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Recent empirical studies suggest that there is a rising trend of market power across sectors in advanced economies. We contribute to this line of research by providing industry-specific evidence for German manufacturing industries, based on representative high-quality firm level data from...
Persistent link: https://www.econbiz.de/10012253813
technology imported from non-leaders increases exports by about 28 percent. -- Technology Choice ; Exporting ; Productivity … performance. The magnitude of the effect is large: a one percent increase in spending on technology increases exports by 30 … spending on technology imported from leaders increases exports by 176 percent, whereas a one percent increase in spending on …
Persistent link: https://www.econbiz.de/10003956230
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect. Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and Ma …
Persistent link: https://www.econbiz.de/10010294493
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect". Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009672241
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect'. Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- Multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009682079
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise...
Persistent link: https://www.econbiz.de/10013039335
Persistent link: https://www.econbiz.de/10010317626
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. To overcome the potential endogeneity, we need to identify … variations in innovations that are exogenous to exports. We argue that this instrumental variable strategy yields estimates of …
Persistent link: https://www.econbiz.de/10005342172
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10012760867
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10013319300