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In this paper, we investigate and compare the different patterns of intra-firm trade and arm's length trade during the global financial crisis. Intra-firm trade refers to the cross-border flow of goods between related parties, and arm's length trade refers to the cross-border flow of goods...
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firms that are more dependent on external finance experienced greater export contraction during the crisis. Our regression … analysis suggests that the financial vulnerability of firms, measured by various financial ratios, did not contribute to export … or receivables suffered larger drops in export growth during the crisis. …
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The Chilean economy experienced a decade of sustained growth in aggregate out-put and productivity after the 1982 financial crisis. This paper analyzes the effects of resource misallocation on total factor productivity (TFP) of the manufacturing sector by applying the methodology of Hsieh and...
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This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...
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