Showing 1 - 10 of 11
Exporting is often touted as a way to increase economic growth. This paper examines whether exporting has played any role in increasing productivity growth in U.S. manufacturing. Contemporaneous levels of exports and productivity are indeed positively correlated across manufacturing industries....
Persistent link: https://www.econbiz.de/10012471659
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
Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview...
Persistent link: https://www.econbiz.de/10012463985
This paper studies the link between volatility, labor market flexibility, and international trade. International differences in labor market regulations affect how firms can adjust to idiosyncratic shocks. These institutional differences interact with sector specific differences in volatility...
Persistent link: https://www.econbiz.de/10012465592
Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...
Persistent link: https://www.econbiz.de/10012465600
aggregate export and FDI sales relative to the domestic and foreign market sizes. In particular, it is shown that firm level … heterogeneity is an important determinant of relative export and FDI flows. We use the model to derive testable empirical … predictions on the relative aggregate export and FDI sales in a given country for a given sector based both on relative costs and …
Persistent link: https://www.econbiz.de/10012469264
This paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of U … government export promotion expenditures. Entry and exit in the export market by U.S. plants is substantial, past exporters are … apt to reenter, and plants are likely to export in consecutive years. However, we find that entry costs are significant …
Persistent link: https://www.econbiz.de/10012470371
manufacturing sector. This paper examines the source of this export boom and argues that the boom itself has been less remarkable … for the rate of growth of exports than for the striking increase in export intensity. This increase in export intensity … income are the dominant sources for the export increase, while productivity increases in U.S. plants play a relatively small …
Persistent link: https://www.econbiz.de/10012472367
This paper investigates the effect of export shocks on innovation. On the one hand a positive shock increases market … export market. This in turn reduces profits and therefore innovation incentives particularly for firms with low productivity …. Overall the positive impact of the export shock on innovation is magnified for high productivity firms, whereas it may …
Persistent link: https://www.econbiz.de/10012453117
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