Békès, G.; Fontagné, L.; Murakozy, B.; Vicard, V. - Banque de France - 2014
size of their export shipments. In our inventory model, transportation costs and optimal shipment frequency are determined …-product-destination level French export data we show that, in line with the predictions of the model, firms adjust on both margins for market … convex marginal cost function. Firms adjust to increased uncertainty by reducing their sales and, for a given export volume …