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their profitability in different countries and products, but learn it as they start to export. As a consequence, exporters …, we find empirical support consistent with such a mechanism, where firms learn from their initial export experiences and …
Persistent link: https://www.econbiz.de/10012534564
in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower … corporate tax rates. This competitive effect induces firms to reduce the number of exported products and to skew their export …
Persistent link: https://www.econbiz.de/10012064599
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
neighbors currently selling there, the level and heterogeneity of their export sales, and the firm's own prior knowledge about … the market. A positive signal about demand inferred from neighbors' export performance raises the firm's probability of … exit are independent of the prevalence of neighboring export activities. We find supporting evidence from the transaction …
Persistent link: https://www.econbiz.de/10010256701
export experience in a market are more likely to source service inputs from there. We rationalize this fact in a model where … firms are initially uncertain about how successful they are as exporters, but learn their export profitability as they keep … they become sufficiently confident about their export prospects, i.e., once they acquire enough export experience. More …
Persistent link: https://www.econbiz.de/10012534705
We provide an overview and synthesis of recent work on models of monopolistic competition with heterogeneous firms in international trade, paying particular attention to competition effects, pass-through, selection effects, and linking distributions of firm characteristics and outcomes. A...
Persistent link: https://www.econbiz.de/10012129746
Persistent link: https://www.econbiz.de/10003647251
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/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 … greater fixed export costs than low-productivity exporters. We also find that the substitution between fixed export costs and …
Persistent link: https://www.econbiz.de/10010256719
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 … and firm-level export are combined and an instrumental-variable approach is utilized. The results show that the imposition …
Persistent link: https://www.econbiz.de/10012312278