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Results 1 - 10
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18,547
Psychic distance and Australian export market selection
- Australian Journal of Management
, 2007
"... The Uppsala internationalisation model developed the concept of psychic distance in the international business literature and proposed that firms select international markets based on ‘psychic proximity’. The actual operationalisation of psychic distance in research is usually undertaken by estimati ..."
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Cited by 4 (0 self)
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to the Australian context where the country market selection of firms does not generally match country similarities. An information based measure of psychic distance is developed and is then applied to psychic distances between Australia and twenty five other countries. Actual Australian exporter behaviour in terms
Is learning by exporting important? Micro-dynamic evidence from Colombia, Mexico and Morocco
- Quarterly Journal of Economics
, 1998
"... Do firms 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 firms ..."
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Cited by 604 (13 self)
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by the self-selection of the more efficient firms into the export market. We also find some evidence of positive regional externalities. I.
The Role of Firm Factors in Demand, Cost, and Export Market Selection for Chinese Footwear Producers
, 2012
"... Footwear Producers. " The views expressed herein are those of the authors and do not necessarily reflect ..."
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Footwear Producers. " The views expressed herein are those of the authors and do not necessarily reflect
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
- Journal of Financial Economics
, 1985
"... The presence of traders with superior information leads to a positive bid-ask spread even when the specialist is risk-neutral and makes zero expected profits. The resulting transaction prices convey information, and the expectation of the average spread squared times volume is bounded by a number th ..."
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Cited by 1273 (5 self)
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that is independent of insider activity. The serial correlation of transaction price dif-ferences is a function of the proportion of the spread due to adverse selection. A bid-ask spread implies a divergence between observed returns and realizable returns. Observed returns are approximately realizable returns plus
The impact of trade on Intra-Industry reallocations and aggregate industry productivity.
- Econometrica,
, 2003
"... This paper develops a dynamic industry model with heterogeneous firms to analyze the intra-industry effects of international trade. The model shows how the exposure to trade will induce only the more productive firms to enter the export market (while some less productive firms continue to produce o ..."
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Cited by 1584 (22 self)
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This paper develops a dynamic industry model with heterogeneous firms to analyze the intra-industry effects of international trade. The model shows how the exposure to trade will induce only the more productive firms to enter the export market (while some less productive firms continue to produce
Status quo bias in decision making
- Journal of Risk and Uncertainty
, 1988
"... economics, rationality Most real decisions, unlike those of economics texts, have a status quo alternative-that is, doing noth-ing or maintaining one’s current or previous decision. A series of decision-making experiments shows that individuals disproportionately stick with the status quo. Data on t ..."
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Cited by 641 (21 self)
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on the selections of health plans and retirement programs by faculty members reveal that the status quo bias is substantial in important real decisions. Economics, psychology, and decision theory provide possible explanations for this bias. Ap-plications are discussed ranging from marketing techniques
A survey of trust and reputation systems for online service provision
, 2005
"... Trust and reputation systems represent a significant trend in decision support for Internet mediated service provision. The basic idea is to collect information about potential service providers in order to select the most reliable and trustworthy provider of services and information and to avoid th ..."
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Cited by 632 (15 self)
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Trust and reputation systems represent a significant trend in decision support for Internet mediated service provision. The basic idea is to collect information about potential service providers in order to select the most reliable and trustworthy provider of services and information and to avoid
Integration of trade and disintegration of production in the global economy
- Journal of Economic Perspectives
, 1998
"... The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, as manufacturing or services activities done abroad are combined with those performed at home ..."
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Cited by 496 (7 self)
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The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, as manufacturing or services activities done abroad are combined with those performed
Monopolistic competition and optimum product diversity. The American Economic Review,
, 1977
"... The basic issue concerning production in welfare economics is whether a market solution will yield the socially optimum kinds and quantities of commodities. It is well known that problems can arise for three broad reasons: distributive justice; external effects; and scale economies. This paper is c ..."
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Cited by 1911 (5 self)
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The basic issue concerning production in welfare economics is whether a market solution will yield the socially optimum kinds and quantities of commodities. It is well known that problems can arise for three broad reasons: distributive justice; external effects; and scale economies. This paper
Financial Dependence and Growth
- American Economic Review
, 1998
"... This paper examines whether nancial development facilitates economic growth by scrutinizing one rationale for such a relationship; that nancial development reduces the costs of external nance to rms. Speci cally, we ask whether industrial sectors that are relatively more in need of external nance de ..."
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Cited by 1086 (26 self)
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develop disproportionately faster in countries with more developed nancial markets. We nd this to be true in a large sample of countries over the 1980s. We show this result is unlikely to be driven by omitted variables, outliers, or reverse causality. (JEL O4, F3, G1) A large literature, dating at least
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