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Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10012760867
This paper presents theory and evidence that tighter credit constrains force firms to produce lower quality. The paper develops a quality sorting model that predicts that tighter credit constraints faced by a firm reduce its optimal prices due to its choice of lower-quality products. Conversely,...
Persistent link: https://www.econbiz.de/10013022579
This paper presents theory and evidence from highly disaggregated Chinese data that tighter credit constrains force firms to produce lower quality. The paper modifies Melitz's (2003) model of trade with heterogeneous firms by introducing quality choice and credit constraints. The quality sorting...
Persistent link: https://www.econbiz.de/10013027603
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10013319300
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. To overcome the potential endogeneity, we need to identify … variations in innovations that are exogenous to exports. We argue that this instrumental variable strategy yields estimates of …
Persistent link: https://www.econbiz.de/10005342172
The appearance of relationship quality paradigm in the field of international business has resulted in growing need to manage, develop and evaluate relationships amongst the exporters and importers besides influencing the profitability of the firm in the long-run. In the same light, this study...
Persistent link: https://www.econbiz.de/10014037389
Competition is increasingly crossing borders. However, location still matters: the most successful competitors in an industry often cluster in the same geographic areas and companies use the advantages of location to compete at a global level. When competing across borders, firms can coordinate...
Persistent link: https://www.econbiz.de/10004998475
this paper is to disentangle the direct and indirect links through which self-selection into exports, coming both from … a self-selection into exports direct effect coming from productivity. Second, there is also a self-selection indirect … effect into exports stemming from productivity to the probability of exporting through process innovations: the higher the …
Persistent link: https://www.econbiz.de/10008784857
In today’s increasingly dynamic global economy, many industrialized nations are developing comparative advantages that are derived from human effort rather than natural status in their export industries. This is evidenced by a global pattern of shifting man-made comparative advantages...
Persistent link: https://www.econbiz.de/10011205921
This paper examines the link between multinational enterprises and plant exit in Chile. We investigate three main … questions: are affiliates of foreign multinationals more likely to exit than domestic firms? Does the exit probability of … multinationals depend on its export orientation?, and Does the presence of multinationals affect the survival of other firms in the …
Persistent link: https://www.econbiz.de/10005703781