Showing 1 - 10 of 318
' absence and had heterogeneous effects: larger firms and those with direct contractual relationships in export markets suffered …
Persistent link: https://www.econbiz.de/10012629517
We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost of primary inputs. We show how to aggregate plant-level data to this measure and how to use plant-level data to decompose our measure into technical efficiency and reallocation...
Persistent link: https://www.econbiz.de/10012466784
We develop a model of international trade with export quality requirements and two dimensions of firm heterogeneity. In … empirical fact that firm size is not monotonically related with export status: there are small firms that export and large firms … heterogeneity as they imply no variation in export status after size is controlled for. We find strong support for the predictions …
Persistent link: https://www.econbiz.de/10012463720
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
identify specific barriers to exporting and to measure their importance. We develop a model of firm-level export dynamics that … customs records of U.S. imports of manufactures from Colombia we replicate patterns of exporter maturation. A potentially … 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
Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while …
Persistent link: https://www.econbiz.de/10012659997
This research explores the effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, the study establishes that while the adoption of industrial technology was conducive to economic...
Persistent link: https://www.econbiz.de/10012454981
The importance of time in production was emphasized by Classical economists and was at the core of the Austrian capital theory proposed by Böhm-Bawerk and further elaborated by Wicksell, Hicks, Dorfman, and many others. A central concept in this literature is the existence of an 'average period...
Persistent link: https://www.econbiz.de/10015326492
Do firm entry and exit play a major role in shaping aggregate dynamics? Our answer is yes. Entry and exit propagate the effects of aggregate shocks. In turn, this results in greater persistence and unconditional variation of aggregate time-series. These are features of the equilibrium allocation...
Persistent link: https://www.econbiz.de/10012459446
In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...
Persistent link: https://www.econbiz.de/10012469762