Showing 1 - 10 of 2,053
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011762805
We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff liberalization between the European Union and...
Persistent link: https://www.econbiz.de/10014487176
Several studies have analyzed the trade and output effects of the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, but our paper is the first attempt to study its welfare effects. We measure the welfare effect of TTIP as the percentage of...
Persistent link: https://www.econbiz.de/10011527321
We explore how the competitive pressure of imports affects productivity, at the firm level. There are two conflicting … effects of import-competition: the pro-competitive effect fosters productivity, while the direct effect hinders it. The pro … productivity gap, the firm shuts down. Here, a temporary tariff sways the firm to fight, and ensures survival, which is welfare …
Persistent link: https://www.econbiz.de/10011417806
This paper studies the importance of incentives as a determinant of international trade flows. We argue that barter, countertrade and foreign direct investment can be seen as efficient institutions that mitigate contractual hazards which arise in technology trade, marketing and imperfect capital...
Persistent link: https://www.econbiz.de/10011417816
Persistent link: https://www.econbiz.de/10009745488
Persistent link: https://www.econbiz.de/10010340169
Persistent link: https://www.econbiz.de/10010465108
Persistent link: https://www.econbiz.de/10003528424
Persistent link: https://www.econbiz.de/10003403162