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endogeneity and simultaneity problem existing in the inputs selection (inherent to this type of estimations). The results show …
Persistent link: https://www.econbiz.de/10012238011
In this paper we study firm dynamics and industry equilibrium when firms under financial distress face a non-trivial choice between alternative bankruptcy procedures. Given limited commitment and asymmetric information, financial contracts specify default, renegotiation and reorganization...
Persistent link: https://www.econbiz.de/10011673284
Recent studies have shown that developing countries might have significantly better export performance if they were able to increase the duration of their trade relationships. Evidence on duration of these relationships at the firm level is virtually absent. In this paper, we aim at filling this...
Persistent link: https://www.econbiz.de/10011294503
potential endogeneity problems affecting the relationship between internal infrastructure and trade. In this paper, we overcome … transport costs. We find that diminished transportation infrastructure had a significant negative impact on firms’ exports. …
Persistent link: https://www.econbiz.de/10011303833
Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment …. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher … domestic production, as imports of intermediate products used as inputs in exports also increase. Global Value Chains (GVCs …
Persistent link: https://www.econbiz.de/10012233579
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014529884
In this paper we analyze changes in the export mix of Chilean firms, looking particularly at differences between large firms and SMEs. To do that, we use detailed information of exported products by firms during the period 1995-2005. Our econometric results, which look at the impact of export...
Persistent link: https://www.econbiz.de/10011286252
margin effect on Chinese exports. ARG antidumping measures only had an intensive margin effect. COL antidumping measures had … find any shift in the destinations of the affected Chinese exports. …
Persistent link: https://www.econbiz.de/10011625977
; Exports ; Argentina …
Persistent link: https://www.econbiz.de/10008823901
While many studies explain the correlation between firm-level productivity and export status entirely by better firms self-selecting into exporting, a few studies find evidence of reverse causation. Especially in developing or transition economies, exporters seem to improve performance after...
Persistent link: https://www.econbiz.de/10011285628