Journal ArticleJournal of International Economics · November 1, 2023
We develop a model of endogenous production networks with fixed costs in the formation of links between firms. We show that the closed economy equilibrium is unique if the set of feasible networks consists only of networks that are acyclic and the buyer in ...
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Journal ArticleQuarterly Journal of Economics · August 1, 2021
Governments go to great lengths to attract foreign multinationals because they are thought to raise the wages paid to their employees (direct effects) and to improve outcomes at local domestic firms (indirect effects). We construct the first U.S. employer- ...
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Journal ArticleReview of Economic Studies · March 1, 2021
We examine how many and what kind of firms ultimately rely on foreign inputs, sell to foreign markets, and are affected by trade shocks. To capture that firms can trade indirectly by buying from or selling to domestic firms that import or export, we use Be ...
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Journal ArticleJournal of International Economics · September 1, 2020
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 m ...
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Journal ArticleAmerican Economic Review · July 1, 2020
We estimate the price effect of US import restrictions on washers. The 2012 and 2016 antidumping duties against South Korea and China were accompanied by downward or minor price movements along with production relocation to other export platform countries. ...
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Journal ArticleJournal of International Economics · January 1, 2018
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of this home market advantage. While t ...
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Journal ArticleAmerican Economic Review · September 1, 2017
We develop a quantifiable multi-country sourcing model in which firms self-select into importing based on their productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable across destinati ...
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Journal ArticleQuarterly Journal of Economics · February 1, 2017
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to othermarkets outside the host country. In this article, I examine the determinants of multin ...
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Journal ArticleReview of Economics and Statistics · July 1, 2015
Using a microlevel data set of wind turbine installations in Denmark and Germany, we estimate a structural oligopoly model with cross-border trade and heterogeneous firms. Our approach separately identifies border-related from distance-related variable cos ...
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Journal ArticleEconomics Letters · January 1, 2015
Regressions of price differences between locations in different countries without controlling for the local market structure and the location of origin will lead to a biased estimate of the impact of national boundaries. We demonstrate that non-classical m ...
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