This paper provides empirical evidence from France on the role of export intermediary firms. Using data from 20,000 French firms, this paper tests two of the five transaction cost-based propositions on the role of export intermediaries by Peng and Ilinitch (1998). While the empirical evidence...

This paper explores the mechanisms by which economic integration leads to increased trade between new and old member states of the EC. Theoretical considerations imply that the increase in the export value should, to a large extent, be due to new exporters entering new markets. Moreover, small...

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...

Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....