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International Economics

Selected Works

Competitive selection dynamics

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Full-Text Articles in Social and Behavioral Sciences

Unleashing Competition In Eu Business Services, Henk Lm Kox Sep 2012

Unleashing Competition In Eu Business Services, Henk Lm Kox

Henk LM Kox

This policy brief provides research results indicating that a lack of competitive selection contributes to the productivity stagnation in European business services. Competition between small firms and large firms in business services is found to be weak. Inefficiencies also persist within size classes, which indicates a lack of competitive pressure. Markets for business services appear to work best in countries with flexible regulation on employment change, and with low regulatory costs for firms that start-up or exit a business. Countries with more openness to foreign competition perform better in terms of competitive selection and productivity. Policy simulations show that many …

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Productivity And Market Selection In Eu Business Services: Role Of Regulatory Policies, Henk Lm Kox Jan 2011

Productivity And Market Selection In Eu Business Services: Role Of Regulatory Policies, Henk Lm Kox

Henk LM Kox

This presentation investigates the effectiveness of productivity-based market selection in European markets for business services and the impact of regulatory policies on this process. As a proxy for effectiveness market selection I use the persistence of scale diseconomies.

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Export Margins And Export Barriers: Uncovering Market Entry Costs Of Exporters In The Netherlands, Roger Smeets, Harold Creusen, Arjan Lejour, Henk Kox Feb 2010

Export Margins And Export Barriers: Uncovering Market Entry Costs Of Exporters In The Netherlands, Roger Smeets, Harold Creusen, Arjan Lejour, Henk Kox

Henk LM Kox

Even though the Netherlands was the world’s sixth largest exporter in 2009, the majority of Dutch firms does not engage in international trade at all, possibly because they are unable to cover the costs to enter specific foreign markets. What are these costs that limited the internationalisation of Dutch firms? Using detailed and unique transaction-level data on export patterns of about 1,200 large Dutch firms in the years 2006-2007, this research opens the black box of market entry costs. First, we find that more productive firms are both more likely to engage in exports (extensive margin) and to export larger …

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Exports And Productivity Selection Effects For Dutch Firms, Henk Lm Kox, Hugo Rojas Romogosa Dec 2009

Exports And Productivity Selection Effects For Dutch Firms, Henk Lm Kox, Hugo Rojas Romogosa

Henk LM Kox

The paper tests whether recent theories of international trade with heterogeneous firms can explain the export patterns in Dutch firm- and plant- level data in manufacturing and services. Recent trade models with heterogeneous firms predict that the export decision of firms is affected by sunk entry costs in foreign markets, with only the most productive firms self-selecting into exports. We test a latent variable model of the export decision by probit regressions and standard OLS panel regressions. Our results support the self-selection prediction. The process further appears to be conditioned by scale effects, market structure and multinational affiliation. Regarding alternative …

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Challenges For Business Services In European Economic Growth, Henk Lm Kox May 2007

Challenges For Business Services In European Economic Growth, Henk Lm Kox

Henk LM Kox

#1; Stylised facts on growth of EU business services #1; Problem: dynamic, but weak productivity growth #1; Direct and indirect growth contributions #1; Challenges and opportunities

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The Dynamic Effects Of European Services Liberalisation, Henk Lm Kox Jul 2006

The Dynamic Effects Of European Services Liberalisation, Henk Lm Kox

Henk LM Kox

#1; A single European market for services? #1; Estimated static effects of liberalisation #1; Dynamic effects of services liberalisation #1; Conclusions and possible policy implications

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