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-setting power) and (iii) revenue productivity. We apply this framework to analyze whether the pricing behavior of firms in product …
Persistent link: https://www.econbiz.de/10011772937
countries is large, while exports become more important if scale economies in production are large. This paper investigates … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011378320
home country. This paper investigates the effects on productivity and trade from the perspective of transaction costs … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger … than the effect of R&D on productivity. …
Persistent link: https://www.econbiz.de/10011373831
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
This paper examines the impact of WTO membership on the extensive and intensive margins of product and labor market power of Chinese manufacturing firms during the period 1999- 2006. We first identify a firm's regime of competitiveness, corresponding to a combination of a product market setting...
Persistent link: https://www.econbiz.de/10012026039
We derive a real gravity equation and gain several new insights that were hidden in the nominal specification used so far. Most importantly, the real effective exchange rate (REER) of the exporter and, via the importer's terms of trade, also the importer's REER matter, and we can identify the...
Persistent link: https://www.econbiz.de/10011791519
Persistent link: https://www.econbiz.de/10009723031
exports. Contrary to the existing literature that describes processing firms as inferior, these mixed firms are superior to … choose to engage in both activities. We test our model's central prediction by exploiting China's pilot \paperless … that facilitating processing exports induces productive domestic downstream firms to establish their own trademarks. Our …
Persistent link: https://www.econbiz.de/10012122573
simultaneity bias in productivity estimates through semi-parametric techniques, we find that changes in domestic firms’ TFP are …
Persistent link: https://www.econbiz.de/10011346463
plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …
Persistent link: https://www.econbiz.de/10010384393