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This paper uses rich firm-level data for the UK to investigate the link between firms' financial health and export exit, paying attention to the ERM currency crisis and the global financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of...
Persistent link: https://www.econbiz.de/10011820906
Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in … 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over … of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of …
Persistent link: https://www.econbiz.de/10011751409
sector outlook. This article estimates the effect of tariffs on Spanish non-energy, non-EU goods exports drawing on data … by another country on a Spanish product entails a reduction in nominal exports of around 0.6%. Protectionist risks …
Persistent link: https://www.econbiz.de/10012860622
an impediment to exports as delays …
Persistent link: https://www.econbiz.de/10012863039
Financing resources play a significant role in escalating export ventures particularly of MSMEs (Micro, Small and Medium Enterprises) which face a stiff competition from the larger firms. Finance is essential not only for successful operation of current activities of the firm but also aids in...
Persistent link: https://www.econbiz.de/10012965533
We use network-analysis tools to identify communities in the web of exporters' destinations. Our network-based community measure is purely outcome-based; it captures multilateral rather than bilateral dependence across countries; and it can be calculated at the industry level. We next use our...
Persistent link: https://www.econbiz.de/10013021753
and import patterns. Exports of the products shipped from EPZs increase throughout the province, with the largest gains in …
Persistent link: https://www.econbiz.de/10012904625
In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to export to foreign markets directly, smaller firms typically export via intermediaries (indirect exporting). I document a set of facts that characterize the dynamic nature of...
Persistent link: https://www.econbiz.de/10012843294
(however measured) and sales to low-income destinations as a share of total exports. This fact seems at odds with the …
Persistent link: https://www.econbiz.de/10013111040
Using confidential firm-level data from the United States in 2002, we show that exporting firms charge prices for narrowly defined goods that differ substantially with the characteristics of firms and export markets. We control for selection into export markets using a three-stage estimator. We...
Persistent link: https://www.econbiz.de/10013117252