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exogenous to firms' export performance. We find that innovation attributable to this variation leads to an increase of roughly …Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … seven percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative …
Persistent link: https://www.econbiz.de/10012760867
exogenous to firms' export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative specifications …
Persistent link: https://www.econbiz.de/10013319300
. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture …This paper provides an empirical analysis of the effects of new product versus process innovations on export propensity … at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and …
Persistent link: https://www.econbiz.de/10012750419
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10009571632
investigated with productivity levels as a proxy for technological performance and productivity changes as proxy for innovative …
Persistent link: https://www.econbiz.de/10012709236
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low …-income destinations. Second, there is a negative correlation between firms' innovation activity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
Persistent link: https://www.econbiz.de/10011298736
Persistent link: https://www.econbiz.de/10011318435
In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10009524993
In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10013112767
Persistent link: https://www.econbiz.de/10010401034