Showing 1 - 10 of 4,744
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …
Persistent link: https://www.econbiz.de/10011547934
I develop and estimate a model of export dynamics featuring self-discovery that accounts well for new exporter dynamics …: (a) continuation rates that are increasing with tenure, and (b) growth rates of export sales that are decreasing with … discovery stage lasts as long as this option value is positive. I use the model to study the impact of export promotion policies …
Persistent link: https://www.econbiz.de/10011489986
-industrialization and high share of tourism sector, such as Croatia. The analysis in this paper rests on a balance sheet data of Croatian …
Persistent link: https://www.econbiz.de/10012805646
African manufacturing exports. The degree of market diversification, measured by the number of export destinations, is highly … correlated with export intensity at the firm level, and both embody strong scale effects. Technological factors, such as new … vintage capital and Internet access, which improve production efficiency and lower export costs, show strong effects on the …
Persistent link: https://www.econbiz.de/10014219055
demand benefits over all the markets the firm serves. This mechanism encourages firms to export and capture economies of …
Persistent link: https://www.econbiz.de/10013129071
We study the impact of exchange rate risk upon export production within an emerging economy lacking in currency forward … conditions under which export production is stimulated when the hedging device becomes more effective. In any case the exporting … firm benefits from imperfectly hedging exchange rate risk. -- Emerging markets ; transition economy ; export ; exchange …
Persistent link: https://www.econbiz.de/10003867523
We study the impact of exchange rate risk upon export production within an emerging economy lacking in currency forward … conditions under which export production is stimulated when the hedging device becomes more effective. In any case the exporting …
Persistent link: https://www.econbiz.de/10013147872
This paper examines the behavior of a competitive exporting firm that exports to two foreign countries under multiple sources of exchange rate uncertainty. The firm has to cross-hedge its exchange rate risk exposure because there is only a forward market between the domestic currency and one...
Persistent link: https://www.econbiz.de/10009310879
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm's capital stock. Extensive...
Persistent link: https://www.econbiz.de/10011347058
This paper examines the production, export and risk management decisions of a risk-averse competitive firm under … exchange rate risk. The firm is export flexible in allocating its output to either the domestic market or a foreign market … after observing the exchange rate. Export flexibility is restricted by certain minimum sales requirements that are due to …
Persistent link: https://www.econbiz.de/10011543653