Similar Search Results

Demand learning and firm dynamics : evidence from exporters

Berman, Nicolas; Rebeyrol, Vincent; Vicard, Vincent - 2015 - First version: November 2014, This version: March 23, 2015

This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...

Persistent link: https://www.econbiz.de/10010499524

Trade in tasks and the organization of firms

Marin, Dalia; Schymik, Jan; Tarasov, Alexander - 2014

We incorporate trade in tasks à la Grossman and Rossi-Hansberg (2008) into a small open economy version of the theory …

Persistent link: https://www.econbiz.de/10010438301

International trade theory and policy : a review of the literature

Sen, Sunanda - 2010

This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to … verifications and logical critiques. A useful supplement is provided in terms of Staffan Linder's theory of "overlapping demand … trade theory, with strategic trade providing inputs to industrial policy. Issues relating to trade, growth, and development …

Persistent link: https://www.econbiz.de/10008759535

Trade, finance and endogenous firm heterogeneity

Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2016 - This draft: March 2016

We study how financial frictions affect firm-level heterogeneity and trade. We build a model where productivity differences across monopolistically competitive firms are endogenous and depend on investment decisions at the entry stage. By increasing entry costs, financial frictions lower the...

Persistent link: https://www.econbiz.de/10011447515

Capital adjustment costs : implications for domestic and export sales dynamics

Liu, Yanping - 2015 - This version: Dec. 2015

Theoretical and empirical work on export dynamics has generally assumed constant marginal production cost and therefore ignored domestic product market conditions. However, recent studies have documented a negative correlation between firms' domestic and export sales growth, suggesting that...

Persistent link: https://www.econbiz.de/10011404044

Export growth and factor market competition : theory and some evidence

Namini, Julian Emami; Facchini, Giovanni; López, Ricardo A. - 2011

Empirical evidence suggests that sectoral export growth decreases exporters' survival probability, whereas this is not true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve this puzzle, we develop a two{factor framework where...

Persistent link: https://www.econbiz.de/10011382743

Learning, Incomplete Contracts and Export Dynamics : Theory and Evidence from French Firms

Aeberhardt, Romain - 2012

Using French firm-level trade data, we provide empirical support for a heterogeneous firm model in which exporting requires finding a local partner in each market: contracts are incomplete, exporters must learn the reliability of their partners through experience, and export behaviour is...

Persistent link: https://www.econbiz.de/10013097331

Estimating Import Supply and Demand Elasticities : Analysis and Implications

Soderbery, Anson - 2013

Feenstra (1994) developed, and Broda and Weinstein (2006) refined, a structural estimator to estimate import demand and supply elasticities. Working through the first principles of the methodology from Leamer (1981), this paper analyzes and improves the technique to provide a unified estimator...

Persistent link: https://www.econbiz.de/10013081248

International Price Dispersion and Market Segmentation in Japan and the United States : Theory and Empirics

Fung, K. C. - 2013

This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of international price dispersion and market segmentation that generate predictions about testable...

Persistent link: https://www.econbiz.de/10013083123

Trade Flows, Multilateral Resistance, and Firm Heterogeneity

Behar, Alberto - 2013

We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...

Persistent link: https://www.econbiz.de/10013085999