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Entry Mistakes
Cabral, Luís M B - C.E.P.R. Discussion Papers - 1997
Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary entry investments are made. We refer to these outcomes...
Persistent link: https://www.econbiz.de/10005662244
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Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers
Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in …
Persistent link: https://www.econbiz.de/10005661768
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The Impact of Exchange Rate Fluctuations on European Union Trade
Sapir, André; Sekkat, Khalid; Weber, Axel A - C.E.P.R. Discussion Papers - 1994
The impact of exchange rate fluctuations on international trade has long been a major concern for policy-makers. This … is particularly the case in Europe, where countries trade extensively with each other. The crisis that began in the … Summer of 1992 generated increased exchange rate fluctuations and, therefore, renewed concerns about consequences for trade …
Persistent link: https://www.econbiz.de/10005136634
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Exchange Rate Regimes and Trade Prices: Does the EMS Matter?
Sapir, André; Sekkat, Khalid - C.E.P.R. Discussion Papers - 1993
This paper investigates the role of the exchange rate regime in the process of trade adjustment, by examining the … relationship between trade prices and exchange rate regimes. The theoretical framework is a dynamic one à la Froot-Klemperer (1989 … regime on trade prices. The results suggest that a system of pegged rates like the EMS, although helpful, is not necessary to …
Persistent link: https://www.econbiz.de/10005497720
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Competition, Globalization and the Decline of Inflation
Chen, Natalie; Imbs, Jean; Scott, Andrew - C.E.P.R. Discussion Papers - 2004
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …
Persistent link: https://www.econbiz.de/10005667140
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Job creation, firm creation, and de novo entry
Geurts, Karen; Van Biesebroeck, Johannes - C.E.P.R. Discussion Papers - 2014
Firm turnover and growth recorded in administrative data sets differ from underlying firm dynamics. By tracing the employment history of the workforce of new and disappearing administrative firm identifiers, we can accurately identify de novo entrants and true economic exits, even when firms...
Persistent link: https://www.econbiz.de/10011083952
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An Anatomy of International Trade: Evidence from French Firms
Eaton, Jonathan; Kortum, Samuel S; Kramarz, Francis - C.E.P.R. Discussion Papers - 2009
more than half of gross profits. We use our results to simulate the effects of a counterfactual decline in bilateral trade …
Persistent link: https://www.econbiz.de/10005124187
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Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity
Bloom, Nicholas; Draca, Mirko; Van Reenen, John - C.E.P.R. Discussion Papers - 2011
-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led …
Persistent link: https://www.econbiz.de/10008854502
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Fiscal-Monetary Policy Interactions in the Presence of Unionized Labour Markets
Cukierman, Alex; Dalmazzo, Alberto - C.E.P.R. Discussion Papers - 2005
This paper develops a framework for studying the interactions between labour unions, fiscal policy, monetary policy and monopolistically competitive firms. The framework is used to investigate the effects of labour taxes, the replacement ratio, labour market institutions and monetary...
Persistent link: https://www.econbiz.de/10005124224
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Skills, human capital and the plant productivity gap: UK evidence from matched plant, worker and workforce data
Haskel, Jonathan; Hawkes, Denise; Pereira, Sonia - C.E.P.R. Discussion Papers - 2005
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more productive firms hire more skilled workers: in 2000, plants at the top decile of the TFP distribution (controlling for their four-digit industry) hired workers with, on average, around...
Persistent link: https://www.econbiz.de/10005497762