Showing 1 - 10 of 13
We develop a simple model of the choice between exploiting a technology in another country via export and via direct …
Persistent link: https://www.econbiz.de/10012473405
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
Land and capital serve not only as factors of production but as assets which households use as stores of value. Standard trade models typically recognize only the first role. In its role as an asset land reduces the amount of national savings available for capital investment. Foreign investment...
Persistent link: https://www.econbiz.de/10012477574
We apply a modified 'gravity model' incorporating measures of factor endowments to analyze Japanese and U.S. bilateral trade flows and direct foreign investment positions with a sample of around 100 countries for the period 1985-1990. Country features that our analysis takes into account are...
Persistent link: https://www.econbiz.de/10012473842
identify specific barriers to exporting and to measure their importance. We develop a model of firm-level export dynamics that … response of total export sales to an exchange rate shock exceeds the 1-year response by about 40 percent, with the 1-year …
Persistent link: https://www.econbiz.de/10012599390
Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of firm-to-firm matching that...
Persistent link: https://www.econbiz.de/10012814460
We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows...
Persistent link: https://www.econbiz.de/10012480070
Using transactions-level customs data from Colombia, we study firm-specific export patterns over the period 1996 … previous year. These new exporters tend to be extremely small in terms of their overall contribution to export revenues, and … most do not continue exporting in the following year. Hence export sales are dominated by a small number of very large and …
Persistent link: https://www.econbiz.de/10012465115
manufacturers: (1) Firms differ substantially in export participation, with most selling only at home; (2) The number of firms …
Persistent link: https://www.econbiz.de/10012468349
data on bilateral trade in manufactures among 92 countries and to firm-level export data for a much narrower sample shows …
Persistent link: https://www.econbiz.de/10012460795