Showing 1 - 10 of 12,594
liberalization. As a result the aggregate productivity is affected by a reallocation of resources to more productive firms and a …
Persistent link: https://www.econbiz.de/10010257306
liberalization. As a result, the aggregate productivity is affected by a reallocation of resources to more productive firms and a …
Persistent link: https://www.econbiz.de/10010373305
industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with … heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through … low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade …
Persistent link: https://www.econbiz.de/10003726014
industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ … significantly from the case of homogeneous firms. -- international trade ; firm heterogeneity ; R&D ; productivity ; market …
Persistent link: https://www.econbiz.de/10003887426
liberalization. As a result, the aggregate productivity is affected by a reallocation of resources to more productive firms and a …
Persistent link: https://www.econbiz.de/10013056968
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10013320593
Persistent link: https://www.econbiz.de/10001667578
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
Persistent link: https://www.econbiz.de/10008823197
; productivity ; financial constraint ; export ; technology frontier ; BEEPS …
Persistent link: https://www.econbiz.de/10003941706