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addition to "productivity", firms are also heterogeneous in their "caliber" — the ability to produce quality using fewer fixed … inputs. Compared to single-attribute models of firm heterogeneity emphasizing either productivity or the ability to produce …
Persistent link: https://www.econbiz.de/10009477200
There is a growing number of studies that investigate the effect of trade liberalization on productivity and nearly all … assume that trade policy is independently determined of productivity, hence it is exogenous. I show that this assumption is … of trade protection, productivity directly influences tariffs. Moreover, this productivity-tariff relationship partly …
Persistent link: https://www.econbiz.de/10009450823
In the first chapter of this dissertation, I hypothesize that several non-tax-driven benefits of debt induce REITs managers to issue debt despite no apparent tax-driven benefit. Several methodologies and tests applied in capital structure literature are introduced to the literature of REITs...
Persistent link: https://www.econbiz.de/10009468626
In the first chapter of this dissertation, I hypothesize that several non-tax-driven benefits of debt induce REITs managers to issue debt despite no apparent tax-driven benefit. Several methodologies and tests applied in capital structure literature are introduced to the literature of REITs...
Persistent link: https://www.econbiz.de/10009451097
There are two objectives of this article: (i) It is discussed theoreticallyhow the dynamics of pricing decisions of multiproduct retailers can be explained. (ii) It is analyzed empirically by use ofscanner data how prices are actually set and how consumers reactat the point of sale to price...
Persistent link: https://www.econbiz.de/10009443707
This article offers a new reading ofintra-European trade based on recent developments innew international economics (Melitz, 2003; Chaney,2008). These models take the heterogeneity of firmsinto account and offer a micro-economic analysis ofthe process of selection at work for firms enteringmarkets....
Persistent link: https://www.econbiz.de/10009445717
Zusammenfassung Die Dissertation behandelt die Thematik der Unternehmensheterogenität. Die Arbeit besteht aus einem theoretischen und einem empirischen Teil. Im theoretischen Teil wird untersucht, wie sich Asymmetrien auf der Ebene der Konsumenten auf das Unternehmensverhalten auswirken. Im...
Persistent link: https://www.econbiz.de/10009467020
factors, industries vary in the relative intensity of these factors, and firms differ in productivity. The model predicts that … two-factor, two-country and multi-industry economy with productivity-heterogeneous firms suggests that countries export …
Persistent link: https://www.econbiz.de/10009477103
In this dissertation I examine a set of crucial topics in the political economy of international trade, with an emphasis on firm-level heterogeneity. The first chapter is an empirical study of the new trade theories in which firm heterogeneity and trade costs play central roles in shaping the...
Persistent link: https://www.econbiz.de/10009477887
La pendiente de la curva de Phillips se ha reducido en las últimas décadas. En este documento se desarrolla un modelo que racionaliza este fenómeno a partir del aumento del grado de polarización observado en muchas industrias, que ha supuesto que un reducido número de grandes empresas de...
Persistent link: https://www.econbiz.de/10012525509