (2008) develop a monopolistic competition model where firms choose their optimal product scope by balancing the profits from a new variety against the costs of “cannibalizing” sales of existing varieties. While more productive firms always have a higher market share, there is...
Persistent link: https://www.econbiz.de/10010886899
Changes in exchange rates have become a prominent issue in Germany and Japan - due to the enormous appreciation of the Deutschmark and the Yen. Conventional wisdom suggests that economic activity will be negatively affected if a currency is going through a phase of appreciation. The paper...
Persistent link: https://www.econbiz.de/10009276229
This paper investigates the determinants of intra-firm trade of multinational firms located in France, using data on French companies. Results on the vertical pattern of production networks differ according to the affiliates? location. Lower wage and transportation costs in the developing...
Persistent link: https://www.econbiz.de/10005083426
exit, paying special attention to the recent financial crisis. Our results show that deterioration in the financial … position of firms has increased the hazard of export exit during the crisis. We also find that the sensitivity of export exit …
Persistent link: https://www.econbiz.de/10010886863
most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The … the global financial crisis. With respect to firm growth and survival, we find that starters and continuous exporters are …
Persistent link: https://www.econbiz.de/10010886868
important are these trading blocs to the country's exports? How important is the country's location and size, and how do these …. This suggests that the exports from small remote economies are driven by different factors than exports from large conomies. …
Persistent link: https://www.econbiz.de/10005059041
We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms … direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the … sensitivities of survival incidence to financial variables vary with the exporting status of firms? We find strong evidence that …
Persistent link: https://www.econbiz.de/10008555344
We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms … direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the … sensitivities of survival incidence to financial variables vary with the exporting status of firms? We find strong evidence that …
Persistent link: https://www.econbiz.de/10010982708
A general theoretical and empirical framework is developed for assessing the potential of a vertically integrated firm to foreclose downstream competitors. Using this framework a policymaker may also evaluate the empirical welfare effects from a vertically integrated firm raising rivals' costs....
Persistent link: https://www.econbiz.de/10010956119
of operations. Our findings reveal that agglomeration measured through density of employment has a significant impact on …
Persistent link: https://www.econbiz.de/10010956131