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The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper … analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a … exogenous to firms' export decisions by relying on preexisting lending relationships and exploiting the acquisition of a firm …
Persistent link: https://www.econbiz.de/10013332105
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm's capital stock. Extensive...
Persistent link: https://www.econbiz.de/10011347058
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm's capital stock. Extensive...
Persistent link: https://www.econbiz.de/10012709700
In this paper we study the choice between exporting and foreign direct investment (FDI) in the Cournot duopoly … framework. First, we identify the conditions necessary for exporting and FDI, depending on costs of exporting and the cost of … include: a monopoly FDI equilibrium, a monopoly exporting equilibrium, a domestic monopoly equilibrium, a duopoly FDI …
Persistent link: https://www.econbiz.de/10012010858
Persistent link: https://www.econbiz.de/10003819818
To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct … Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different …
Persistent link: https://www.econbiz.de/10011378320
theoretical predictions we find that foreign-owned firms do export more goods to more countries after controlling for firm size …
Persistent link: https://www.econbiz.de/10009772938
theoretical predictions we find that foreign-owned firms do export more goods to more countries after controlling for firm size …
Persistent link: https://www.econbiz.de/10009752805
theoretical predictions we find that foreign-owned firms do export more goods to more countries after controlling for firm size …
Persistent link: https://www.econbiz.de/10009762493
To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct … Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different …
Persistent link: https://www.econbiz.de/10013159235