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I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
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Global Value Chains (GVCs) provide an important opportunity to become member of the global economy. Gaining access to GVCs and the possibility of developing linkages with major suppliers and customers enables the prospect to upgrade products and production processes via knowledge and...
Persistent link: https://www.econbiz.de/10012431517
This paper explains the location choices of multinational companies (MNCs) in a transition economy by traditional economic factors and institutional quality. Based on a thorough theoretical framework and a set of hypotheses, empirical data of an enterprise survey of 153 foreign firms in three...
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launching new products on the export market, and overall technical changes captured by total factor productivity growth. We …
Persistent link: https://www.econbiz.de/10011532059
This paper empirically examines the heterogeneity in the effects of multiple dimensions of distance on trade across detailed product groups. Using finite mixture modelling on bilateral trade data at the 3-digit SITC level, we endogenously group product categories into an, a priori unknown,...
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technological knowledge across regions affect the propensity of early-stage entrepreneurs to be export-oriented. Based on Spanish … regional level significantly raises the probability of an early-stage entrepreneur to be export-oriented, while the exposure to … analyzed by previous studies. Our findings on the antecedents of export-oriented entrepreneurs complement those of prior …
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