This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...

Multinational firms have played an important role in leading the developing countries into world markets. Multinationals from the United States, Japan and Sweden have all increased their shares of LDC exports of manufactures since the mid-1960s or mid-1970s. Their importance was particularly...

Measures of long term trends in world export prices of manufactured goods and in the terms of trade between manufactured goods and primary products are sensitive to the choice of country weights and of base periods and, most important of all, the treatment of quality change. Later base periods...

The aim of this study is to analyze the impact of exporting on labor demand in Turkish manufacturing industry. By using Generalized Methods of Moments (GMM) with the firm-level production and trade data of Turkish manufacturing industry, this paper is exploring the employment impact of...

A prevalent feature of the global economy is the relevance of trade in intermediates due to production fragmentation. This phenomenon has led to the revival and development of trade models that include inter-industry relations. A wide variety of Ricardian trade models cope with this feature. In...

Manufacturing export and entrepreneurship have become increasingly important for economic development. However, there is limited information systems research examining the role of regional ICT infrastructure, knowledge infrastructure, democracy, and the number of foreign tourists for...

In this paper, we assess the digitalization of Indian manufacturing Micro, Small, and Medium Enterprises (MSMEs) by using the Centre for Monitoring Indian Economy’s Prowess database consisting of around 800 manufacturing MSMEs for the period 1990-2019. Our primary objective is to answer two...

This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...

This study examines the impact of imported intermediates on plant productivity and the role of plant capability in explaining the heterogeneity of the impact. The study uses a survey database of medium and large Indonesian manufacturing establishments from 2000 to 2015. Imported intermediates...

This paper attempts to study to what extent Tunisian industrial exports have been resilient during the COVID-19 pandemic. For this purpose, we test for structural breaks using the Bai-Perron test and monthly data on industrial exports from 2014 to 2021. Using the dynamic ordinary least squares...

Exporters differ markedly in export-market performance. We document that this heterogeneity is not strongly reflected in workforce education or occupations but closely relates to the presence of a few workers with prior export experience. We employ a novel identification strategy to isolate how...

Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...

This paper analyses the dynamic linkages between firms' imports of intermediate inputs and exports, for Colombia, an emerging economy. We use data for manufacturing firms from the Colombian Annual Manufacturing Survey, for the period 2007-2016. We specially focus on the identification of direct...

We consider a trade model combining a 2x2x2 Heckscher-Ohlin structure, monopolistic competition, transport costs, and multinational corporations. We demonstrate how the mix of national and multinational firms that operate in equilibrium depends on technology and on the division of the world...

Does national market size matter for industrial structure? This has been suggested by theoretical work on home market' effects, as in Krugman (1980, 1995). In this paper, I show that what previously was regarded as an assumption of convenience - transport costs only for the differentiated goods...

By empirically examining the commodity structure of Japan's exports in 2000–2020, the authors have identified product groups with increased, diminished, newly emerged, and lost revealed comparative advantages (RCA). In 2020, Japan had RCA in 24 product groups with relatively high levels of...

While an extensive strategy literature seeks to explain differences in firm performance, little is known about how much firm, industry and host-regions matter in explaining heterogeneity in export behaviors. The international entrepreneurship literature has highlighted that firm-, industry- and...

This study sought to examine the main constraints to manufacturing export competitiveness in Tanzania. Using panel data for the period 1997-2018, the study established that supply-side factors dominate demand-side factors in explaining manufacturing export competitiveness. Specifically, the...

Although economists have long been interested in the implications of Marshallian externalities (i.e., industry-level external economies of scale) for trading economies, the large number of equilibria that they typically imply has kept such externalities out of the recent quantitative trade...

The purpose of this paper is to present, and to explain the construction of, a set of price indexes relating to international trade in manufactured goods. These include: 1. Indexes of export prices for the U.S., Germany, and Japan, based on their weights, and indexes of competitors' prices for...

This study uses both a net factor content analysis and a small simulation model to explore the impact on the U.S. labor market of a fivefold increase in imports of manufactured goods from developing countries. The simulation, which is parameterized by the US economy in 1990, involves a balanced...

In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly, and characterize qualitatively the form that optimal intervention takes under a variety of assumptions about the number of firms, their conjectures about the response of their...

Recent theoretical developments have cast doubt on the reliability of the commonly used cross-industry regression as a method for inferring a country's abundant factors. This paper examines the empirical importance of these theoretical cautions by comparing regression derived estimates of factor...

This paper presents conceptually correct tests of the Heckscher-Ohlin proposition that trade in commodities can be explained in terms of an interaction between factor input requirements and factor endowments. Most prior work that claims top resent tests of this hypothesis have used intuitive but...

The real effective exchange rate is an aggregation of several bilateral real exchange rates with respect to other countries. The aggregation is usually done under the assumption of constant elasticity of substitution (CES) between products from different countries. We investigate the validity of...

This study analyzes the impact of real exchange rate undervaluation on Indonesia's manufacturing exports in 22 manufacturing industries throughout 1990-2015. The study was undertaken by modifying a partial equilibrium model of monopolistic competition for exporting firms and using the augmented...

This paper examines the transformations that occurred in Moldova'sforeign trade on international markets, with focus on agricultural and food commodities. The research includes the analysis of Moldova's foreign trade activity with agricultural and food commodities, the changes that occurred in...

The validity of engineering export apportionment in India's economic growth is investigated in this paper. The export-led growth hypothesis is tested in this article to assess the relationship, impact, and contribution of engineering exports in the Indian economy. To test the hypothesis,...

Services, which are less traded than goods, rose from 58 percent of world expenditure in 1970 to 79 percent in 2015. Using a Ricardian trade model incorporating endogenous structural change, we quantify how this substantial shift in consumption has affected trade. Without structural change, we...

Using unique recently released nationally representative high-quality data at the plant level, this paper presents the first comprehensive evidence on the relationship between productivity and size of the export market for Germany, a leading actor on the world market for manufactured goods. It...

Research shows that international trade is an important channel for the transfer of technology. Building on this evidence, this paper examines the effects of inter- and intraindustry trade on technology transfer. The paper develops and tests the hypothesis that intraindustry trade stimulates...

Analysis of firm-level panel data from three sub-Saharan African economies shows that exporting manufacturers have a total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by selection of more efficient producers into exporting or...

A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic competition. The paper estimates a relation implied by the model to explain relative sectoral exports of...