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* 17 Results

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  • Tags: firm heterogeneity
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  1. Publication

    Innovation and Trade with Heterogeneous Firms

    01.07.2011

    This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms and...

  2. Publication

    Trade Liberalization along the Firm Size Distribution: The Case of the EU-South Korea FTA

    01.07.2021

    In 2011, the EU-South Korea Free Trade Agreement (EUKFTA) entered into force. With its focus on nontariff barriers (NTBs), it is a leading example of a

  3. Publication

    Cross-Border and Foreign-Affiliate Sales of Services: Evidence From German Micro-Data

    01.11.2013

    We merge German balance-of-payments and foreign-affiliate-trade statistics to obtain data about trade in commercial services at the firm level. We use these data to study export market participation and the choice of export mode: cross-border versus...

  4. Publication

    Cross-border Mergers and Greenfield Foreign Direct Investment

    01.02.2015

    I present a model of international trade and foreign direct investment (FDI), where FDI is comprised of greenfield FDI and mergers and acquisitions (M&A). In a monopolistically competitive environment merging firms do not reduce competition. Mergers...

  5. Publication

    Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry

    01.08.2010

    This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a...

  6. Publication

    Firm Productivity and the Foreign Market Entry Decision

    03.07.2012

    We use Japanese firm-level data to examine how a firm’s productivity affects its foreign-market entry strategy. The firm faces a choice between exporting and foreign direct investment (FDI). In the case of FDI, the firm has two options: greenfield...

  7. Publication

    Cross-Border Mergers and Greenfield Foreign Direct Investment

    01.11.2012

    I present a model of international trade and foreign direct investment (FDI), where FDI is comprised of greenfield FDI and mergers and acquisitions (M&A). Working in a monopolistically competitive environment, merging firms do not reduce competition....

  8. Publication

    Greasing the Wheels of International Commerce: How Services Facilitate Firms' International Sourcing

    01.01.2013

    We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolitic-competition model of the...

  9. Publication

    Firm Heterogeneity, Industry Characteristics and Types of FDI: The Case of German FDI in the Czech Republic

    01.09.2010

    In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with...

  10. Publication

    Domestic Repercussions of Different Types of FDI: Firm-level Evidence for Taiwanese Manufacturing

    01.01.2011

    It is widely feared that outward FDI gradually hollows out domestic manufacturing and displaces local workers. We address this concern by drawing on exceptionally informative firm-specific data on Taiwanese multinationals in manufacturing. In...

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