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来源类型Working Paper
规范类型报告
DOI10.3386/w24013
来源IDWorking 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
URLhttps://www.nber.org/papers/w24013
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581687
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GB/T 7714
Anna Gumpert,Haishi Li,Andreas Moxnes,et al. The Life-Cycle Dynamics of Exporters and Multinational Firms. 2017.
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