Showing 1 - 8 of 8
between outsourcing potential and international tradability and systematically uses a large set of potential determinants of … organizational and spatial relocation derived from the existing literature on offshoring. Applying principal component analysis, we … are able to compute two indicators explaining both the outsourcing potential and the international tradability of an …
Persistent link: https://www.econbiz.de/10010343756
Decisions of national competition authorities have important effects on other jurisdictions. We provide a framework to quantify the domestic and cross-border effects of mergers, and to draw conclusions for the coordination of national merger policies. We develop a two-country model with many...
Persistent link: https://www.econbiz.de/10010341091
This paper looks inside the firm and investigates how trade alters the matching of worker-specific abilities and task-specific requirements. The outcome of this matching depends on how firms organize their recruitment process and how much they invest into the screening of applicants. In the open...
Persistent link: https://www.econbiz.de/10010341098
We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize the analysis of Arkolakis, Costinot and...
Persistent link: https://www.econbiz.de/10010344632
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010344666
In this paper we analyze the impact of public export credit guarantees on firms' exports. Earlier studies show that export credit guarantees stimulate exports, employment, and value added. Furthermore, there is evidence at the aggregate level that financial market imperfections are key to...
Persistent link: https://www.econbiz.de/10010486626
We investigate the financial implications of a multinational firm's choice between outsourcing and integration from the …
Persistent link: https://www.econbiz.de/10010480668
With this paper we present the first microeconometric analysis of the impact of a foreign acquisition on the target firms' access to finance. By using a large database of German firms we furthermore investigate for the first time the link between foreign ownership and access to finance in...
Persistent link: https://www.econbiz.de/10010481336