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This paper establishes six stylized facts about firms' export prices using detailed customs data on the universe of … each destination, have bigger worldwide sales, and enter more markets. Second, firms that export more, that enter more … markets and that charge higher export prices import more expensive inputs. Third, across destinations within a firm …
Persistent link: https://www.econbiz.de/10005027084
We develop an assignment theory to analyze the volume and composition of foreign direct investment (FDI). Firms conduct FDI by either engaging in greenfield investment or in cross-border acquisitions. Cross-border acquisitions involve firms trading heterogeneous corporate assets to exploit...
Persistent link: https://www.econbiz.de/10005088966
-product manufacturing exporters that are not easily reconciled with existing multi-product models. Using novel linked production and export … data at the firm-product level, we find that the overwhelming majority of manufacturing firms export products that they do … not produce. Three quarters of the exported products and thirty percent of export value from Belgian manufacturers are in …
Persistent link: https://www.econbiz.de/10010558726
skewed towards their core expensive goods in destinations where they offer less items. Finally, export prices are positively …
Persistent link: https://www.econbiz.de/10010951043
adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the …
Persistent link: https://www.econbiz.de/10005830348
export their highest-sales products across multiple destinations. To account for these regularities, we develop a model of …
Persistent link: https://www.econbiz.de/10008776832
comparative advantage industries are more likely to export, that relative firm size and the relative number of firms increases …
Persistent link: https://www.econbiz.de/10005050024
Do scale economies contribute to our understanding of international trade? Do international trade flows encode information about the extent of scale economies? To answer these questions we examine the large class of general equilibrium theories that imply Helpman-Krugman variants of the Vanek...
Persistent link: https://www.econbiz.de/10005089252
A simple model of offshoring, which depicts offshoring as 'shadow migration,' permits straightforward derivation of necessary and sufficient conditions for the effects on wages, prices, production and trade. We show that offshoring requires modification of the four classic international trade...
Persistent link: https://www.econbiz.de/10005710098
How large are optimal tariffs? What tariffs would prevail in a worldwide trade war? How costly would be a breakdown of international trade policy cooperation? And what is the scope for future multilateral trade negotiations? I address these and other questions using a unified framework which...
Persistent link: https://www.econbiz.de/10009277255