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Traditional heterogeneous firms and trade models predict no causal relationship between firms' exports and domestic …-product sales in different markets for the first time in the literature to identify the channels that link exports and domestic … sales. First, I use an instrumental variables strategy and establish that an exogenous doubling of exports increases a firm …
Persistent link: https://www.econbiz.de/10011878817
level in Belgium and the Netherlands. Wagemarkup pricing stemming from workers' monopoly power is more prevalent than … intensity of wage markups measured by workers' bargaining power in Belgium. …
Persistent link: https://www.econbiz.de/10014233431
between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty …
Persistent link: https://www.econbiz.de/10011377465
Persistent link: https://www.econbiz.de/10014490864
labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price … find export status to be positively correlated with both product market power (markups) and market power consolidated on …
Persistent link: https://www.econbiz.de/10011772937
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 firms differ in factor intensities. Thus, export growth increases …
Persistent link: https://www.econbiz.de/10011382743
With China's 2001 WTO accession, trade costs between the US and China fell sharply, but the transport costs of Chinese imports within the US remained sizable. We argue that domestic transport costs shield local labor markets from globalization. Using a shift-share design for industry-level...
Persistent link: https://www.econbiz.de/10013375367
Using a comprehensive international trade data set we investigate empirical regularities (known as Zipf’s Law or the rank-size rule) for the distribution of the interaction between countries as measured by revealed comparative advantage. Using the recently developed estimator by Gabaix and...
Persistent link: https://www.econbiz.de/10011349703
great recession. The sharp drop in exports and tightness in credit markets are seen to provide a partial explanation for …
Persistent link: https://www.econbiz.de/10011869982
Several studies have identified the impact of trade liberalization in developing countries on the return to education within a Mincerian framework through a difference-in-difference estimator or with industry-level measures of trade openness. These studies have typically estimated the return to...
Persistent link: https://www.econbiz.de/10011386195