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We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe … and export exposure. We find that the rise of "the East" in the world economy caused substantial job losses in German … regions specialized in import-competing industries, both in manufacturing and beyond. Regions specialized in export …
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This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...
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impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3 … covering the period from 1984-2010 for Germany respectively 1992-2011 for the U.S. and apply system GMM in order to solve … Germany. A differentiation between imported intermediates (efficient sourcing strategy) and final inputs (competition) reveals …
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