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products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or … product-level. We find that the most productive firms sell core varieties via foreign direct investment (FDI) and export … produce abroad at the product-level and, in turn, the relative productivity between parents and affiliates …
Persistent link: https://www.econbiz.de/10012825997
Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical … the long-run general-equilibrium effects of power outages on productivity. Outages lower productivity in the model by …
Persistent link: https://www.econbiz.de/10013309487
and their consequences on average productivity and welfare in a trade model with heterogeneous firms. We find that the … decisions, having an impact on the average productivity of the economy and, ultimately, on welfare …
Persistent link: https://www.econbiz.de/10012861384
productivity differentials: in equilibrium, firms that employ workers with comparatively scarcer skills, other things equal, export … of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay …
Persistent link: https://www.econbiz.de/10012861386
This paper shows how gains from trade are conditioned by love of variety, defined as the extent to which an additional product variety generates benefits in either final or intermediate consumption. We develop a multi-country, multi-sector gravity trade model where love of variety is...
Persistent link: https://www.econbiz.de/10013311713
A fundamental result in the theory of commodity taxation is that taxes increase consumer prices and reduce supply …
Persistent link: https://www.econbiz.de/10014078672
in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower … corporate tax rates. This competitive effect induces firms to reduce the number of exported products and to skew their export …
Persistent link: https://www.econbiz.de/10012861462
domestic sales rises towards core products, and that export activity increases …
Persistent link: https://www.econbiz.de/10013290783
A striking pattern in transaction-level data is the concentration of international shipments in the hands of a few large firms. One common feature of dominating high-performance firms is that they produce multiple products and ship them to many destinations. Motivated by the emergence of highly...
Persistent link: https://www.econbiz.de/10013299337
In this paper, employing transaction level data for Russian imports, we explore the role of multi-product shipments in explaining shipping patterns across countries. First, we document that firms from more developed countries include on average more different products into a single shipment. We...
Persistent link: https://www.econbiz.de/10013315049