Export opportunities in the presence of adjustment costs

This paper studies firm behavior and market outcomes that result from new export opportunities in a context of capital adjustment costs and imperfect labor mobility. We develop a dynamic model of firms and workers and estimate its structural parameters using Argentine data. Results uncover quantitat...

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Autores principales: Artuc, Erhan, Bet, Germán, Brambilla, Irene, Porto, Guido Gustavo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2013
Materias:
Ciencias Económicas
trade liberalization
firm heterogeneity
adjustment costs
capital mobility
labor market dynamics
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/170316
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-170316
record_format dspace
spelling I19-R120-10915-1703162024-09-18T04:09:28Z http://sedici.unlp.edu.ar/handle/10915/170316 Export opportunities in the presence of adjustment costs Artuc, Erhan Bet, Germán Brambilla, Irene Porto, Guido Gustavo 2013-11 2013 2024-09-17T17:58:53Z en Ciencias Económicas trade liberalization firm heterogeneity adjustment costs capital mobility labor market dynamics This paper studies firm behavior and market outcomes that result from new export opportunities in a context of capital adjustment costs and imperfect labor mobility. We develop a dynamic model of firms and workers and estimate its structural parameters using Argentine data. Results uncover quantitatively important complementarities between export opportunities and the ability of firms to react to positive price shocks. These complementarities are comparatively more important in the short run, for small shocks, and related to investment decisions. Este trabajo estudia el comportamiento de las firmas y equilibrios de mercado que se generan a partir de nuevas oportunidades de exportación en un contexto con costos de ajuste al capital y movilidad imperfecta de los trabajadores. Desarrollamos un modelo dinámico de firmas y trabajadores y estimamos los parámetros estructurales de este modelo usando datos de Argentina. Los resultados indican que existen importantes complementariedades entre las oportunidades de exportación y la capacidad de las firmas de reaccionar ante shocks positivos de precios. Estas complementariedades son comparativamente más importantes en el corto plazo, para shocks pequeños, y se manifiestan más marcadamente en las decisiones de inversión. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
trade liberalization
firm heterogeneity
adjustment costs
capital mobility
labor market dynamics
spellingShingle Ciencias Económicas
trade liberalization
firm heterogeneity
adjustment costs
capital mobility
labor market dynamics
Artuc, Erhan
Bet, Germán
Brambilla, Irene
Porto, Guido Gustavo
Export opportunities in the presence of adjustment costs
topic_facet Ciencias Económicas
trade liberalization
firm heterogeneity
adjustment costs
capital mobility
labor market dynamics
description This paper studies firm behavior and market outcomes that result from new export opportunities in a context of capital adjustment costs and imperfect labor mobility. We develop a dynamic model of firms and workers and estimate its structural parameters using Argentine data. Results uncover quantitatively important complementarities between export opportunities and the ability of firms to react to positive price shocks. These complementarities are comparatively more important in the short run, for small shocks, and related to investment decisions.
format Objeto de conferencia
Objeto de conferencia
author Artuc, Erhan
Bet, Germán
Brambilla, Irene
Porto, Guido Gustavo
author_facet Artuc, Erhan
Bet, Germán
Brambilla, Irene
Porto, Guido Gustavo
author_sort Artuc, Erhan
title Export opportunities in the presence of adjustment costs
title_short Export opportunities in the presence of adjustment costs
title_full Export opportunities in the presence of adjustment costs
title_fullStr Export opportunities in the presence of adjustment costs
title_full_unstemmed Export opportunities in the presence of adjustment costs
title_sort export opportunities in the presence of adjustment costs
publishDate 2013
url http://sedici.unlp.edu.ar/handle/10915/170316
work_keys_str_mv AT artucerhan exportopportunitiesinthepresenceofadjustmentcosts
AT betgerman exportopportunitiesinthepresenceofadjustmentcosts
AT brambillairene exportopportunitiesinthepresenceofadjustmentcosts
AT portoguidogustavo exportopportunitiesinthepresenceofadjustmentcosts
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