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elsewhere) can be used by multinational firms which have different productivity to serve the market abroad when product chains … abroad by either horizontal or vertical FDI. Upon opening a market to trade, firms with the lowest productivity will exit …, those with intermediate productivity will export, and those with higher productivity will choose fragmentation. Among the …
Persistent link: https://www.econbiz.de/10009742894
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10012697136
this model we identify a formal relationship between international trade, productivity, and wages. We then examine the … trivariate relationship between trade, growth in total factor productivity (TFP), and the skill premium in a vector …
Persistent link: https://www.econbiz.de/10014073152
products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or … produce abroad at the product-level and, in turn, the relative productivity between parents and affiliates …
Persistent link: https://www.econbiz.de/10012825997
products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or … produce abroad at the product-level and, in turn, the relative productivity between parents and affiliates. …
Persistent link: https://www.econbiz.de/10012257257
products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or … produce abroad at the product-level and, in turn, the relative productivity between parents and affiliates. …
Persistent link: https://www.econbiz.de/10012258513
We propose a novel measure to investigate firms' product specialisation: product coreness, that captures the centrality of exported products within the firm's export basket. We study product coreness using firm-product level data between 2018 and 2020 for Colombia, Ecuador, and Peru. Three main...
Persistent link: https://www.econbiz.de/10013548867
value chain-related products and compares the productivity premium of international traders for these different categories … results confirm that global value chain-related trade is associated with a higher productivity premium compared with …
Persistent link: https://www.econbiz.de/10012309010
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of …
Persistent link: https://www.econbiz.de/10012883931
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of …
Persistent link: https://www.econbiz.de/10014056300