Showing 1 - 10 of 682
Uncertainty about the level of demand is thought to influence irreversible capacity decisions. This paper examines some … this sector have the ability to deliver cement either from domestic plants or from imports. Since cement is costly to … transport via land, the difference in marginal cost between local production and imports varies across local markets. The …
Persistent link: https://www.econbiz.de/10008696743
We study how financial frictions affect firm-level heterogeneity and trade. We build a model where productivity differences across monopolistically competitive firms are endogenous and depend on investment decisions at the entry stage. By increasing entry costs, financial frictions lower the...
Persistent link: https://www.econbiz.de/10011447515
The cost of complying with a sanitary standard is certain. However, such regulatory measure is a source of uncertainty for exporting firms in relation to border rejections. Shipments may fail to pass inspections and may be refused entry into the importing country. We examine how the risk of...
Persistent link: https://www.econbiz.de/10011447532
We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the …
Persistent link: https://www.econbiz.de/10012495680
in imports from China on innovation in the US manufacturing sector. We combine patent, firm and trade data during 1990 …
Persistent link: https://www.econbiz.de/10011688170
We analyze the effect of the increase in trade exposure induced by the rise of China and the transformation of Eastern Europe on collective bargaining coverage of German plants in the period 1996–2008. We exploit cross-industry variation in trade exposure and use trade flows of other...
Persistent link: https://www.econbiz.de/10012033340
This paper shows that import exposure affects voting behavior because it affects local labor markets. We develop a new framework for mediation analysis where one instrumental variable is sufficient to identify three causal effects. Using German data from 1987-2009, we find that import exposure...
Persistent link: https://www.econbiz.de/10011781026
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011955762
trade costs when facing a risk of stockouts due to demand uncertainty and order lead times for imports. We study two … strategies firms may use to avoid stockouts, namely holding inventories of imports, and engaging in dual sourcing. Both …
Persistent link: https://www.econbiz.de/10013536154
We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows …
Persistent link: https://www.econbiz.de/10014422586