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productivity for manufacturing firms in China. However, in order to penetrate the international market, firms conduct more product …
Persistent link: https://www.econbiz.de/10009419389
Persistent link: https://www.econbiz.de/10013192749
We join the new trade theory with a model of choice between bank and bond financing to show the differential effects of … financial policy on the distribution of firm size, gains from trade, and the real exchange rate in a small open economy …. Increasing bank efficiency and reducing bond transaction costs have opposite effects on the extensive margin of trade, aggregate …
Persistent link: https://www.econbiz.de/10013139994
In this paper we assess the effects of bond financing on firms' survival during the 1997-98 Asian crisis. Using a novel database covering the period 1995 to 2007 for five Asian economies most affected by the crisis - Indonesia, Korea, Malaysia, Singapore and Thailand - we find strong evidence...
Persistent link: https://www.econbiz.de/10013141985
In this study we provide detailed evidence on the importance and performance of exporters compared to non-exporters in Austrian manufacturing, based on firm level data. The results are in line with those found in other studies pointing towards the exceptional role of exporting firms with respect...
Persistent link: https://www.econbiz.de/10011392306
Persistent link: https://www.econbiz.de/10011751894
linkages among a number of export-market destinations (e.g., China, India, other Asia, EU, US, MENA, SSA excluding South Africa … destination matters: exporting to China leads to improvements in total factor productivity (TFP); India destination enhances the … study finds that export intensity matters for certain destinations, with higher levels of exports to the USA improving …
Persistent link: https://www.econbiz.de/10011845408
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015048212
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015048791
We use a calibrated model of the dynamics of organization capital and industry evolution to measure the size of investment in organization capital in the steady state and the dynamics of organization capital during the transition following a major reform. We find that, in the steady state,...
Persistent link: https://www.econbiz.de/10014214410