Showing 1 - 10 of 1,980
Do multinational firms wield more market power than their domestic counterparts? Using Hungarian firm-level data between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms. Moreover, markups for domestically owned firms are...
Persistent link: https://www.econbiz.de/10011284902
There are two main options for companies to serve foreign markets; exports and foreign direct investment (FDI). Based …
Persistent link: https://www.econbiz.de/10011347050
There are two main options for companies to serve foreign markets: exports and foreign direct investment (FDI). Based … combination of both strategies to serve foreign markets, which is in line with the analyzed three country model. -- exports …
Persistent link: https://www.econbiz.de/10009731799
This study presents recently available data on the microstructure of Dutch exports and the relation between export … participate in exports and foreign direct investment. In addition, we find evidence for the learning-by-exporting hypothesis once …
Persistent link: https://www.econbiz.de/10012979210
International operating firms often follow complex market supply strategies, ranging from Exports and Foreign Direct … multinational activities either evolve into Exports or horizontal FDI. By integrating Melitz's (2003) concept of firm heterogeneity …, Helpman et. al. (2006) can already explain the co-existence of Exports and horizontal FDI on the country-level. However, every …
Persistent link: https://www.econbiz.de/10013137202
This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...
Persistent link: https://www.econbiz.de/10011374044
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10011717219
One of the most important predictions made in recent international trade literature based on heterogeneous firms concerns the within-industry job reallocation from firms not involved in international markets to those that are. This paper quantifies the extent of this reallocation using a dataset...
Persistent link: https://www.econbiz.de/10011610235
The import competition literature suggests that Chinese industrial policies and technological trends have altered the nature of competition with China so that it does not take place on a level playing field anymore. Empirical evidence about firms' reactions in developed economies to competition...
Persistent link: https://www.econbiz.de/10013490744
We develop a simple test to assess whether horizontal spillover effects from multinational to domestic firms are endogenous to the market structure generated by the incremental entry of the same multinationals. In particular, we analyze the performance of a panel of 10,650 firms operating in...
Persistent link: https://www.econbiz.de/10012757706