Showing 1 - 10 of 55
This paper documents for the first time the relationship between profitability and three types of international trade activities – exports, imports and two-way trade. It uses unique new representative data for manufacturing enterprises from Germany, one of the leading actors on the world...
Persistent link: https://www.econbiz.de/10009308838
Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of firm-to-firm matching...
Persistent link: https://www.econbiz.de/10012813858
information on the export and import value by firm, country, product and year for the period 2011-2019. Problems arising from the …
Persistent link: https://www.econbiz.de/10014306801
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper … analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a … exogenous to firms' export decisions by relying on preexisting lending relationships and exploiting the acquisition of a firm …
Persistent link: https://www.econbiz.de/10013332105
. Export opportunities, instead, shift expected profits to the tail and increase the value of technological heterogeneity. We …, built from highly disaggregated US import data. Consistent with the model, financial development increases sales dispersion …. These results can be important for explaining the effect of financial development and factor endowments on export sales. …
Persistent link: https://www.econbiz.de/10011447515
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …
Persistent link: https://www.econbiz.de/10011547934
An astonishing 33% of all firm-product-destination export spells in Danish data turn out to be isolated single …-month one-off export events (observed once in a 49 month window). On average, for an export-active firm, such one-off exports … passive (i.e., buyer-side driven) one-off exporting in addition to the customary proactive export channel. This framework …
Persistent link: https://www.econbiz.de/10011566510
This paper explores firms' export dynamics in emerging economies where local firms face stiff foreign competition, both … at home and abroad, and thus compelled to choose the level of quality in which to export. We develop and test a model of … vertical product differentiation where the link between export performance and product quality is central. The impact of other …
Persistent link: https://www.econbiz.de/10011586251
show that the distribution of export intensity not only varies substantially across countries, but in a large number of … dispersion, the distribution of export intensity has two modes in the boundaries of the support and their height is determined by … export intensity. Our results show that when the conditions for the existence of twin peaks are met, differences in relative …
Persistent link: https://www.econbiz.de/10011750100
find export status to be positively correlated with both product market power (markups) and market power consolidated on …
Persistent link: https://www.econbiz.de/10011776033