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industrialised countries. Consequently, real exchange rate changes have an impact on the commodity structure of exports. …
Persistent link: https://www.econbiz.de/10004963820
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...
Persistent link: https://www.econbiz.de/10014278534
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...
Persistent link: https://www.econbiz.de/10013194397
market. Coupled with a constant profit share in domestic sectors this makes European exports vulnerable to vagaries of … past. In fact econometric evidence is not totally at odds with this view. However, neither exports in a large European … large extent can be passed on to prices. On the other hand exports seem to be heavily subject to the vicissitudes of …
Persistent link: https://www.econbiz.de/10005481457
This paper studies the impact of a regional free trade agreement, MERCOSUR, on technology upgrading by Argentinean firms. To guide empirical work, I introduce technology choice in Melitz’s (2003) model of trade with heterogeneous firms. The joint treatment of the technology adoption and...
Persistent link: https://www.econbiz.de/10008540955
Intervention to support export initiatives is commonplace in both industrialised and developing countries. Historically this has been underpinned by a belief that exporting is good for growth. But the evidence base underpinning this belief has been macroeconomic, yet intervention has generally...
Persistent link: https://www.econbiz.de/10005406497
I find evidence that the geographic expansion of firm exports occurs slowly over time and that a large share of export …
Persistent link: https://www.econbiz.de/10010574407
We develop a model of international trade with two dimensions of firm heterogeneity. The first dimension is “process productivity”, which is how we denote the standard concept of productivity as modeled in the literature. The second one is “product productivity”, defined as firms'...
Persistent link: https://www.econbiz.de/10011056328
response to factor intensity. Profits are disciplined by imports and enhanced by exports. Concentration reduces both import and … export shares but economies of scale increase them. Exports are complements rather than substitutes for foreign direct …
Persistent link: https://www.econbiz.de/10005466818
New exporters add and drop products with much greater frequency than old exporters. This paper explains this behavior with a model of demand learning in which an exporter's profitability on the demand side is determined by a time-invariant firm–destination appeal index, and transient...
Persistent link: https://www.econbiz.de/10011191007