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-selection in both export and import markets. Also, the productivity advantage of exporters reported in the literature may be … Belgium. Both imports and exports appear to be highly concentrated among few firms and seem to have become more so over time …. Focusing on manufacturing, we find that facts previously reported in the literature for exports only actually apply to imports …
Persistent link: https://www.econbiz.de/10010745332
export and productivity dynamics after a trade liberalization. In particular, the calibrated model predicts that financing … across productivity, volatility and financial wealth. We show that this endogenous distribution is crucial to understand … frictions have an ambiguous effect on the number of firms starting to export. They reduce the ability of firms to finance the fixed …
Persistent link: https://www.econbiz.de/10011071255
Professor Tetsuro Nakaoka, formerly of Osaka University, and now of the Faculty of Management, Osaka University of Economics, gave a seminar on Japanese industrial development at the Suntory-Toyota Centre during 1992. Although it was not possible to publish that paper as a STICERD discussion...
Persistent link: https://www.econbiz.de/10010745230
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France … survives after controlling for productivity, with some evidence of causality running from the latter to the former. Our … analysis suggests that export promotion per se is unlikely to lead to sustainable internationalization because …
Persistent link: https://www.econbiz.de/10011125974
controlled firms do indeed export less than other type of companies even after controlling for firm heterogeneity in productivity …This paper examines whether the export decision of firms is affected by their ownership structure, specifically it … an illustrative theoretical model that shows how the combination between high risk aversion and low initial productivity …
Persistent link: https://www.econbiz.de/10010745788
international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
Persistent link: https://www.econbiz.de/10010746589
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France … survives after controlling for productivity, with some evidence of causality running from the latter to the former. Our … analysis suggests that export promotion per se is unlikely to lead to sustainable internationalization because …
Persistent link: https://www.econbiz.de/10011126527
All that we know about the CEO labour market in China comes from studies of public listed companies and state-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese economy. We do so using World Bank enterprise data...
Persistent link: https://www.econbiz.de/10010745536
This paper studies the effect of managerial ownership on performance and the determinants of managerial ownership for small and medium-sized private companies. We use a panel of around 1300 firms in the German business-related service sector for the years 1997-2000. Managerial ownership up to...
Persistent link: https://www.econbiz.de/10010745787
manufacturing firms in Germany, France, U.K., and U.S. We find a positive correlation between firm productivity and FFWP. This …
Persistent link: https://www.econbiz.de/10011126035