| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7923 |
| DP7923 Product adjustments: A firm-level analysis of the impact of a real exchange rate shock | |
| Karen Helene Ulltveit-Moe; Andreas Moxnes | |
| 发表日期 | 2010-07-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | Using a new and extensive micro data set we investigate the impact of a change in international competitive pressure following a real exchange shock on multi-product firms? product mix. We only find weak evidence for the core competencies hypothesis, according to which, we would expect the exposed firms to reduce their product portfolio in response to the shock. But firms exposed to the shock significantly reduced their rate of product churning, relative to the control group of nonexposed firms. Moreover, we find a strong positive link between churning in the range of imported and exported products, suggesting that the product mix of imported inputs may be an important, but less understood, margin of adjustment. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Heterogeneous firms Product differentiation Firm restructuring Real exchange rate shock |
| URL | https://cepr.org/publications/dp7923 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536760 |
| 推荐引用方式 GB/T 7714 | Karen Helene Ulltveit-Moe,Andreas Moxnes. DP7923 Product adjustments: A firm-level analysis of the impact of a real exchange rate shock. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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