Showing 1 - 10 of 316
how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …
Persistent link: https://www.econbiz.de/10005181328
Using firm-level data for the UK, we investigate the link between firms’ financial health, borrowing ratio and export exit, paying special attention to the recent financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of export exit...
Persistent link: https://www.econbiz.de/10010690378
. Applying propensity score matching to control for differences across firms in terms of labor productivity, size, etc., we find …
Persistent link: https://www.econbiz.de/10010681216
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we … productivity premia associated with the different sourcing strategies. We find strong empirical support for the predictions of the …
Persistent link: https://www.econbiz.de/10008572568
France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical research pointed out that weak export performance was due to i) vigorous domestic demand; ii) lower mark-ups due to head-to-head competition with Germany; iii) low non-price...
Persistent link: https://www.econbiz.de/10008583670
This paper studies the performance of China’s exports during the 2008—2009 financial crisis. It focuses on the speed at … which China’s exports were hit by this downturn. Product-country monthly exports data is utilized. It is found that GDP … growth rates of importing countries play an important role in explaining how fast exports fall below the values of the same …
Persistent link: https://www.econbiz.de/10009320783
In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost … advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US …
Persistent link: https://www.econbiz.de/10009323303
The physical or absolute geography of Sub-Saharan Africa (SSA) is often blamed for its poor economic performance. A country’s location however not only determines its absolute geography, it also pins down its relative position on the globe vis-à-vis other countries. This paper assesses the...
Persistent link: https://www.econbiz.de/10005181360
This paper provides first firm-level evidence of the links between income inequality and the patterns of trade and export prices. We identify a theoretical mechanism behind these links, which suggests that a more unequal income distribution leads to higher average prices. We test the theory...
Persistent link: https://www.econbiz.de/10010671575
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two possible transmission channels from financial...
Persistent link: https://www.econbiz.de/10011205374