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productive enough to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export … 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 …
Persistent link: https://www.econbiz.de/10012951688
This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling … heavy-tailed distribution of industry export capabilities that is approximately log normal and whose shape is stable across … productivities. We establish that mean reversion in export capability, rather than indicative of convergence in productivities or …
Persistent link: https://www.econbiz.de/10013009768
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to … EPPs across sectors, and hence across countries, can be explained by the variation in productivity dispersion, trade costs …
Persistent link: https://www.econbiz.de/10013057657
Using a two-factor (labor and capital), two-good (shift-working and non shiftworking commodities) model with two countries (Home and Foreign) which are located in different time zones, we highlight the impact of trade in labor services (via communication networks) on the comparative advantage of...
Persistent link: https://www.econbiz.de/10013121206
The issue of low-wage competition in services trade involving posted workers is controversial in the EU. Using Swedish survey data, people's attitudes are found to be more negative to such trade than to goods trade. The differences depend on both a preference for favouring social groups to which...
Persistent link: https://www.econbiz.de/10013104832
services at the firm level. We use these data to study export market participation and the choice of export mode: cross …-border versus foreign affiliate sales. We find that for firms in our sample productivity is both a statistically significant and … economically important determinant of the export participation and export mode choice. We also identify the role of industry- and …
Persistent link: https://www.econbiz.de/10013106910
In this fascinating new field, this paper offers some reflections on portability of social benefits, and tries to identify promising research topics. These reflections are organized in three sections. The first analyzes the channels that underpin the positive value of portability of social...
Persistent link: https://www.econbiz.de/10013064652
Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data-processing to be performed anywhere in the world. They thus become tradable and subject to the laws of comparative advantage. A good example is data-processing within large...
Persistent link: https://www.econbiz.de/10013158458
A structural gravity model is used to estimate barriers to services trade across many sectors, countries and time. Since the disaggregated output data needed to flexibly infer border barriers are often missing for services, we derive a novel methodology for projecting output data. The empirical...
Persistent link: https://www.econbiz.de/10013011441
This paper documents that tax havens play a prominent role in international service trade and investigates the nature of this role. We employ a firm-level dataset with detailed information about service trade and foreign affiliates for virtually all multinational firms in Germany, which allows...
Persistent link: https://www.econbiz.de/10013019849