, Italy, Spain, and the United Kingdom) to investigate the links between firm age and the participation of the firms in export …, the share of exports in total sales, the number of countries exported to, and the participation in import. The big picture …

reactions after tax hikes and cuts. Generally, we find that after a reduction in aggregated tax liabilities, imports and exports … in the US and Germany react quite similarly: imports tend to rise; exports do not change much. Consequently and fostered … by growing output—the net-exports-to-GDP ratio decreases. We find no clear net effect in the UK. Instead, UK imports only …