Showing 1 - 5 of 5
This paper examines the impact of international trade on firm entry and exit in Europe. The results point to strong … displacement exit and less creative replacement entry in industries characterized by increasing import competition Moreover, the … evidence suggests strong selection and higher entry barriers in industries characterized by higher openness through the export …
Persistent link: https://www.econbiz.de/10005464850
abroad, (2) Downsizing through a significant decrease in employees or (3) Dismiss all employees and exit the market. Using a … exit. Downsizing firms are more capital intensive than relocating firms, while exiting firms are less profitable, smaller …
Persistent link: https://www.econbiz.de/10005464849
This paper analyzes the impact of globalization on the exit behavior of manufacturing firms in one of the world’s most … multinational firms, we also find that domestic firms face a higher risk of exit when multinational firms compete in their relevant …
Persistent link: https://www.econbiz.de/10005243379
This paper studies the impact of globalisation on the exit behaviour of domestic and foreign firms in the manufacturing … growth and rising multinational firms penetration of the industry, which systematically increase the probability of exit of … exit. Controlling for productivity differences across firms, exporting on itself does not lower the probability of exit …
Persistent link: https://www.econbiz.de/10005405366
In this paper we investigate the different effects of import competition on the exit behaviour of different types of … firms. We find that import competition in Belgian manufacturing has a strong positive effect on the exit behaviour of firms … independent firms) experience a less important crowding out effect. Strong import competition especially increases the exit …
Persistent link: https://www.econbiz.de/10005405411