Showing 1 - 10 of 31
their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to … productivity with a shape parameter that depends on industry-level characteristics. A novel result is that export opportunities, by …
Persistent link: https://www.econbiz.de/10011384472
inward trade barriers affect productivity. The production function of Brazilian manufacturers is estimated at the ISIC3 two …-digit level under various alternatives, including an extension of Olley and Pakes' (1996) procedure. Firm-level productivity is … inferred and then related to trade. Findings suggest that (1) foreign competition pressures firms to raise productivity …
Persistent link: https://www.econbiz.de/10011402582
We develop a general equilibrium model of monopolistic competition with a traded and a non-traded sector. Using a broad class of homothetic preferences - that generate variable markups, display a simple behavior of their elasticity of substitution, and nest the ces as a limiting case - we show...
Persistent link: https://www.econbiz.de/10011814939
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012138753
Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual … productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show … international markets. We show that firms with low productivity may still be able to penetrate foreign markets provided they have …
Persistent link: https://www.econbiz.de/10011492068
of total factor productivity (TFP) - and equivalently of real per capita income or welfare - as a smaller fraction of … more input varieties available, the average productivity of firms is lower as greater market size protects inefficient …
Persistent link: https://www.econbiz.de/10011375682
margins. We show that either domestic or foreign trade liberalization reduces the range of exports and the range of domestic … output and average productivity, with stronger positive productivity effects for newly imported intermediate inputs. However …
Persistent link: https://www.econbiz.de/10011397180
We set up a model of offshoring with heterogeneous producers that captures two empirical regularities of German offshoring firms. There is selection of larger, more productive firms into offshoring. However, the selection is not sharp, and offshoring and non-offshoring firms coexist over a wide...
Persistent link: https://www.econbiz.de/10011611197
job destruction in low-productivity firms and job creation in high-productivity firms. In contrast, the net effect of … reductions in Chinese input tariffs is limited to job destruction in low-productivity ordinary exporters. …
Persistent link: https://www.econbiz.de/10011743088
industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ … significantly from the case of homogeneous firms. -- international trade ; firm heterogeneity ; R&D ; productivity ; market …
Persistent link: https://www.econbiz.de/10003887426