Search results for "Heterogeneous firms"

showing 3 items of 3 documents

Do firms share the same functional form of their growth rate distribution? A statistical test

2014

We introduce a new statistical test of the hypothesis that a balanced panel of firms have the same growth rate distribution or, more generally, that they share the same functional form of growth rate distribution. We applied the test to European Union and US publicly quoted manufacturing firms data, considering functional forms belonging to the Subbotin family of distributions. While our hypotheses are rejected for the vast majority of sets at the sector level, we cannot rejected them at the subsector level, indicating that homogenous panels of firms could be described by a common functional form of growth rate distribution.

Economics and EconometricsControl and OptimizationFOS: Physical sciencesDistribution (economics)Heterogeneous firmEDF testsFOS: Economics and businessMicroeconomicsGrowth rate distribution of individual firmEconomicsmedia_common.cataloged_instanceEuropean unionScalingmedia_commonStatistical hypothesis testingSettore SECS-S/06 - Metodi mat. dell'economia e Scienze Attuariali e FinanziarieStatistical Finance (q-fin.ST)EDF testbusiness.industryApplied MathematicsSettore FIS/01 - Fisica SperimentaleQuantitative Finance - Statistical FinanceProbability and statisticsVariance (accounting)Settore FIS/07 - Fisica Applicata(Beni Culturali Ambientali Biol.e Medicin)North American Industry Classification SystemHeterogeneous firmsPhysics - Data Analysis Statistics and ProbabilityNull hypothesisbusinessData Analysis Statistics and Probability (physics.data-an)
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Who uses intermediaries in international trade? Evidence from firm-level survey data

2011

The present paper uses data from the World Bank Enterprise Survey conducted in Turkey in 2005 to shed light on the firms which use intermediaries in international trade. It lends robust empirical support to recent theories which suggest that indirect exporters are mostly small firms which are not profitable enough to cover the high fixed costs of building their own distribution network abroad. Manufacturers which introduce entirely new products to foreign markets are more likely to use trade intermediaries, as are firms which produce low quality goods. In contrast, neither foreign ownership nor credit constraints are correlated with the choice of export mode. Moreover, firms which rely on t…

IntermediaryEmpirical researchForeign ownershipDistribution networksbusiness.industryEconomicsSurvey data collectionComputingMilieux_LEGALASPECTSOFCOMPUTINGInternational tradebusinessTrade barrierFixed costHeterogeneous firms intermediated trade
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Redistribution, selection, and trade

2017

Abstract This paper examines the distributional effects of international trade in a general equilibrium model with heterogeneous agents and a welfare state redistributing income. The redistribution scheme is financed by a progressive income tax and gives the same absolute transfer to all individuals. Ceteris paribus, international trade leads to an increase in income per capita but also to higher income inequality on two fronts. Inter-group inequality between managers and workers increases, and intra-group inequality within the group of managers goes up as well. We show that for a given tax rate, there is an endogenous increase in the size of the welfare state that works against the increas…

Economics and EconometricsLabour economicsGeneral equilibrium theoryCeteris paribusH24H25International tradeInternational trade Income inequality Redistribution Heterogeneous firmsTax rateEconomic inequalityIncome tax0502 economics and businessEconomicsddc:330F12050207 economicsIncome inequalityD31050205 econometrics 05 social sciencesF16Internationaler Handel Einkommensungleichheit Umverteilung Heterogene FirmenWelfare stateRedistribution (cultural anthropology)Per capita incomeHeterogeneous firmsVolkswirtschaftslehreRedistributionF68Finance
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