Showing 1 - 10 of 562
product-level. We find that the most productive firms sell core varieties via foreign direct investment (FDI) and export …
Persistent link: https://www.econbiz.de/10012269541
product-level. We find that the most productive firms sell core varieties via foreign direct investment (FDI) and export …
Persistent link: https://www.econbiz.de/10012825997
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm's capital stock. Extensive...
Persistent link: https://www.econbiz.de/10010264223
We provide an overview and synthesis of recent work on models of monopolistic competition with heterogeneous firms in international trade, paying particular attention to competition effects, pass-through, selection effects, and linking distributions of firm characteristics and outcomes. A...
Persistent link: https://www.econbiz.de/10012179765
This paper argues that tax avoidance by large corporations has contributed to the 25% increase in concentration among U.S. firms since the mid-1990s. Corporate tax avoidance gives large firms a competitive edge, which translates into larger market shares and an increase in the granularity of the...
Persistent link: https://www.econbiz.de/10012269539
We provide an overview and synthesis of recent work on models of monopolistic competition with heterogeneous firms in international trade, paying particular attention to competition effects, pass-through, selection effects, and linking distributions of firm characteristics and outcomes. A...
Persistent link: https://www.econbiz.de/10012858197
This paper examines intermediation in production networks to unpack the firm attributes and matching costs that govern firm-to-firm networks and the gains from trade. Exploiting rich customs data for Chile, we show that exporters of all sizes use intermediaries, mix trade modes across buyers,...
Persistent link: https://www.econbiz.de/10015339498
This paper argues that tax avoidance by large corporations has contributed to the 25% increase in concentration among U.S. firms since the mid-1990s. Corporate tax avoidance gives large firms a competitive edge, which translates into larger market shares and an increase in the granularity of the...
Persistent link: https://www.econbiz.de/10012825999
We study a multinational enterprise's (MNE) choice of foreign direct investment (FDI) mode in a vertically related … unobservability of contract terms favor cross-border acquisition relative to greenfield investment. We also show that while a cross …-border acquisition reduces welfare, greenfield investment can be welfare-improving. These results suggest that policy should distinguish …
Persistent link: https://www.econbiz.de/10010333403
abroad by either horizontal or vertical FDI. Upon opening a market to trade, firms with the lowest productivity will exit … choose horizontal FDI. At a sector level, the more prone to fragmentation a sector is, the lower will be the ratio of exports … to FDI sales. …
Persistent link: https://www.econbiz.de/10010312845