Showing 1 - 10 of 45,321
This paper analyses the role played by vertical linkages on the effects of trade liberalization on technology adoption and their consequences on average productivity and welfare in a trade model with heterogeneous firms. We find that the strength of vertical linkages shapes the effects that...
Persistent link: https://www.econbiz.de/10012057254
Strategies for trade liberalization in developing countries when time preference rates are heterogeneous across countries are examined in the context of endogenous growth. The paper concludes that the best strategy for a developing country with the higher rate of time preference is generally the...
Persistent link: https://www.econbiz.de/10005062616
Strategies for trade liberalization when the rates of time preference are heterogeneous across countries are examined in the framework of endogenous growth. The paper argues that the best strategy for a country with the relatively higher rate of time preference is the strategy of free trade with...
Persistent link: https://www.econbiz.de/10008587463
This paper investigates whether exporting generates positive productivity spillover effects on other plants operating in the same industry and whether exporting affects productivity of plants in vertically related industries. Using plant-level data from Chile we find that exporters improve...
Persistent link: https://www.econbiz.de/10005811627
This Paper estimates the agglomeration benefits that arise from vertical linkages between firms. The analysis is based on international trade and economic geography theory developed by Krugman and Venables (1995). We identify the agglomeration benefits of the spatial variation in firm level...
Persistent link: https://www.econbiz.de/10005067387
on productivity growth. Growth is generated by selection, and sustained by entrants imitating successful incumbents … works through self-selection of the most productive firms into the export market. It leads to a reallocation of resources … towards more efficient firms. Since the effect of selection and imitation on growth is amplified by the trade …
Persistent link: https://www.econbiz.de/10004980232
This paper studies the influential Melitz model of trade with heterogeneous firms using an alternative, intuitive approach. Contrary to what is often argued, it is an increase in product market competition that drives the bad firms out: with two-way trade, entry by foreign firms is not...
Persistent link: https://www.econbiz.de/10005007128
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...
Persistent link: https://www.econbiz.de/10011388266
The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...
Persistent link: https://www.econbiz.de/10010271899
mechanism leads to border effect heterogeneity and is independent of multilateral resistance effects in general equilibrium …
Persistent link: https://www.econbiz.de/10011480462