Showing 1 - 10 of 715
Large exporters are simultaneously large importers. In this paper, we show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the variation in pass-through across exporters. First, we develop a theoretical framework that combines variable markups due to...
Persistent link: https://www.econbiz.de/10010333649
Persistent link: https://www.econbiz.de/10011602255
discussed: Which factories sell their products abroad? What influences the export activities? Hypotheses are built on the basis … characteristics and their participation in export activities. Bivariate and multivariate approaches are applied. Additionally, a … sample of enterprises has been asked to assess their export activities. …
Persistent link: https://www.econbiz.de/10010316374
Large exporters are simultaneously large importers. In this paper, we show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the variation in pass-through across exporters. First, we develop a theoretical framework that combines variable markups due to...
Persistent link: https://www.econbiz.de/10011506758
from exporting more are heterogeneous across export destinations. I have conducted my own data collection field work and … account export markets' heterogeneity. I have found that it is only exporting more to developed countries that brings …
Persistent link: https://www.econbiz.de/10010322264
This paper examines the optimal production, export allocation and hedging decisions of a risk-averse international firm … decisions are analyzed under two scenarios. In the first, there is a forward market for one currency only. Then, the export … each currency. Then, both production and export allocation are separable. Hedging with forward contracts depends on risk …
Persistent link: https://www.econbiz.de/10010324029
mechanism, but also to efficiency improvements following the export activity. We find heterogeneous post entry effects with …
Persistent link: https://www.econbiz.de/10010328385
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
Persistent link: https://www.econbiz.de/10010330579
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10010333750