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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...
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endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France …
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higher in France than in the United States, and noticeably lower in the United Kingdom (by roughly 10%) and even lower in … Japan (30%), while TFP levels are very close in France, the United Kingdom and the United States, but much lower (40%) in … to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable catching …
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This paper investigates the effect of export shocks on innovation. On the one hand a positive shock increases market size and therefore innovation incentives for all firms. On the other hand it increases competition as more firms enter the export market. This in turn reduces profits and...
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own understanding of the tax system. We use new French tax returns data from 1994 to 2012. France serves as a good quasi …
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