Results 91 to 100 of about 1,826 (229)

More Competition, Better Products: Evidence From Tariff Cuts

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT This article examines how increased competition affects product and process innovation. I combine plausibly exogenous variation in foreign competition induced by large tariff cuts with a difference‐in‐differences strategy and find that firms increase their product patenting in response to increased foreign competition, but, on average, foreign
Colin Davison
wiley   +1 more source

Demand Shocks, Export Diversification, and Firm Performance During the Great Trade Collapse

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT This paper analyzes the impact of external demand shocks from the 2008 to 2009 Great Trade Collapse on the performance of Chinese exporters and examines how export diversification mitigates these effects. Using Chinese Customs data merged with financial data from all listed Chinese firms, we construct firm‐specific demand shocks based on pre ...
Qianlin Hong   +3 more
wiley   +1 more source

Import competition and stock price crash risk

open access: yesJournal of Financial Research, EarlyView.
Abstract We investigate how globalization‐induced import competition affects stock price crash risk. Import competition increases price pressure and reduces profit margins, prompting managers to withhold negative information, resulting in higher crash risk. Based on a sample of US manufacturing firms from 1974 to 2019, we find that firms whose products
Mansoor Afzali   +2 more
wiley   +1 more source

Are CSR incidents truly bad news?

open access: yesJournal of Financial Research, EarlyView.
Abstract We revisit whether disclosures of negative Corporate Social Responsibility (CSR) incidents adversely affect firms' stock prices. While univariate tests reveal significant negative abnormal returns around incident announcements, the effect disappears once firm characteristics, industry, and time‐fixed effects are controlled for.
Chen Chen   +2 more
wiley   +1 more source

landusemix: A Python package for calculating land use mix

open access: yesSoftwareX
Integrating different land uses within a geographic area is essential to urban planning and development. Accurate and fast land use mix (LUM) measurement is necessary for evaluating urban diversity and sustainability. In this paper, we present landusemix,
Mehmet Ali Akyol   +2 more
doaj   +1 more source

Hampered Monetary Policy Transmission ‐ A Supply‐Side Story?

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper shows that the supply side of credit is a major factor for hampered monetary policy transmission in monopolistic banking markets. Our stress test data containing projected interest rates of all 1,555 small and medium‐sized banks in Germany under two hypothetical scenarios provide a clear way to partial out demand shocks that are ...
LOTTA HECKMANN‐DRAISBACH, JULIA HARDT
wiley   +1 more source

Shock Propagation within Multisector Firms

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper studies the role of multisector firms in the cross‐sectoral propagation of economic shocks. By leveraging an increase in import competition from China as a source of a negative economic shock, we show that employment of an establishment in a given industry is negatively affected by shocks that impact establishments operating in ...
JAY HYUN, ZIHO PARK, VLADIMIR SMIRNYAGIN
wiley   +1 more source

FINANCIAL ANALYSIS OF FOREIGN ECONOMIC ACTIVITY IN THE CONDITIONS OF HYPERDYNAMIC TRANSFORMATION OF INTERNATIONAL COOPERATION POLICY

open access: yesФінансово-кредитна діяльність: проблеми теорії та практики
The purpose of the study is to empirically assess the dynamics of foreign economic activity in the conditions of hyperdynamic transformation of international cooperation policy based on official time and structural data.
Maria Dykha   +4 more
doaj   +1 more source

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