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margin of exports. -- International Trade ; Trade Costs ; Endogenous Sunk Costs …
Persistent link: https://www.econbiz.de/10009632205
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011757771
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011762805
Persistent link: https://www.econbiz.de/10012631022
Persistent link: https://www.econbiz.de/10012289989
Purpose – This paper aims to combine the authors' findings of widespread bilateral trade‐share persistence with some recent empirical evidence of substantial and rapid volatility in the country source of most products in order to extend the implications of this literature in several ways....
Persistent link: https://www.econbiz.de/10014863225
endogenous selection problems, the empirical analysis benefits from exogenous variation in exports induced by a policy experiment …
Persistent link: https://www.econbiz.de/10015360593
strength of the link between domestic demand and exports is dependent on capacity constraints. Our econometric model for six … same transition variable. We find that domestic demand developments are relevant for the short-run dynamics of exports when … exports turns out to be stronger the larger is the deviation of capacity utilization from its average value over the cycle. …
Persistent link: https://www.econbiz.de/10010255111
the model. Unlike a pure fixed cost version, the model correctly forecasts a steep rise in exports after 2003. It is also … able to reconcile a strong export reaction to trade liberalizations with a low elasticity of aggregate exports to exchange …
Persistent link: https://www.econbiz.de/10010191654
strength of the link between domestic demand and exports is dependent on capacity constraints. Our econometric model for six … same transition variable. We find that domestic demand developments are relevant for the short-run dynamics of exports when … exports turns out to be stronger the larger is the deviation of capacity utilization from its average value over the cycle. …
Persistent link: https://www.econbiz.de/10010195462