Showing 1 - 10 of 4,947
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Bigger economies with lower trade costs are more attractive markets because they offer higher export...
Persistent link: https://www.econbiz.de/10013035906
In this paper we discuss the continued transition of financial markets towards trade standardization and the clearing of transactions, outlining the role of central clearing counterparties CCPs in reducing systemic and idiosyncratic risk. We contrast this with a discussion on bespoke non-cleared...
Persistent link: https://www.econbiz.de/10012932874
This paper examines the importance of localized knowledge for innovative exporters by observing their embeddedness in regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between new competence creation as proxied by patent...
Persistent link: https://www.econbiz.de/10011532059
question is this: exactly in what way are the exports of trading partners influenced by a trade "war"? The methodology utilized … could have an undesirable connotation. The reason is that the index does not examine the entire exports of a country, but …
Persistent link: https://www.econbiz.de/10013332146
exchange rates variations as their exports decrease less following a currency appreciation. …
Persistent link: https://www.econbiz.de/10011433470
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013183698
How effective are direct government policies for boosting exports? We answer this question with a structured overview …
Persistent link: https://www.econbiz.de/10012383898
Policymakers in several countries have recently taken steps to promote the rapid export expansion of high-tech small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive firms, which are often referred to as born globals. To the best of...
Persistent link: https://www.econbiz.de/10011894354
How effective are government policy attempts to boost firm exports in the short-run? We answer this question by … defined as a group of public policies that aim to increase firm exports in the short-run. These include policies such as …
Persistent link: https://www.econbiz.de/10014293978
their exports disproportionately more because of the alleviation of their financing burdens. Results are robust after … controlling for bank and other financing channels, country financial development, and the endogeneity of trade credit. Our … findings contribute to the empirical identification of financial frictions on firms' exports, and to the role of trade credit …
Persistent link: https://www.econbiz.de/10013055146