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Demand learning and firm dynamics: evidence from exporters

Berman, Nicolas; Rebeyrol, Vincent; Vicard, Vincent - C.E.P.R. Discussion Papers - 2015

This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...

Persistent link: https://www.econbiz.de/10011213311

A Second Look at the Pesticides Initiative Program: Evidence from Senegal

Cadot, Olivier; Jaud, Mélise - C.E.P.R. Discussion Papers - 2011

This paper investigates whether the Pesticides Initiative Program has significantly affected the export performance of …

Persistent link: https://www.econbiz.de/10009493562

Impact Evaluation of Trade Interventions: Paving the Way

Cadot, Olivier; Fernandes, Ana; Gourdon, Julien; … - C.E.P.R. Discussion Papers - 2011

The focus of trade policy has shifted in recent years from economy-wide reductions in tariffs and trade restrictions towards targeted interventions to facilitate trade and promote exports. Most of these latter interventions are based on the new mantra of "aid-for-trade" rather than on hard...

Persistent link: https://www.econbiz.de/10009367433

Product and Process Innovation and Firms’ decision to Export

Vanbeveren, Ilke; Vandenbussche, Hylke - C.E.P.R. Discussion Papers - 2010

We analyze the relationship between firm-level innovation activities and firms’ propensity to start exporting for firms in a small open economy. We measure innovation by innovative effort (R&D) as well as by innovative output (product and process innovation). After carefully correcting for...

Persistent link: https://www.econbiz.de/10008468704

An Anatomy of International Trade: Evidence from French Firms

Eaton, Jonathan; Kortum, Samuel S; Kramarz, Francis - C.E.P.R. Discussion Papers - 2009

We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities stand out: (1) the number of French firms selling to a market, relative to French market share, increases systematically with market size; (2) sales distributions are very similar...

Persistent link: https://www.econbiz.de/10005124187

Minimum Wages and Firm Profitability

Draca, Mirko; Machin, Steve; Van Reenen, John - C.E.P.R. Discussion Papers - 2006

employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a …

Persistent link: https://www.econbiz.de/10005124436

Imports and Productivity

Halpern, László; Koren, Miklós; Szeidl, Adam - C.E.P.R. Discussion Papers - 2005

What is the effect of imports on productivity? To answer this question, we estimate a structural model of producers using product-level import data for a panel of Hungarian manufacturing firms from 1992 to 2001. In our model with heterogenous firms, producers choose to import or purchase...

Persistent link: https://www.econbiz.de/10005497802

Patterns of Restructuring: The U.S. Class 1 Railroads from 1984 to 2004

Friebel, Guido; McCullough, Gerard; Padilla Angulo, Laura - C.E.P.R. Discussion Papers - 2008

performance between 1984 and 2004. In a simple regression, line abandonments (reduction of network size) have positive effects on … performance but employment reductions do not. Controlling for the interaction between defensive and strategic restructuring …, however, changes the picture significantly. Employment reductions then do have positive performance effects. There are also …

Persistent link: https://www.econbiz.de/10005504707

Beyond Trade Costs: Firms' Endogenous Access to International Markets

Pires, Garcia; José, Armando - C.E.P.R. Discussion Papers - 2006

Contrary to what has been standard in the international trade literature, we argue that firms' access to international markets should not be just reduced to exogenous factors such as trade costs. Instead, we defend that market access can also be endogenous, since firms can affect international...

Persistent link: https://www.econbiz.de/10005656175

Understanding the size and profitability of firms: The role of a biological factor

Guiso, Luigi; Rustichini, Aldo - C.E.P.R. Discussion Papers - 2011

We collect information on prenatal testosterone in a large sample of entrepreneurs by measuring the length of their 2th to 4th fingers in face to face interviews. Entrepreneurs with higher exposure to prenatal testosterone (lower second to fourth digit ratio) manage larger firms, are matched...

Persistent link: https://www.econbiz.de/10008854464