Showing 1 - 10 of 27
The decision to serve foreign markets through exports or foreign direct investment (FDI) has been studied within … proximity-concentration models of location, mainly in the context of trade in goods. This paper adapts these models to account … between exports and FDI using service-level data for firms in Belgium selling services abroad. Three different types of …
Persistent link: https://www.econbiz.de/10012243780
One of the most important predictions made in recent international trade literature based on heterogeneous firms … concerns the within-industry job reallocation from firms not involved in international markets to those that are. This paper … on their international trading activities. The results suggest that, at three-digit industry levels, the shifts in …
Persistent link: https://www.econbiz.de/10011610235
We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 … naturally to a difference in differences estimation, with international differences in trade openness at the sector level …) and Melitz and Ottaviano (2005). The model is constructed to yield testable implications for the dynamics of international …
Persistent link: https://www.econbiz.de/10011623991
and for Cyprus and Malta as they are Commonwealth countries. When only the trade channel of Brexit is estimated, GDP (or … with higher non-tariff trade barriers. Results are sensitive to some parameters such as the reaction of trade volumes to … changes in tariffs and non-tariff trade barriers (trade elasticities). Reaching a Free Trade Agreement could limit the GDP …
Persistent link: https://www.econbiz.de/10011967412
We demonstrate that common modeling assumptions underlying micro-unit productivity indices induce biases in the evolution and decomposition of standard aggregate productivity measures. After controlling for such biases, we decompose aggregate productivity based on groups of economically...
Persistent link: https://www.econbiz.de/10011802718
firm, industry and host-regions matter in explaining heterogeneity in export behaviors. The international entrepreneurship … literatures on variance decomposition and international entrepreneurship. …
Persistent link: https://www.econbiz.de/10012584911
This paper provides an estimation of the reaction of firm-level exports consecutive to real exchange rate movements … - the exchange rate elasticity of exports. Following recent theoretical works emphasizing the role played by firm … heterogeneous reaction of different firms may contribute to shape the aggregate reaction of countries' exports. The analysis relies …
Persistent link: https://www.econbiz.de/10011901956
For small open economies, it is essential that many firms find their way to the export market and most governments provide some form of export promotion assistance. We use detailed firm-level data for Flanders, the largest region in Belgium, to evaluate whether its program raises firms'...
Persistent link: https://www.econbiz.de/10011635024
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity...
Persistent link: https://www.econbiz.de/10011584150
and export performance among European economies. We use the information compiled in the Trade module of CompNet to … establish new stylized facts regarding the joint distributions of the firm-level exports performance and productivity in a panel … more productive than starters. At the intensive margin, we show that both the level and the growth of firm-level exports …
Persistent link: https://www.econbiz.de/10011586224