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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24013 |
来源ID | Working Paper 24013 |
The Life-Cycle Dynamics of Exporters and Multinational Firms | |
Anna Gumpert; Haishi Li; Andreas Moxnes; Natalia Ramondo; Felix Tintelnot | |
发表日期 | 2017-11-13 |
出版年 | 2017 |
语种 | 英语 |
摘要 | This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). Using rich firm-level data, we document a comprehensive set of facts on entry, exit, and growth of new exporters and new MNEs. Guided by these facts, we build a model based on the standard proximity-concentration trade-off extended to incorporate time-varying firm productivity and sunk costs of MNE entry. The calibrated version of the model goes far in matching cross-sectional and dynamic moments of the data on exporters and MNEs. We show that including the choice to become an MNE affects the predicted export dynamics after trade liberalization. The different dynamics in a model with and without MNEs hinge on the right truncation of fast-growing exporters induced by the inclusion of the MNE choice. |
主题 | International Economics ; Trade ; International Factor Mobility |
URL | https://www.nber.org/papers/w24013 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581687 |
推荐引用方式 GB/T 7714 | Anna Gumpert,Haishi Li,Andreas Moxnes,et al. The Life-Cycle Dynamics of Exporters and Multinational Firms. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24013.pdf(788KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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