Showing 1 - 10 of 9,482
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...
Persistent link: https://www.econbiz.de/10009764446
relationship between exports and financial constraints from the perspective of firm heterogeneity. Specifically, it explores, by …
Persistent link: https://www.econbiz.de/10011451851
The paper examines the causal effect of financial constraints on firm exports. We exploit a firm-level proxy of … strategy allows to cure for self-selection into exports and endogeneity of financial constraints. At the same time, we can … exports of within firm changes in financial constraints status. We find that financial constraints produce a sizable reduction …
Persistent link: https://www.econbiz.de/10010403691
The aim of this paper is to investigate whether the probability of ceasing to export is lower for firms that simultaneously import intermediate inputs and export (vertically specialized firms à la Hummels et al., The Nature and Growth of Vertical Specialization in World Trade, 2001), once other...
Persistent link: https://www.econbiz.de/10010491701
In recent years, manufacturing firms in the United States have faced increasing import competition from low-wage countries, especially China. Does this competition hurt or help innovation by firms? This paper studies the effect of the surge in imports from China on innovation in the US...
Persistent link: https://www.econbiz.de/10011688170
Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment …. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher … domestic production, as imports of intermediate products used as inputs in exports also increase. Global Value Chains (GVCs …
Persistent link: https://www.econbiz.de/10012233579
Based on data from Germany, this study finds a positive link between using knowledge spillovers from rivals and innovation success in establishments without R&D but not in establishments with R&D. This supports the hypothesis that rivals knowledge is more valuable to establishments that are...
Persistent link: https://www.econbiz.de/10010356044
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...
Persistent link: https://www.econbiz.de/10011822884
and lower separation rates; (ii) R&D-induced exports are negatively related to employment growth and accessions and … positively related to separations; and (iii) pure exports are not a driver of employment growth and labor flows. …
Persistent link: https://www.econbiz.de/10011487774
Persistent link: https://www.econbiz.de/10009784939