Showing 1 - 10 of 309
adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the …
Persistent link: https://www.econbiz.de/10005124187
We analyse the effects of trade liberalization on firms' decisions and profits, and on consumers' welfare, in a product differentiation model with countries of different size. Firms decide product specifications at the beginning of the game, in which autarky is followed by trade liberalization...
Persistent link: https://www.econbiz.de/10005504506
level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial … constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … constraints strongly adversely affect the ability of domestically owned firms to innovate and to export and hence to catch up to …
Persistent link: https://www.econbiz.de/10008468676
between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all … large firms export. Following a trade liberalization, non-exporters experience a fall in their market-to-book ratio and …
Persistent link: https://www.econbiz.de/10011083422
quantity and price information to disentangle markups from quantity-based productivity, and then compute marginal costs by …
Persistent link: https://www.econbiz.de/10011083491
identify the impact of increased import competition on firm performance and its contribution to the significant productivity … that imports took away market share from domestic firms. Furthermore, much of the effects on sectoral productivity come … firms in particular, which can be rationalized by an increase in the minimum productivity threshold needed to survive in …
Persistent link: https://www.econbiz.de/10011084425
We develop a theory of multiproduct firms to analyze the effects of globalization on the distributions of firm size …, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This …
Persistent link: https://www.econbiz.de/10005661628
We examine price competition under product-specific network effects, in a duopoly where the products are differentiated horizontally and vertically. When consumers' expectations are not affected by prices, firms may share the market equally, or one firm (possibly the low-quality one) may capture...
Persistent link: https://www.econbiz.de/10005504598
This paper studies how the existence of a potential entrant influences an incumbent’s choice of quality in a model of vertical product differentiation and entry. Both firms face fixed set-up costs and quality-dependent costs of production, and compete on quality and price. With identical...
Persistent link: https://www.econbiz.de/10005504715
We introduce a framework that has known models of oligopolistic competition with differentiated products (the circle and the constant elasticity of substitution (CES)) as limit cases. This integrative approach incorporates both localized and global competition, as well as price-sensitive...
Persistent link: https://www.econbiz.de/10005504717