The Experts below are selected from a list of 114084 Experts worldwide ranked by ideXlab platform
Isaac R Holloway - One of the best experts on this subject based on the ideXlab platform.
-
Foreign entry quality and cultural distance product level evidence from us movie exports
Review of World Economics, 2014Co-Authors: Isaac R HollowayAbstract:This paper investigates the effect of quality on Foreign entry using data on international movie exports and direct and revealed measures of movie quality. Strict quality sorting is predicted by a model of firm heterogeneity. An alternative model is random entry, in which entry decisions are independent of the movie’s quality. I develop a discrete choice model that allows for both of these extremes as special cases, and use graphical techniques and simulations to compare their predictions to the data. I then use regression analysis to estimate the effect of quality on the propensity to enter Foreign Markets. A one-standard-deviation increase in quality increases the probability of entry by 25–50 %. Systematic differences in taste for different genre types are used to estimate a measure of cultural distance between countries. Movies in “culturally dependent” genres are less likely to enter Foreign Markets and their probability of entry is less sensitive to quality. The cultural distance measure enters a gravity equation of US bilateral trade significantly. Copyright Kiel Institute 2014
-
Foreign entry quality and cultural distance product level evidence from us movie exports
Review of World Economics, 2014Co-Authors: Isaac R HollowayAbstract:This paper investigates the effect of quality on Foreign entry using data on international movie exports and direct and revealed measures of movie quality. Strict quality sorting is predicted by a model of firm heterogeneity. An alternative model is random entry, in which entry decisions are independent of the movie’s quality. I develop a discrete choice model that allows for both of these extremes as special cases, and use graphical techniques and simulations to compare their predictions to the data. I then use regression analysis to estimate the effect of quality on the propensity to enter Foreign Markets. A one-standard-deviation increase in quality increases the probability of entry by 25–50 %. Systematic differences in taste for different genre types are used to estimate a measure of cultural distance between countries. Movies in “culturally dependent” genres are less likely to enter Foreign Markets and their probability of entry is less sensitive to quality. The cultural distance measure enters a gravity equation of US bilateral trade significantly.
James Tybout - One of the best experts on this subject based on the ideXlab platform.
-
the decision to export in colombia an empirical model of entry with sunk costs
The American Economic Review, 1997Co-Authors: Mark J Roberts, James TyboutAbstract:Recent theoretical models of entry predict that, in the presence of sunk costs, current market participation is affected by prior experience. This paper quantifies the effect of prior exporting experience on the decisions of Colombian manufacturing plants to participate in Foreign Markets. It develops a dynamic discrete-choice model of exporting behavior that separates the roles of profit heterogeneity and sunk entry costs in explaining plants' exporting status. Sunk costs are found to be significant and prior export experience is shown to increase the probability of exporting by as much as sixty percentage points. Copyright 1997 by American Economic Association.
-
is learning by exporting important micro dynamic evidence from colombia mexico and morocco
Research Papers in Economics, 1996Co-Authors: Sofronis Clerides, Saul Lach, James TyboutAbstract:Is there any empirical evidence that firms become more efficient after becoming exporters? Do firms that become exporters generate positive spillovers for domestically-oriented producers? In this paper we analyze the causal links between exporting and productivity using firm-level panel data from three semi-industrialized countries. Representing export market" participation and production costs as jointly dependent autoregressive processes, we look for evidence that firms' stochastic cost processes shift when they break into Foreign Markets. We find that relatively efficient firms become exporters, but firms' unit costs are not affected by previous export market participation. So the well-known efficiency gap between exporters and non-exporters is due to self-selection of the more efficient firms into the export market, rather than learning by exporting. Further, we find some evidence that exporters reduce the costs of breaking into Foreign Markets for domestically oriented producers, but they do not appear to help these producers become more efficient.
-
is learning by exporting important micro dynamic evidence from colombia mexico and morocco
Quarterly Journal of Economics, 1996Co-Authors: Sofronis Clerides, Saul Lach, James TyboutAbstract:Do erms become more efficient after becoming exporters? Do exporters generate positive externalities for domestically oriented producers? In this paper we tackle these questions by analyzing the causal links between exporting and productivity using plant-level data. We look for evidence that erms’cost processes change after theybreak into Foreign Markets. We end that relatively efficient erms become exporters; however, in most industries, erms’ costs are not affected by previous exporting activities. So the well-documented positiveassociation between exporting and efficiency is explained by the self-selection of the moreefficient erms intothe exportmarket. Wealsoend some evidence of positive regional externalities.
Rodolfo C Rivas - One of the best experts on this subject based on the ideXlab platform.
-
no single best way to enter Foreign Markets mncs strategies to make it work in the globalized world and not die trying
Social Science Research Network, 2015Co-Authors: Rodolfo C RivasAbstract:In our current social, cultural and business environments, and for the foreseeable future, globalization is the rule. Even the taxi driver in Guadalajara, Mexico who thought he had no worries beyond having gas in the tank and being at the right spot during rush hour has to fight for survival against a growing behemoth known as Uber. In the end, no one is exempt of challenges and demands posed by globalization. For Multinational Corporations (MNC) in particular, the complexity of the challenges and demands require tailored strategies that not only respond to the changes, but can anticipate them – ultimately balancing between plans and being nimble enough to adapt to the ever-changing reality.This paper aims at finding ways to match strategies needed to specific challenges of MNCs. In doing so we will identify various strategies and analyze its merits and downfalls. In the process, we will first determine what a strategy is and why a firm needs one. We will then move to the drivers of globalization and what it means to strategic thinking; linking it to maximizing competitive and comparative advantages. Then, we will analyze some challenges faced when entering a Foreign market and briefly discuss strategies needed to face those challenges. Finally, we will conclude that although it may be true that “there is no one best way to enter Foreign Markets”, there are certainly ways for an MNC to enter Foreign Markets, while minimizing risks and maximizing benefits.
Geir Gripsrud - One of the best experts on this subject based on the ideXlab platform.
-
the expansion of Foreign direct investments discrete rational location choices or a cultural learning process
Journal of International Business Studies, 1992Co-Authors: Gabriel R G Benito, Geir GripsrudAbstract:It is recognized in the literature that experience may affect the cost and the uncertainty of operating in Foreign Markets, and experience and market knowledge may therefore influence the location decisions of FDIs. Economic theory does not, however, predict a general expansion pattern of FDIs across industries. On the other hand, the theory associated with the “internationalization process” approach highlights the importance of cultural distance, and predicts a movement from “close” to more “distant” Markets as more experience is acquired by the firm. The internationalization process approach is rooted in a behavioral theory of the firm.
Katrin Hussinger - One of the best experts on this subject based on the ideXlab platform.
-
Export Behavior and Firm Productivity in German Manufacturing: A Firm-Level Analysis
Review of World Economics, 2005Co-Authors: Jens Matthias Arnold, Katrin HussingerAbstract:This paper examines the causal relationship between productivity and exporting in German manufacturing. We find a causal link from high productivity to presence in Foreign Markets, as postulated by a recent literature on international trade with heterogeneous firms. We apply a matching technique in order to analyze whether the presence in international Markets enables firms to achieve further productivity improvements, without finding significant evidence for this. We conclude that high-productivity firms self-select themselves into export Markets, while exporting itself does not play a significant role for the productivity of German firms.
