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customers. To understand firms’ export strategies, we analyse new trade flows – new seller-buyer-product combinations – of … individual exporters. Our first finding highlights that these new trade flows are an important margin for firms of all size … classes, accounting for approximately 62% of their overall trade flows. Classifying new trade flows into going …
Persistent link: https://www.econbiz.de/10015046277
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … sales and exporting probabilities but also makes exports less sensitive to trade policy; (ii) the most productive exporters … regularities by developing a new firmbased trade model wherein managers are risk averse. Higher volatility induces the reallocation …
Persistent link: https://www.econbiz.de/10011547934
vertical product differentiation where the link between export performance and product quality is central. The impact of other … analysis, we show that export spells have a short duration, 20 months on average. Particularly 72.2% of trade relationships in …This paper explores firms' export dynamics in emerging economies where local firms face stiff foreign competition, both …
Persistent link: https://www.econbiz.de/10011586251
EPPs across sectors, and hence across countries, can be explained by the variation in productivity dispersion, trade costs …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 …
Persistent link: https://www.econbiz.de/10010246063
This paper provides a direct test of how fixed export costs and productivity jointly determine firm-level export …, while those with higher productivity export more. These outcomes are the foundation of the widely-used sorting mechanism in … the trade models with firm heterogeneity. A particular and novel finding is that high-productivity nonexporters face …
Persistent link: https://www.econbiz.de/10010256719
with lower productivity are more vulnerable to the trade barriers. …This paper investigates the impact of restrictive TBTs on firms' extensive margins (export participation and exit … probability), intensive margins (export value) and pricing strategy (export price). To this end, product-level restrictive TBTs …
Persistent link: https://www.econbiz.de/10012312278
show that the distribution of export intensity not only varies substantially across countries, but in a large number of … standard, two-country model of trade in which firms are heterogeneous in terms of the demand they face in each market. We show … dispersion, the distribution of export intensity has two modes in the boundaries of the support and their height is determined by …
Persistent link: https://www.econbiz.de/10011750100
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/10011822884
uncertainty indicators are negatively related to economic performance. Specifically, an increase in uncertainty in export …Using data from the World Uncertainty, World Trade Uncertainty, and World Pandemic Uncertainty indices for 142 … countries, this paper introduces three new indicators for measuring uncertainty in Turkey's export markets from the first …
Persistent link: https://www.econbiz.de/10012240442
quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … broad support for the model's predictions. First, better managed firms are more likely to export, sell more products to more … destination countries, and earn higher export revenues and profits. Second, better managed exporters have higher prices, higher …
Persistent link: https://www.econbiz.de/10011864551