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We study the interaction of endogenous growth and Ricardian trade working solely through comparative advantage. The model is built to be consistent with several facts about technical progress, R&D activity, industrial organization, and trade. We obtain a full characterization of the transition...
Persistent link: https://www.econbiz.de/10013086174
Consider models of international trade in which capital goods are produced, not given as an unproduced endowment, and in which equilibrium interest rates are positive. A positive interest rate, in such a model, acts as a price distortion. Consequently, the gains of trade for a single country,...
Persistent link: https://www.econbiz.de/10013064312
Colombian manufacturing exporting firms survey results are analyzed highlighting innovation, promotion, and learning, as well as the influence of factors such as: size, ownership, output objectives, destination of exports, competition and pricing, export incentives, and firm configuration, in...
Persistent link: https://www.econbiz.de/10013159838
Motivated by the longstanding interest of economists in understanding the nexus between firm productivity and export behavior, this paper develops a novel structural framework for control-function-based nonparametric identification of the gross production function and latent firm productivity in...
Persistent link: https://www.econbiz.de/10012844517
Exporters tend to be more productive than non-exporting firms, and uncovering the extent of these productivity differentials as well as causes thereof has long been one of the core topics in the literature. This paper focuses on the issues pertaining to robust empirical modeling of the intricate...
Persistent link: https://www.econbiz.de/10012944269
Based on the theory of heterogeneous firms, participation in the international market leads to changes in performance and efficiency gains at the firm level. This article uses microdata at the level of firms of the Brazilian manufacturing industry (2007-2014) to investigate the impacts of...
Persistent link: https://www.econbiz.de/10012872119
Using data on 2380 firms from nine emerging countries, this paper shows that there is a positive and significant relationship between financial health and the intensive margin of trade. The magnitude of this positive relationship is shown to depend on several firm characteristics, where the...
Persistent link: https://www.econbiz.de/10013005950
Samuelson extends the Ricardian theory of foreign trade to a model of small open economies in which countries can trade semi-finished capital goods on international markets, as well as produced consumer goods. He argues that this extension provides an additional gain from trade, which he labels...
Persistent link: https://www.econbiz.de/10012920517
This article considers a model of international trade in which the number of produced commodities does not exceed the number of countries engaged in trade. Technology is modeled such that each commodity can be produced in each country from a finite series of dated labor inputs. The existence of...
Persistent link: https://www.econbiz.de/10012920840
This paper studies the relationship between export structure and growth performance. We design an export recommendation system using a collaborative filtering algorithm based on countries' revealed comparative advantages. The system is used to produce export portfolio recommendations covering...
Persistent link: https://www.econbiz.de/10013289447