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How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications

Berman, Nicolas; Martin, Philippe; Mayer, Thierry - C.E.P.R. Discussion Papers - 2009

distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high … productivity firms optimally raise their markup rather than the volume they export, low productivity firms choose the opposite … aggregate impact of exchange rate movements. The presence of fixed costs to export means that only high productivity firms can …

Persistent link: https://www.econbiz.de/10008506840

Productivity Spillovers, Terms of Trade and the 'Home Market Effect'

Corsetti, Giancarlo; Martin, Philippe; Pesenti, Paolo - C.E.P.R. Discussion Papers - 2005

This paper analyses 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/10005123889

Spatial Concentration and Firm-Level Productivity in France

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008

This paper analyzes empirically the effect of spatial agglomeration of activities on the productivity of firms using … location choice: we find very little difference between the geography that would maximize productivity gains and the geography …

Persistent link: https://www.econbiz.de/10005498038

Sub-Optimal Scale Firms and Compensating Factor Differentials in Dutch Manufacturing

Audretsch, David B; Thurik, A R Roy; Van Leeuwen, Geroge - C.E.P.R. Discussion Papers - 1995

relationship between firm age and employee compensation as well as firm age and firm productivity suggest that there may be at …

Persistent link: https://www.econbiz.de/10005662285

How Exports Matter: Trade Patterns over Development Stages

Audretsch, David B; Sanders, Mark; Zhang, Lu - C.E.P.R. Discussion Papers - 2012

In this paper we first propose a proxy for the maturity of a country’s export bundle based on product life cycle theory. Employing a conditional latent class model, we then examine the effect of maturity of countries’ exports on their economic growth for 98 countries over the period 1988 to...

Persistent link: https://www.econbiz.de/10011083276

Impeded Industrial Restructuring: The Growth Penalty

Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 2000

This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing...

Persistent link: https://www.econbiz.de/10005791840