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consistent with the key features of the data regarding productivity, exporting, and importing. We perform a variety of … export their goods and whether to use imported intermediates. The model highlights mechanisms whereby import policies affect … counterfactual experiments to assess quantitatively the positive and normative effects of barriers to trade in import and export …
Persistent link: https://www.econbiz.de/10012772491
Persistent link: https://www.econbiz.de/10009719618
, built from highly disaggregated US import data. Consistent with the model, financial development increases sales dispersion …
Persistent link: https://www.econbiz.de/10011447515
documented that exporting is a rare activity, that exporting firms are larger and more productive than other firms, and that … heterogeneous and highly concentrated. Second, both the extensive margin (number of exporting firms) and the intensive margin … multinational firms, the import behavior of firms, and the extent to which heterogeneity is endogenous to firms. choices, but some …
Persistent link: https://www.econbiz.de/10012669016
margin: the number of exporting firms has grown, and the number of exported products has fallen relatively more for top firms …
Persistent link: https://www.econbiz.de/10012495680
margin: the number of exporting firm has grown, and the number of exported products has fallen more for top firms. Instead …
Persistent link: https://www.econbiz.de/10011979247
We construct a framework of firm dynamics to evaluate the impact of the enforcement of contracts between final goods producers and their intermediate goods suppliers on firm growth, technology accumulation, and aggregate productivity. We build upon the static contracts model of Acemoglu et al....
Persistent link: https://www.econbiz.de/10012166322
We study the effects of import competition on industry locations patterns in a small open economy with two regions … is linked with firm-level innovation through an import competition effect that is increasing in the market share of … imported goods and the productivity differential of domestic firms with the rest of the world. We show that increased import …
Persistent link: https://www.econbiz.de/10012113952
A quantitative framework of firm dynamics is developed where the size of the informal sector is determined by financial constraints and the burden of taxation. Improving access to credit for formal sector firms increases aggregate TFP and output while reducing the size of the informal sector....
Persistent link: https://www.econbiz.de/10011489988
How do banks facilitate creative destruction and shape firm turnover? We develop a dynamic general equilibrium model of bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By restructuring loans to firms with poor prospects and...
Persistent link: https://www.econbiz.de/10013453926