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new products and processes from their headquarters to Mexico. Finally, although Mexican detergent exports captured an …
Persistent link: https://www.econbiz.de/10005661768
competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services … sector. We assume that firms are heterogeneous in their marginal costs, allowing the model to predict domestic M&A and exit … by closedown, as well as foreign M&A. The model is brought to detailed French firm-level data on exit and M&A in the …
Persistent link: https://www.econbiz.de/10008692315
Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary entry investments are made. We refer to these outcomes...
Persistent link: https://www.econbiz.de/10005662244
This paper examines the extent to which the destination of exports matters for the input prices paid by firms, using …
Persistent link: https://www.econbiz.de/10011083348
After some decades of relative oblivion, the interest in the optimality properties of monopolistic competition has recently re-emerged due to the availability of an appropriate and parsimonious framework to deal with firm heterogeneity. Within this framework we show that non-separable utility,...
Persistent link: https://www.econbiz.de/10011083607
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10005123564
organizational change) and 'external' restructuring (the process by which less efficient establishments exit and more efficient …
Persistent link: https://www.econbiz.de/10005666830
This paper provides concordance procedures for product-level trade and production data in the EU and examines the implications of changing product classifications on measured product adding and dropping at Belgian firms. Using the algorithms developed by Pierce and Schott (2012a,b), the paper...
Persistent link: https://www.econbiz.de/10011083798
of firms on export markets, and conditioning on survival, a higher growth rate of their exports. However, these effects …Clusters have already been extensively shown to favor firm-level economic performance (productivity, exports … turmoil. We show that, on average, both agglomeration and the cluster policy are associated with a higher survival probability …
Persistent link: https://www.econbiz.de/10011084140
This paper examines whether the export decision of firms is affected by their ownership structure, specifically it looks at whether family control is an obstacle to entering foreign markets. The underlying assumption is that family firms are risk averse. Risk aversion may be an obstacle to...
Persistent link: https://www.econbiz.de/10005666735