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Multi-product exporters choose their product mix focusing on their best-performing products. Although their product mix varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of products systematically co-exported leads to commonalities...
Persistent link: https://www.econbiz.de/10011472938
fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor …- proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10011491928
This paper analyzes how multi-product firms adjust their exported product-mix across destinations. Using cross sections of Italian and French data, we show that firms do not follow a rigid ordering in their product mix exported in different markets but rather they adapt their choices to better...
Persistent link: https://www.econbiz.de/10010460216
This paper investigates the relation between firms' productivity and exporting behavior in presence of export … productivity-sorting prediction according to which domestic firms are less efficient than those resorting to an export intermediary …, while the latter are less productive than producers which export directly. Our novel finding is that firms' productivity has …
Persistent link: https://www.econbiz.de/10010460218
true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve …
Persistent link: https://www.econbiz.de/10011382743
positive exporter productivity premium - on average, exporting firms are more productive than firms that sell on the national … market only. In this paper, the authors look at the productivity distribution of both exporting and non-exporting firms in … firm fixed effects while estimating the exporter premium throughout the entire productivity distribution. They find that …
Persistent link: https://www.econbiz.de/10013127826
Most of the empirical studies on the micro-level effects of exporting on productivity pay little attention to the … potentially heterogeneous effects of the different modes of export market entry. We study how productivity of firms is affected by … markets or with several products leads to higher growth in productivity, compared with entry into only one foreign market or …
Persistent link: https://www.econbiz.de/10013117930
This paper is concerned with the productivity and growth of Swedish exporting firms. Using data on 9,580 manufacturing … that does not engage in innovation and has scarce access to external knowledge, the level of productivity is 2-12 percent …
Persistent link: https://www.econbiz.de/10013088475
While there is growing evidence of persistent or even permanent output losses from financial crises, the causes remain unclear. One candidate is intangible capital - a rising driver of economic growth that, being non-pledgeable as collateral, is vulnerable to financial frictions. By sheltering...
Persistent link: https://www.econbiz.de/10012840222
productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … firms in the presence of distortions. (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012843397