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- W2008632888 abstract "This paper presents and estimates a dynamic model of multinational production (MP) and exports with heterogeneous firms. The model highlights the interaction between firms' location and export decisions and their effect on aggregate productivity. The model is structurally estimated using firm-level Indonesian manufacturing data. The results are broadly consistent with the pattern of productivity, exports and MP across firms. Counterfactual experiments suggest that there are substantial productivity gains due to international trade and MP. The implied changes in steady state real wages, however, are relatively small. The experiments emphasize that the nature of firm-level trade and MP interactions are crucial to determining the aggregate effects of trade and foreign direct investment policy." @default.
- W2008632888 created "2016-06-24" @default.
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- W2008632888 date "2014-04-01" @default.
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- W2008632888 title "Multinational production, exports and aggregate productivity" @default.
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- W2008632888 doi "https://doi.org/10.1016/j.red.2013.08.002" @default.
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