Showing 1 - 10 of 21
theoretical predictions we find that foreign-owned firms do export more goods to more countries after controlling for firm size …
Persistent link: https://www.econbiz.de/10013315735
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10013056834
This paper proposes a proximity-concentration tradeoff in product space as a determinant of horizontal foreign direct investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a differentiated product with characteristics that the...
Persistent link: https://www.econbiz.de/10013060458
Germany's export market share increased since 2000, while most industrial countries experienced declines. This study …-shoring). An export model is estimated covering the period 1993-2005. The dominant factor explaining the increase in market share … are trade relationships with fast growing countries. Regionalized production in the export sector also played a part …
Persistent link: https://www.econbiz.de/10013317155
this theoretical and empirical puzzle by diagnosing a "pathological export boom" and a "bazaar effect". Excessively high … fraction of the labour intensive sectors and drive too much capital and labour into the capital intensive export sectors … upstream production activities which implies that export quantities grow too much in relation to value added contained in …
Persistent link: https://www.econbiz.de/10013317598
This paper provides an empirical analysis of the effects of new product versus process innovations on export propensity …. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture … innovations and their impact on export propensity at the firm level through a double treatment approach …
Persistent link: https://www.econbiz.de/10012750419
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...
Persistent link: https://www.econbiz.de/10013071383
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...
Persistent link: https://www.econbiz.de/10012963770
has a stronger effect on volatility than a similar change in firms' export intensity. We also uncover evidence consistent …
Persistent link: https://www.econbiz.de/10013000911
Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural experiment for examining the effect of political borders on trade both in the cross-section and over time. With the fall of the Berlin Wall and the rapid formation of a political and...
Persistent link: https://www.econbiz.de/10013154269