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Exporting strategies of heterogeneous firms subject to export shocks and financial restraints

This paper develops an open economy firm-heterogeneous model where the combination of market rigidities and exchange rate uncertainty acts like a barrier to trade and modifies a firm's optimal choice in terms of production and pricing. The existence of price and labour rigidities, coupled with imperfect financial development and exchange rate uncertainty, separates incumbent…

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/ 08/08/2011

Firm heterogeneity, rules of origin and rules of cumulation

We analyse the impact of relaxing rules of origin (ROOs) in a simple setting with heterogeneous firms that buy intermediate inputs from domestic and foreign sources. In particular, we consider the impact of switching from bilateral to diagonal cumulation when using preferences (instead of paying the MFN tariff) involving the respect of rules of origin. We find that relaxing the…

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Français, English / 08/08/2011

Firm Location Determinants: Empirical Evidence for France

This paper analyzes the effects of local externalities on the probability of starting a new economic activity. We use firm-level data and geographic information on French zip-codes for 1993-2002. Poisson and Negative Binomial panel data models are estimated as they naturally allow for large sets of location choices with frequent zero outcomes and control for unobserved zip-code…

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/ 08/08/2011

Quality competition versus price competition goods: an empirical classification

Based on the recent trade models of the Heterogeneous Firms Trade (HFT) model and the Quality Heterogeneous Firms Trade (QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find a high proportions of quality-competition goods for the major EU countries and lower proportions for Canada, Australia and China. However,…

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/ 08/08/2011

NAFTA and the diversification of Mexico’s exports : Emprical [sic] investigation on the predictions of the Heterogeneous Firms Trade models

Using NAFTA’s effect on Mexico’s exports as a natural experiment, this paper conducts an empirical analysis on the explanatory power of the two strands of heterogeneous firms trade models: the heterogeneous firms trade (HFT) model and the quality heterogeneous firms trade (QHFT) model. The paper first discusses the common prediction of the two models on ‘new’ goods’ exports and on…

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/ 08/08/2011

Crowding-in, crowding-out and over-crowding: the interaction between price and quantity based instruments and intrinsic motivation

We conduct a field experiment involving real purchasing decisions in a large supermarket chain to test the effect of different regulatory interventions aiming to induce a more climate-friendly diet on intrinsic motivation. Focusing on shoppers who prefer the dirty variety, we compare labeling, a subsidy, a product ban and neutrally framed versions of the latter two in their ability…

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/ 08/08/2011

Secteur privé

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Français, English / 22/07/2011

Private sector

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Français, English / 22/07/2011

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