Showing 131 - 140 of 308
Persistent link: https://www.econbiz.de/10015163709
This paper realizes the Melitz-Pareto model using firm-level data from 40 Chinese manufacturing industries from 1998 and 2007. Under the hypothesis that the productivity of firms in each industry follows a Pareto distribution, we show that the domestic sales of non-exporters and the foreign...
Persistent link: https://www.econbiz.de/10015229879
We show in the Chinese Annual Survey of Industrial Firms that size distributions of non-exporters and exporters have different shapes, which can only be explained by assuming that their productivity distributions have different shapes. Empirical estimations verify this assumption. This paper...
Persistent link: https://www.econbiz.de/10015230689
We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...
Persistent link: https://www.econbiz.de/10014000896
Consider a setting where a treatment that starts at some point during a spell (e.g. in unemployment) may impact on the hazard rate of the spell duration, and where the impact may be heterogeneous across subjects. We provide Monte Carlo evidence on the feasibility of estimating the distribution...
Persistent link: https://www.econbiz.de/10010277332
When the Melitz model is implemented in practice, the industrial productivity distribution is often assumed to be of Pareto form. In this case, a fundamental relationship $\kappa\sigma-1$ must hold to guarantee the convergence of the industrial average productivity, where $\kappa$ is the...
Persistent link: https://www.econbiz.de/10015238290
The paper proposes a model to investigate the influences of agglomeration on heterogeneous firms' exporting behaviors. Competition and thus selection effect caused by agglomeration forces less productive firms to exit the market while agglomeration externalities increase firms' productivity and...
Persistent link: https://www.econbiz.de/10015238291
An extended single-index model is considered when responses are missing at random. A three-step estimation procedure is developed to define an estimator for the single index parameter vector by a joint estimating equation. The proposed estimator is shown to be asymptotically normal. An iterative...
Persistent link: https://www.econbiz.de/10010331121
The paper proposes a model to investigate the influences of agglomeration on heterogeneous firms' exporting behaviors. In the model, firms are heterogeneous in productivity. Selection effect and agglomeration economies caused by agglomeration increase firms' productivity and decreases industrial...
Persistent link: https://www.econbiz.de/10011340886
As cities play important roles in economic growth, the competitive power of foreign trade of cities has gained more and more attentions. Exporting hazard rate, as one dimension of foreign competitive power, shall be specifically measured. And its spatial distribution across cities shall be...
Persistent link: https://www.econbiz.de/10011397525