Showing 1 - 10 of 2,441
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … industry. Using firm level data from China, we document that wholesalers play no such role for direct importers. However, other …
Persistent link: https://www.econbiz.de/10012857766
matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese … firms position themselves in global production lines and how this evolves with productivity and performance over the firm … production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more …
Persistent link: https://www.econbiz.de/10012501399
and their consequences on average productivity and welfare in a trade model with heterogeneous firms. We find that the … decisions, having an impact on the average productivity of the economy and, ultimately, on welfare …
Persistent link: https://www.econbiz.de/10012861384
A fundamental result in the theory of commodity taxation is that taxes increase consumer prices and reduce supply …
Persistent link: https://www.econbiz.de/10014078672
This paper analyzes how exporters are affected by corporate tax reforms in destination markets. We introduce tax policy in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower corporate tax rates. This competitive effect induces firms...
Persistent link: https://www.econbiz.de/10012861462
products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or … produce abroad at the product-level and, in turn, the relative productivity between parents and affiliates …
Persistent link: https://www.econbiz.de/10012825997
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...
Persistent link: https://www.econbiz.de/10013290783
A striking pattern in transaction-level data is the concentration of international shipments in the hands of a few large firms. One common feature of dominating high-performance firms is that they produce multiple products and ship them to many destinations. Motivated by the emergence of highly...
Persistent link: https://www.econbiz.de/10013299337
In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...
Persistent link: https://www.econbiz.de/10013314672
number of structural shocks as domestic and foreign productivity shocks in final tradables and non-tradables, money demand …
Persistent link: https://www.econbiz.de/10013317027