Showing 1 - 10 of 11,764
liberalization. Firm productivity in a given product is modeled as a combination of firm-level "ability" and firm …-level ability raises a firm's productivity across all products, which induces a positive correlation between a firm's intensive … (output per product) and extensive (number of products) margins. Trade liberalization fosters productivity growth within and …
Persistent link: https://www.econbiz.de/10012465880
increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity … changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity are substantial - and …
Persistent link: https://www.econbiz.de/10012456244
This paper analyzes the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …
Persistent link: https://www.econbiz.de/10012467520
agenda to integrate major research streams treating innovation as an object of economic analysis into our standard models … outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary …
Persistent link: https://www.econbiz.de/10012466574
In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far …, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely … on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity …
Persistent link: https://www.econbiz.de/10012465498
engineers and by extensive first-hand observation. We find that productivity improves when multiple generations of the firm … other products. Productivity is, however, decreased when the production facility is faced with extensive within …-product buyer-specific customizations.We develop the implications of these findings for theory and practice …
Persistent link: https://www.econbiz.de/10012458988
In this paper we develop a monopolistic competition model where firms exercise their market power across multiple products. Even with CES preferences, markups are endogenous. Firms choose their optimal product scope by balancing the net profits from a new variety against the costs of...
Persistent link: https://www.econbiz.de/10012464943
We examine the global operations of multi-product firms. We present a flexible heterogeneous-firm trade model with either limited or strong scope for quality differentiation. Using customs data for China during 2002-2006, we empirically establish that firms allocate activity across products in...
Persistent link: https://www.econbiz.de/10012460023
Motivated by the long-standing debate on the pros and cons of competitive devaluation, we propose a new perspective on how monetary and exchange rate policies can contribute to a country's international competitiveness. We refocus the analysis on the implications of monetary stabilization for a...
Persistent link: https://www.econbiz.de/10012479715
absolute margin. We derive these results in both a monopoly model and a variety of different competitive models. We conclude …
Persistent link: https://www.econbiz.de/10012468099