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Within a structural model we explicitly allow for the trade orientation of companies to estimate productivity dynamics … for exogenous demand shocks by trade orientation, assuming that labour and capital are state variables, and productivity … variable that is driven by lagged productivity as in Melitz (2003), leading productivity to follow a second-order Markov …
Persistent link: https://www.econbiz.de/10012776716
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/10013403718
statistically significant and economically large effects of trade activities on profits. This demonstrates that any productivity …
Persistent link: https://www.econbiz.de/10013123600
subsidies on export activities we find no impact of subsidies on the probability to start exporting, and only weak evidence for …
Persistent link: https://www.econbiz.de/10012764168
extensive and the intensive margins and the connection between exporting dynamics and plant-level total factor productivity … and account for a small share of gross, industry-level changes in exports, employment, output, and productivity. The … dynamics at the intensive margin is intense and heterogeneous. Plant mobility across deciles of export distribution has an …
Persistent link: https://www.econbiz.de/10013324807
identified. Our point estimates differ from those of existing methods and changes in our preferred productivity estimator perform … relatively well in predicting future export growth …
Persistent link: https://www.econbiz.de/10013251551
emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U …
Persistent link: https://www.econbiz.de/10012861314
between firm characteristics and export activities, demonstrating the decisive role of human capital intensity for exporting … heterogeneous firms that emphasises the role of productivity for exporting. It shows that productivity is important for exporting as … is hypothesized in the formal theoretical models, but that contrary to the assumption made in these models productivity …
Persistent link: https://www.econbiz.de/10013136942
to nearly all empirical studies on the relationship between productivity and exports we do not find any evidence for self …-selection of more profitable firms into export markets. Due to the sampling frame of the data used we cannot test the hypothesis … the whole range of the export-sales ratio. Only firms that generate 90 percent and more of their total sales abroad do not …
Persistent link: https://www.econbiz.de/10013324872
status and the growth of its labour productivity, using the firms' export status as a binary treatment variable and comparing …'s export-sales ratio and its labour productivity growth rate. We find that there is a causal effect of firms' export activities … the other hand, previous empirical studies show that exporting does not necessarily improve productivity. One possible …
Persistent link: https://www.econbiz.de/10013317068