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Opposing firm-level Responses to the China Shock : Horizontal Competition Versus Vertical Relationships?

Aghion, Philippe; Bergeaud, Antonin; Lequien, Matthieu; … - National Bureau of Economic Research - 2021

We decompose the "China shock" into two components that induce different adjustments for firms exposed to Chinese exports: a horizontal shock affecting firms selling goods that compete with similar imported Chinese goods, and a vertical shock affecting firms using inputs similar to the imported...

Persistent link: https://www.econbiz.de/10012616643

Product Mix and Firm Productivity Responses to Trade Competition

Mayer, Thierry - 2016

We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products … sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their … increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity …

Persistent link: https://www.econbiz.de/10012456244

Supply-Side Policies in the Depression : Evidence from France

Cohen-Setton, Jérémie - 2016

The effects of supply-side policies in depressed economies are controversial. We shed light on this debate using evidence from France in the 1930s. In 1936, France departed from the gold standard and implemented mandatory wage increases and hours restrictions. Deflation ended but output...

Persistent link: https://www.econbiz.de/10012456535

Who Gets the Money? The Dynamics of R&D Project Subsidies in Germany

Aschhoff, Birgit - 2008

The question of the allocation of public R&D funding is becoming particularly important when it comes to identifying the effects of state subsidies, in terms of input or output additionality. This analysis goes one important step further than the existing literature by including the time...

Persistent link: https://www.econbiz.de/10010298027

The effect of subsidies on R&D investment and success: do subsidy history and size matter?

Aschhoff, Birgit - 2009

This study provides insights into the effects of public R&D grants on R&D input and output of firms from Germany …

Persistent link: https://www.econbiz.de/10010298803

Who Gets the Money? The Dynamics of R&D Project Subsidies in Germany

Aschhoff, Birgit - 2009

This paper looks at which firms receive R&D project grants and how this public support evolves over time by considering in particular firm's previous participation. The question of the allocation of public R&D funding is becoming particularly important when it comes to identifying the effects of...

Persistent link: https://www.econbiz.de/10010298811

Structural properties of cooperation networks in Germany: From basic to applied research

Brökel, Tom; Graf, Holger - 2010

industries. The study is based on a new data source on subsidized R&D cooperation in Germany, which is presented in detail and …

Persistent link: https://www.econbiz.de/10010281619

The Inter-War Gold Exchange Standard : Credibility and Monetary Independence

Bordo, Michael D. - 2001

In this paper we analyze the operation of the inter-war gold exchange standard to see if the evident credibility of the system conferred on participating central banks the ability to pursue independent monetary policies. To answer this question we econometrically analyze two key parity, or...

Persistent link: https://www.econbiz.de/10012470290

Financial Systems, Economic Growth, and Globalization

Rousseau, Peter L. - 2001

formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that …

Persistent link: https://www.econbiz.de/10012470401

Stock Return Predictability : Is it There?

Ang, Andrew - 2001

We ask whether stock returns in France, Germany, Japan, the UK and the US are predictable by three instruments: the …

Persistent link: https://www.econbiz.de/10012470517

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