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This paper show evidence that firms choose from a much larger set of internationalization modes than usually assumed in the international trade literature and that this choice is governed by similar selection processes than the one proposed by Helpman, Melitz, Yeaple (2004 AER). We rely on a...
Persistent link: https://www.econbiz.de/10011284734
Firms that want to innovate successfully need to hire and motivate highly talented workers. This paper makes a key connection between the potential returns to innovation in terms of new products and the structure of compensation to skilled employees. We use linked employer-employee data to show...
Persistent link: https://www.econbiz.de/10014057001
This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on … relationships generate sectoral export shocks, which are simulated with the OECD METRO model of trade and subsequently fed into … knowledge-intensive services and are more intensive in tradable services. The results suggest limited impacts of export shocks …
Persistent link: https://www.econbiz.de/10011914632
. At the industry level, the wage effects of export market participation are strongest for workers in plants belonging to …
Persistent link: https://www.econbiz.de/10014042745
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...
Persistent link: https://www.econbiz.de/10013085999
innovation among firms that export processed goods, specifically, those in the electronics sectors, located in coastal provinces …
Persistent link: https://www.econbiz.de/10009781305
Firms play a critical role in the global economy. In this paper, we survey the behavior of firms in the international economy, both in theory and in the data. We first summarize the key empirical facts that motivate the study of firms in trade. Then, we detail recent theoretical developments on...
Persistent link: https://www.econbiz.de/10011610238
Using a rich dataset on over 110,000 workers from nine European countries and the USA we study the wage response to industry dependence on foreign value added. We estimate a Mincerian wage model augmented with an input-output interindustry linkages measure accounting for task heterogeneity...
Persistent link: https://www.econbiz.de/10011539914
By using very rich individual-level data on workers from 28 European countries, we provide the first so extensive cross-country assessment of wage response to global production links within global value chains (GVCs) in the period 2005-2014. Unlike the other studies, we (i) address the...
Persistent link: https://www.econbiz.de/10011920899
-selection of innovative services firms on export markets. We have to admit, however, that the panel is too short, and that the … number of firms that start to export and start to perform R&D during the period under investigation is too small, for any …
Persistent link: https://www.econbiz.de/10010294458