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Full-Text Articles in Industrial Organization
Exports And Productivity Selection Effects For Dutch Firms, Henk Lm Kox, Hugo Rojas Romogosa
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 …
Challenges For Business Services In European Economic Growth, Henk Lm Kox
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
The Contribution Of Business Services To Aggregate Productivity Growth, Henk Lm Kox
The Contribution Of Business Services To Aggregate Productivity Growth, Henk Lm Kox
Henk LM Kox
As in most OECD countries, the business services industry in the Netherlands has grown much faster than the market sector as a whole. It has, however, displayed stagnating productivity growth, in some periods even a fall in productivity. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence, to future economic growth? Reviewing existing empirical evidence, the paper argues that this concern need not be valid. The business services industry has an important role in the national innovation system and in knowledge spillovers to other industries. The innovation contribution of business services …