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, where the latter is estimated alternatively as labor productivity and as exports. FDI notably increases both labor … productivity and export volumes. Second, we look for spillover or indirect effects. There is statistical evidence that the levels …
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firm survival. We examine whether firms at different stages of export activity (starters, exiters, continuers, switchers …) react differently to changes in financial variables. In general, export starters and exiters experience much stronger … exporters and export switchers is less negatively affected by financial characteristics. These relationships between exporting …
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Firms display remarkable persistence in exporting and importing status. However, export and import status do not … overlap perfectly, as some exporters do not import while some importers do not export. Motivated by these facts, I develop a … dynamic discrete choice model of a firm’s decision to import and export. A firm needs to pay either sunk costs to initiate an …
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This paper examines the decision to enter the export market by German firms. While exports have played an important … role in recent German business cycle movements, little is known about the export supply response of German firms. This … paper presents a dynamic model of the export decision by a profit-maximizing firm. Using a panel of German manufacturing …
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, firms that engage in the foreign production of final goods, in addition to export activities, are more productive than firms … that only export abroad. Second, firms that engage in final goods off-shoring are more productive than firms that engage in …
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