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constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … these constraints force export and innovation activities to become substitutes even when these activities are natural … level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial …
Persistent link: https://www.econbiz.de/10008468676
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. … of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm …
Persistent link: https://www.econbiz.de/10008631682
defence firms will progressively become more efficient, less dependent on public procurement and innovation policy support … an increase in the industry’s export propensity and a less concentrated market. …
Persistent link: https://www.econbiz.de/10009401070
Danish productivity has grown only weakly over the past two decades, both historically and in relation to other … countries, despite sound policies and institutions. At the same time, the country has lost export market shares. Denmark needs … to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth …
Persistent link: https://www.econbiz.de/10011276893
Various attempts have been made recently at explaining why productivity differences persist between rich and poor … interacting financial development with macroeconomic variables such as average productivity or output volatility in growth and …
Persistent link: https://www.econbiz.de/10008478331
The paper carries out an empirical analysis of the factors explaining the export performance of firms in the defence … research on the three most important defence export products (weapon stations, ammunition, electronics). Our empirical results …
Persistent link: https://www.econbiz.de/10009418488
The most significant structural change undergone by the British and Swiss economies during the past 25 years (1975-2000) is indisputably the development of their financial systems. From this point of view, the two countries show a number of similarities: the presence of one or more international...
Persistent link: https://www.econbiz.de/10010567136
This paper aids our understanding of the link between innovation and exporting behavior by detailing how firms may … purposefully decide on the source country for the imported innovation and the market that they ultimately serve. We argue that … 1998-2001, suggest the existence of positive and highly significant effect of spending on new technology on the export …
Persistent link: https://www.econbiz.de/10008587770
The desire to increase manufacturing productivity has been a commonly cited goal of the trade liberalization episodes … in productivity. However, this paper finds that the methodology used in the literature ignores inter …-industry productivity spillovers and suggests that this omission biases estimates of the impact of import tariff reduction on industry …
Persistent link: https://www.econbiz.de/10011113736
Many seemingly discordant results are reconciled if firm-specific return volatility is characterized as the intensity with which firm-specific events occur. A functionally efficient stock market allocates capital to its highest value uses, which often amounts to financing Schumpeterian creative...
Persistent link: https://www.econbiz.de/10010951344