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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
Bargaining power may explain the tax differences between multinational and national enterprises beyond MNEs' profit shifting. Larger firms (mostly MNEs) are more valuable for tax authorities for various reasons. In threatening relocation, larger firms extract greater deductions, resulting in a...
Persistent link: https://www.econbiz.de/10012917019
Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...
Persistent link: https://www.econbiz.de/10012774187
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 aggregation bias. We find that the substitution of...
Persistent link: https://www.econbiz.de/10013009869
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
impacts include changes in the probability of entry into the export market, the fraction of firms that export and the share of … export revenue. We test our hypotheses using Chinese firm-level data for the years after China's accession to WTO in 2001 …
Persistent link: https://www.econbiz.de/10012994179
differentiated goods. Allowing differentiated-good firms to export creates an additional channel through which a reduction in the …
Persistent link: https://www.econbiz.de/10013060482
I show in this paper that incomplete contracts affect a firm's decision about serving foreign customers through exports or local sales from an affiliated plant. When contracts between two agents within a firm are too costly to write, the share of multinational firms may be higher or lower...
Persistent link: https://www.econbiz.de/10013135913
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on …
Persistent link: https://www.econbiz.de/10012916953
differ from those in an export-only model. Calibrating our model to rich firm-level data from France and Norway, our main …
Persistent link: https://www.econbiz.de/10012929535