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find export status to be positively correlated with both product market power (markups) and market power consolidated on …
Persistent link: https://www.econbiz.de/10011772937
To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct … Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … countries is large, while exports become more important if scale economies in production are large. This paper investigates …
Persistent link: https://www.econbiz.de/10011378320
services as inputs in manufacturing, with a particular focus on indirect exports of services through merchandise exports, and … also on the related interaction between service sector openness and the overall pattern of manufacturing exports. From the …
Persistent link: https://www.econbiz.de/10011372503
Traditional heterogeneous firms and trade models predict no causal relationship between firms' exports and domestic …-product sales in different markets for the first time in the literature to identify the channels that link exports and domestic … sales. First, I use an instrumental variables strategy and establish that an exogenous doubling of exports increases a firm …
Persistent link: https://www.econbiz.de/10011878817
We study the relationship between offshoring and the prevalence and intensity of labor market imperfections at the firm level in Belgium and the Netherlands. Wagemarkup pricing stemming from workers' monopoly power is more prevalent than wagemarkdown pricing originating from firms' monopsony...
Persistent link: https://www.econbiz.de/10014233431
Persistent link: https://www.econbiz.de/10009784939
is necessary to increase expenditure on R&D for business enterprises and higher education, exports and technology. If the …
Persistent link: https://www.econbiz.de/10010532120
We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...
Persistent link: https://www.econbiz.de/10011326966
all variables proposed by theory, despite a broad set of fixed effects (FE). We find that both REERs are important and … multilateral resistances. Untangling normalization helps to get a better view of what is still unexplained by theory. …
Persistent link: https://www.econbiz.de/10011791519
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a multilevel spatial production network model with time-varying parameters. The theoretical model is established for a multi-country and multi-sectoral economy. The reduced-form...
Persistent link: https://www.econbiz.de/10014233425