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The global financial crisis has brought to an end a rather unprecedented period of banks’ international expansion. We analyze the effects of the crisis on international banking. Using a detailed dataset on the international assets of all German banks with foreign affiliates for the years...
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It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010238353
This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply data we assess the relative importance of transaction...
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The relationship between individual firms’ export behaviour and firm performance has been studied extensively in the …-exporting companies, using the firms’ export status as a binary treatment variable and comparing the performance of exporting and non … individual firms’ export behaviour. Instead of a binary treatment variable, the GPS method allows for continuous treatment, that …
Persistent link: https://www.econbiz.de/10003319677
between the two sales modes most frequently used by the sampled exporters: direct exports and exporting via an intermediary …. The estimation results confirm the importance of the firm’s physical and intangible resources as well as the influence of …
Persistent link: https://www.econbiz.de/10003225295
domestic market, better performers engage in export activities, and the top firms establish foreign subsidiaries. Using German …
Persistent link: https://www.econbiz.de/10003181062
In this paper we analyse the relationship between export and innovation activities of German service sector companies … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only … partially supported. While human capital significantly improves export performance, labour costs hamper it only in selected …
Persistent link: https://www.econbiz.de/10011443384