This paper examines the interdependencies between direct mode and indirect mode exporters and their effect on the intensive margins of both groups of firms. We do so by first developing an oligopolistic model of trade in which both types of exporters co-exist. We then use firm-level data from a...

Our study revisits the seminal work of Fama and French (1988) on mean-reverting behaviour of stock prices. Since then, there are limited studies conducted to attest the results and the methodology implemented by the authors. We use an updated monthly data for the period ranging 1926-2008. As in...