Showing 1 - 10 of 61
There are two main options for companies to serve foreign markets: exports and foreign direct investment (FDI). Based on the Helpman, Melitz and Yeaple (2004) model for two host countries this paper derives a clear theoretical prediction for the decision between both strategies. A bivariate...
Persistent link: https://www.econbiz.de/10010293386
hypothesis that credit constrained firms are less likely to start to export is at best weak, we find no evidence for a … statistically significant difference in credit rating scores between firms that stopped to export and firms that continued to export. …
Persistent link: https://www.econbiz.de/10010294489
In this paper we analyse the relationship between export and innovation activities of German service sector companies … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only … partially supported. While human capital significantly improves export performance, labour costs hamper it only in selected …
Persistent link: https://www.econbiz.de/10010297651
account, among them knowledge spillovers from the export success which lead to an erosion of a lead-market position over time …
Persistent link: https://www.econbiz.de/10010299381
This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A hedging opportunity is introduced by a forward market where the foreign currency can be traded on. We investigate two settings: First we assume that hedging and output decisions are...
Persistent link: https://www.econbiz.de/10010300615
Eastern Europe; however, after 2000 that growth became the lowest. The slowdown in growth in Hungary's export market share is …, technology, skill and intensity), the relationship between export specialisation and export price indices, and the role of import … imply that the stagnation of Hungarian goods export prices is partly natural and partly brought about by structural factors. …
Persistent link: https://www.econbiz.de/10010322386
important as exporting as a source of firm heterogeneity. First, we document that trade is more concentrated than employment and … sales, and we show that import is even more concentrated than export both within sectors and along the sector and country …
Persistent link: https://www.econbiz.de/10010328491
international trade, together with some new facts. First, the availability of information on import and export enables us to … differentiate firms involved in both trading activities - namely two-way traders - from firms that only export, and from those that … only import. We show that firms engaged in both import and export outperform those involved in either importing or …
Persistent link: https://www.econbiz.de/10010328507
How do trade activities affect firms' employment and wages structures? Using firm level data on Italian manufacturing … - namely two-way traders - from firms that only export, and from those that only import. We show that two-way traders have a … export or import. The paper also looks at how the wages and the skill structure of the trading firms change with the country …
Persistent link: https://www.econbiz.de/10010328584
We evaluate the impact of firm-specific export subsidies on exports in Colombia. Using a two-stage Heckman selection … persistence in exports, we find that although, in general, subsidies exhibit positive impact on export volumes, this impact is …
Persistent link: https://www.econbiz.de/10010263539