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Persistent link: https://www.econbiz.de/10003623797
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
convenience of accessing a larger export market in the South. The gap persists even after controlling for known sources of …
Persistent link: https://www.econbiz.de/10014477795
Persistent link: https://www.econbiz.de/10003647251
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … intertemporal selection effects. -- export ; FDI ; uncertain productivity growth ; real option approach …
Persistent link: https://www.econbiz.de/10003883086
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/10010246063
This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...
Persistent link: https://www.econbiz.de/10009786048
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/10010256719
uncover the determinants of the fickle and stable parts of firm export product mix, we use a cross section of firm …
Persistent link: https://www.econbiz.de/10011472938
productivity with a shape parameter that depends on industry-level characteristics. A novel result is that export opportunities, by …, namely, that export opportunities increase firmheterogeneity by fostering innovation. …
Persistent link: https://www.econbiz.de/10011384472