Showing 1 - 10 of 124
This article shows how to use the publicy-available firm-level surveys produced by the World Bank Enterprise Surveys (WBES) to reproduce the stylized facts that characterize firm heterogeneity and its relationship with global engagement, as established by Bernard et al. (2007) for manufacturing...
Persistent link: https://www.econbiz.de/10014469855
intermediary to disclose consumer information to advertisers when auctioning ad impressions. We show that disclosing information … that enables advertisers to optimize the allocation of ads on multi-homing consumers is profitable to the intermediary only … outsource the sale of their ads to an intermediary, and relate these incentives to the extent of consumer multi-homing, the …
Persistent link: https://www.econbiz.de/10012657905
Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to determine equilibrium fee and category decisions that depend...
Persistent link: https://www.econbiz.de/10012799740
This article develops a model in which an intermediary uses a supply chain finance (SCF) program to fund suppliers. The … needs. We show that the intermediary optimally selects not only suppliers with positive profitability but also suppliers …
Persistent link: https://www.econbiz.de/10014469327
diversity of exports. Direct sales maintain a firm's unique product characteristics (brand equity), whereas trade through an … intermediary can take two forms - either a wholesaling arrangement that (also) maintains the exporter's unique brand but imposes a … other firms' output and re-sold under a new private label brand created by the intermediary. This paper focuses on the …
Persistent link: https://www.econbiz.de/10010291887
Are firms` expectations systematically too optimistic or too pessimistic? Does it matter? We use micro data from the West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level and combine them with production expectations over a...
Persistent link: https://www.econbiz.de/10010292702
This paper introduces a model of limited consumer attention into an otherwise standard new trade theory model with love-of-variety preferences and heterogeneous firms. In this setting, we show that trade liberalization needs not be welfare enhancing if the consumers' capacity to gather and...
Persistent link: https://www.econbiz.de/10010292706
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...
Persistent link: https://www.econbiz.de/10010292713
We present a factor-proportions trade model in which heterogeneous firms can offshore intermediate inputs subject to fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor-intensive inputs to the labor-abundant countries than...
Persistent link: https://www.econbiz.de/10011388202
Recent trade theory in the Krugman (1980) tradition predicts that countries with larger market size enjoy higher levels of total factor productivity (TFP) – and equivalently of real per capita income or welfare – as a smaller fraction of spending on inputs is affected by trade costs....
Persistent link: https://www.econbiz.de/10011388257