Decramer, Stefaan; Fuss, Catherine; Konings, Jozef - 2015
international export performance at the firm level. To this end, we use Belgian firm-level data for the period 1999-2010 to analyze … the impact of unit labor costs on exports. We use exports adjusted for their import content. We find a statistically … significant negative effect of unit labor costs on export performance of firms with an estimated elasticity of the intensive …