Showing 1 - 10 of 1,039
dispersed outcomes. As a result, credit frictions make firms smaller and more homogeneous, and hinder the volume of exports …. Export opportunities, instead, shift expected profits to the tail and increase the value of technological heterogeneity. We …. These results can be important for explaining the effect of financial development and factor endowments on export sales …
Persistent link: https://www.econbiz.de/10012994079
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....
Persistent link: https://www.econbiz.de/10013057657
estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …. The instrumented elasticity of export growth on the intensive margin with respect to the exporter's productivity growth is … advantages, and it establishes a connection of migration to home country exports beyond bilateral networks …
Persistent link: https://www.econbiz.de/10012902445
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on …. These findings are established through the estimation of a spatial bivariate probit model …
Persistent link: https://www.econbiz.de/10012916953
The fragmentation of production across borders allows firms to make and export final goods, or to perform only …, where exports are classified as ordinary trade, import-and-assembly processing trade (processing firm sources and pays for …
Persistent link: https://www.econbiz.de/10012994784
exports and take this model to data from Germany, one of the leading actors on the world market for goods. In line with …We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of … 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
This paper provides a direct test of how fixed export costs and productivity jointly determine firm-level export … behavior. Using Chilean data, we construct indices of fixed export costs for each industry-region-year triplet and match them … to domestic firms. Our empirical results show that firms facing higher fixed export costs are less likely to export …
Persistent link: https://www.econbiz.de/10013055421
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and … investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more … this negative impact, especially on the intensive margin of export. These results provide micro-founded evidence suggesting …
Persistent link: https://www.econbiz.de/10013079377
non-exporters. However, selecting high export potentials is difficult in practice. The contribution of this paper is to … characterize and identify these (high) export potentials. According to the Melitz (2003) model, potential exporters have to be … productive enough to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export …
Persistent link: https://www.econbiz.de/10012951688
China has defied the declining trend in domestic content in exports in many countries. We study China's rising domestic … content in exports using firm and customs transaction-level data. Our approach embraces firm heterogeneity and hence reduces …'s domestic content in exports to increase from 65% to 70% in 2000-2007. Such substitution was induced by the country's trade and …
Persistent link: https://www.econbiz.de/10013009869