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We develop a quantitative theoretical model of firm dynamics to analyze key determinants of the elasticity of exports with respect to the exchange rate. The model incorporates mechanisms that determine the firms? capacity to react when the profitability of exports change due to fluctuations in...
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export experience in a market are more likely to source service inputs from there. We rationalize this fact in a model where … firms are initially uncertain about how successful they are as exporters, but learn their export profitability as they keep … they become sufficiently confident about their export prospects, i.e., once they acquire enough export experience. More …
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In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far …, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely … on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity …
Persistent link: https://www.econbiz.de/10003484905
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In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far …, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely … on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity …
Persistent link: https://www.econbiz.de/10012776808
In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far …, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely … on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity …
Persistent link: https://www.econbiz.de/10012465498