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World market access of emerging-market firms : the role of foreign ownership and access to external finance

Raff, Horst; Trofimenko, Natalia - 2013

. Applying propensity score matching to control for differences across firms in terms of labor productivity, size, etc., we find …

Persistent link: https://www.econbiz.de/10009772816

Innovation and trade with heterogeneous firms

Long, Ngo Van; Raff, Horst; Stähler, Frank - 2009

industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ … significantly from the case of homogeneous firms. -- international trade ; firm heterogeneity ; R&D ; productivity ; market …

Persistent link: https://www.econbiz.de/10003887426

Intra-industry adjustment to import competition : theory and application to the German clothing industry

Raff, Horst; Wagner, Joachim - 2009

face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro … confirmed in an empirical study of the German clothing industry. -- international trade ; firm heterogeneity ; productivity …

Persistent link: https://www.econbiz.de/10003898866

Firm-specific characteristics and the timing of foreign direct investment projects

Raff, Horst (contributor); Ryan, Michael (contributor) - 2006

Persistent link: https://www.econbiz.de/10003462031

Asset ownership and foreign-market entry

Raff, Horst (contributor); Ryan, Michael (contributor); … - 2006

This paper examines the link between a firm’s ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through...

Persistent link: https://www.econbiz.de/10003301155

Cross-border and foreign-affiliate sales of services : evidence from German micro-data

Kelle, Markus; Kleinert, Jörn; Raff, Horst; Toubal, Farid - 2012

-border versus foreign affiliate sales. We find that for firms in our sample productivity is both a statistically significant and …

Persistent link: https://www.econbiz.de/10009535116

Debt and conditionality under endogenous terms of trade adjustment

Aizenman, Joshua; Borensztein, Eduardo - 1988

Persistent link: https://www.econbiz.de/10000831002

International reserves before and after the global crisis : is there no end to hoarding?

Aizenman, Joshua; Cheung, Yin-Wong; Itō, Hiro - 2015

We evaluate the impact of the global financial crisis (GFC) and recent structural changes in the patterns of hoarding international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During the pre-GFC period of 1999-2006, gross saving...

Persistent link: https://www.econbiz.de/10010490278

International reserves : precautionary vs. mercantilist views, theory and evidence

Aizenman, Joshua; Yi, Chae-u - 2005

Persistent link: https://www.econbiz.de/10003222995

Macroeconomic adjustment with segmented labor markets

Agénor, Pierre-Richard - 1994

Persistent link: https://www.econbiz.de/10013425290