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pro vyhledávání: '"Marc J. Melitz"'
Publikováno v:
Journal of the European Economic Association. 21:455-483
This paper derives a European Herfindahl–Hirschman concentration index from 15 micro-aggregated country datasets. In the last decade, European concentration rose due to a reallocation of economic activity toward large and concentrated industries. O
Publikováno v:
The Review of Economics and Statistics. :1-56
We analyze how demand conditions faced by a firm in its export markets affect its innovation decisions. We exploit exogenous firm-level export demand shocks and find that firms respond by patenting more; furthermore this response is driven by the sub
Autor:
Marc J. Melitz, Stephen J. Redding
Two central insights from the Schumpeterian approach to innovation and growth are that the pace of innovation is endogenously determined by the expectation of future profits and that growth is inherently a process of creative destruction. As internat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0d03c6c304caf06e1c0f9c8be2d7fbc2
https://doi.org/10.3386/w28945
https://doi.org/10.3386/w28945
Autor:
Stephen J. Redding, Marc J. Melitz
Publikováno v:
SSRN Electronic Journal.
Two central insights from the Schumpeterian approach to innovation and growth are that the pace of innovation is endogenously determined by the expectation of future profits and that growth is inherently a process of creative destruction. As internat
Autor:
Marc J. Melitz, Florin Ovidiu Bilbiie
Due to its impact on nominal firm profits, price rigidity amplifies the response of entry and exit to adverse supply shocks, such as COVID-19. This “entry-exit multiplier” triggers substantial magnification of the welfare losses due to negative s
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::acd4ee7d32ffeb3f2d0f893bad1be294
https://doi.org/10.3386/w28258
https://doi.org/10.3386/w28258
Publikováno v:
The Review of Economics and Statistics
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their best pe
Autor:
Marc J. Melitz
Publikováno v:
Review of World Economics. 154:1-13
In this paper, I develop a simple model of heterogeneous exporters to a single destination. This model highlights how the response of producer markups to market-level changes in that destination are intrinsically tied to the induced reallocation of e
Die vorliegende 11. Auflage von „Internationale Wirtschaft – Theorie und Politik der Außenwirtschaft“ erscheint somit in einer Zeit, in der wir uns stärker als je zuvor über den prägenden Einfluss der Weltwirtschaft auf das Schicksal, die P