Abstract De Loecker & Warzynski (2012) obtain the markup from the firm's cost minimization
problem by substituting in estimates of the output elasticity of a variable input and the …

Abstract De Loecker & Warzynski's (2012) method for recovering markups from cost-
minimization conditions and estimated input elasticities yields either larger or smaller …

Purpose The purpose of this paper is to boost the internationalization of companies by
implementing key factors that will help them to increase their exports in a context of an …

This work analyses the firms' internationalisation strategies of importing intermediates and
exporting output, and the potential rewards of these activities in terms of total factor …

This paper tests the pro‐competitive effect of imports on product and labour markets for
Spanish manufacturing firms in the period 1990–2005. In doing so, it takes into account the …

We develop a novel methodology for disentangling the demand and cost drivers of firm
heterogeneity when firms sort themselves into different markets, and we apply it to export …

This article addresses the differences in margins across exporting and nonexporting firms.
We jointly estimate a translog cost function, a variable factor share equation and price-cost …

We use data on 70,000 Chinese manufacturing firms that sell domestically and export to
robustly estimate the joint distribution of unobserved productivity (cost advantages) and …

Production and total factor productivity (TFP) fall dramatically during sudden stop episodes.
This paper shows that reallocation of resources can explain a significant share of observed …

We propose a theoretical framework to predict the impact of inward FDI on the host country's
incumbent firms' price-cost margins, according to the mode of entry of FDI. We derive a …