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This paper examines the decision to enter the export market by German firms. While exports have played an important … role in recent German business cycle movements, little is known about the export supply response of German firms. This … paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of German manufacturing …
Persistent link: https://www.econbiz.de/10012472269
export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies … export entry. I estimate my model on standard firm-level data and find substantial additional productivity gains from … entering export markets …
Persistent link: https://www.econbiz.de/10012462109
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volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing … environment and product-specific factors play important roles in explaining the existence of export intermediaries. These … export intermediaries to overcome country and product fixed costs means that they can more easily respond along the extensive …
Persistent link: https://www.econbiz.de/10012460946
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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...
Persistent link: https://www.econbiz.de/10012616643
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&D spending is found to have a larger impact on firm productivity in the export market than in the domestic market. Export market … are 30.4 and 8.9 percent, respectively. R&D adjustments in response to export tariffs mainly occur on the intensive …
Persistent link: https://www.econbiz.de/10012482206
and joint ventures trade more and import more products from more source countries, but export fewer products to fewer … international trade and the importance of foreign ownership for firms' export and import decisions …
Persistent link: https://www.econbiz.de/10012463400
We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct … outcomes. We find that firms whose export destinations experience greater currency depreciation have slower export growth, and … that export growth leads to increases firm productivity and other firm performance measures. Consistent with "earning …
Persistent link: https://www.econbiz.de/10012464017