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We investigate whether exposure to export markets improves plant productivity. Our estimation framework adds export experience as an additional state variable and a fixed cost of entry into export markets to Olley and Pakes’s (1996) behavioral model. We find robust evidence of a positive...
Persistent link: https://www.econbiz.de/10005619926
Casual evidence suggests that multinational companies increasingly look for places with adequate transport and logistics infrastructure to locate affiliates that participate in cross-border production sharing. Yet, there are no systematic empirical analyses examining how logistics infrastructure...
Persistent link: https://www.econbiz.de/10011108286
This paper studies the relative geographic scope of two different channels of knowledge flows, a market channel where knowledge diffuses via patent transactions and a non-market channel where knowledge spillovers operate via patent citations. While there is significant work on informal...
Persistent link: https://www.econbiz.de/10011109508
An increasing number of case studies provide evidence that the interaction between global actors and firms in developing countries, particularly within the context of global supply chains, translate into critical knowledge acquisition. Examining vertically-integrated affiliates located in Chile...
Persistent link: https://www.econbiz.de/10011109936
In this paper we focus on the relationship between internationalization choices and survival of Italian firms during the financial crisis. Making use of a new database matching four firm-level datasets provided by the Italian National Statistical Institute (ISTAT), we build a detailed taxonomy...
Persistent link: https://www.econbiz.de/10011260894
We are living in an increasingly globalized world yet with constant and endless conflicts among countries. While studies have uncovered the impacts of various economic factors and policy regimes on trade and investment, a much less understood issue is whether conflicts among countries have any,...
Persistent link: https://www.econbiz.de/10011114226
This paper addresses an important development issue in literature of international production, namely what motivates market‐seeking foreign direct investment (FDI) to undertake export activities. It is well recognized in the concerned literature that export‐oriented FDI is more beneficial...
Persistent link: https://www.econbiz.de/10005626831
This paper applies the dynamic panel model to investigate whether China is crowding- out FDI from other Asian economies. In addition to an analysis of aggregate FDI like prior studies, an investigation is carried out for FDI from three major investors in the region: Japan, the United States and...
Persistent link: https://www.econbiz.de/10008693545
Global Value Chains are a dominant feature of today’s global economy, yet their empirical analysis is still incipient. Building on a recent OECD-WTO database and the results of an on-going research program at WTO, the present essay contributes at filling this gap, after introducing the main...
Persistent link: https://www.econbiz.de/10011110140
With the rise of global value chains, effective protection rates (EPRs) provide important insights on the impact of nominal tariffs on the competitiveness of industries. Building on the results of the OECD-WTO Trade in Value-Added TiVA database, the paper analyses the evolution of EPRs in about...
Persistent link: https://www.econbiz.de/10011110197