Showing 1 - 10 of 2,873
documented that exporting is a rare activity, that exporting firms are larger and more productive than other firms, and that … heterogeneous and highly concentrated. Second, both the extensive margin (number of exporting firms) and the intensive margin … multinational firms, the import behavior of firms, and the extent to which heterogeneity is endogenous to firms. choices, but some …
Persistent link: https://www.econbiz.de/10012799723
margin: the number of exporting firms has grown, and the number of exported products has fallen relatively more for top firms …
Persistent link: https://www.econbiz.de/10012582049
This paper studies structural change in production networks for intermediate inputs (input-output network) and new capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising fraction of production by services sectors. We develop a...
Persistent link: https://www.econbiz.de/10014348090
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …
Persistent link: https://www.econbiz.de/10010266034
margin: the number of exporting firms has grown, and the number of exported products has fallen relatively more for top firms …
Persistent link: https://www.econbiz.de/10013235106
How do banks facilitate creative destruction and shape firm turnover? We develop a dynamic general equilibrium model of bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By restructuring loans to firms with poor prospects and...
Persistent link: https://www.econbiz.de/10014241611
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a declining labor force. We study the consequences of an increasing pensioner-worker ratio in a macroeconomic framework, which suggests a negative effect on total factor productivity....
Persistent link: https://www.econbiz.de/10014345627
This paper studies the impact of trade reforms on the evolution of plant's productivity in Chile (1979-2000). The main … contribution of the paper is to construct detailed measures of trade liberalization disentangling the impact of export and import … to non traded. On the other hand, the reduction of import barriers might have a positive impact on productivity in export …
Persistent link: https://www.econbiz.de/10010264191
This paper examines the link between a firm's ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010261423
This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms and endogenous R&D. Among the robust results that hold...
Persistent link: https://www.econbiz.de/10010266051