Showing 1 - 10 of 10,140
We document how export quantities and prices evolve after entry to a market. Controlling for marginal cost, and taking …
Persistent link: https://www.econbiz.de/10012456737
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
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
liquidity are able to export. A set of firms could profitably export, but they are prevented from doing so because they lack … inherit a large amount of liquidity, are more likely to export. This model predicts that the scarcer the available liquidity …
Persistent link: https://www.econbiz.de/10012459491
Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10012463119
I develop a new theory of marketing costs and introduce it into a model of trade with product differentiation and firm …, Kortum and Kramarz, in particular the higher sales in France of firms that choose to export to more destinations. The model … predicts that most firms do not export, and that a large proportion of firms that export in particular markets do so in small …
Persistent link: https://www.econbiz.de/10012464433
This paper investigates the determinants of countries' export performance looking in particular at the role of … decomposition we move on to an econometric analysis of the determinants of export performance. Results include the finding that poor … explaining Sub-Saharan Africa's poor export performance …
Persistent link: https://www.econbiz.de/10012469061
Exporters differ considerably in terms of export-market participation over time and employment size. But this marked … experience at other exporters. We show that expected export status, predicted with current destination-country trade instruments … reduced market penetration at the firm losing the worker. This evidence is consistent with the hypothesis that expected export …
Persistent link: https://www.econbiz.de/10012459700
to invest in large export networks that are valuable to foreign multinationals because of locational differences and … network as valuable to serve independently, increasing the surplus generated by a foreign acquisition. From the theory we … derive a dynamic panel binary choice empirical model that uses predetermined export activity and the evolution of target firm …
Persistent link: https://www.econbiz.de/10012460246
This paper studies the entry and exit of U.S. manufacturing plants over the business cycle and compares the results with those from a vintage capital model augmented to reproduce observed features of the plant life cycle. Looking at the entry and exit of plants provides new evidence supporting...
Persistent link: https://www.econbiz.de/10012472866