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Persistent link: https://www.econbiz.de/10003496786
countries, this paper introduces three new indicators for measuring uncertainty in Turkey's export markets from the first … quarter of 1996 to the first quarter of 2020. The indicators measure uncertainty in Turkey's export destinations. After … introducing three indicators of uncertainty for export markets, we investigate their effects on economic growth. We find that all …
Persistent link: https://www.econbiz.de/10012240442
This paper aims to understand the pathways by which exporters become entities that sell multiple goods to multiple … customers. To understand firms’ export strategies, we analyse new trade flows – new seller-buyer-product combinations – of … individual exporters. Our first finding highlights that these new trade flows are an important margin for firms of all size …
Persistent link: https://www.econbiz.de/10015046277
culturally related to their prior export destinations. We quantify the impact of this spatial pattern using a Chinese firm … firm-product and destination specific effects and accounting for possible multiple new export destinations we show that the … probability to export to a country increases by 15 to 38 percent for each prior export destination with a geographical or cultural …
Persistent link: https://www.econbiz.de/10009388381
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10011283837
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic …-concentration tradeoff. We show that the option of performing MNE activities in the model produces life-cycle patterns for exporters that … differ from those in an export-only model. Calibrating our model to rich firm-level data from France and Norway, our main …
Persistent link: https://www.econbiz.de/10011757771
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013183698
This paper explores the role of information transmission in explaining donors ́choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a "delegation-scheme." Conversely, project...
Persistent link: https://www.econbiz.de/10010199746
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but she can provide justification by sending a costly cheap-talk message. If she does not provide justification, her message space is restricted, but the message is costless. I...
Persistent link: https://www.econbiz.de/10010361447
" consists of unverifiable information and the quality of communication depends on the conflict of interests between the …
Persistent link: https://www.econbiz.de/10010126407