This paper documents new facts about the joint evolution of firm performance and prices in international markets and proposes a theory of firm dynamics emphasizing the interaction between learning about demand and quality choice to explain the observed patterns. Using data from the Portuguese manufacturing sector, the paper documents that: (1) within narrow product categories, firms with longer spells of activity in export destinations tend to ship...
更多显示
详细
-
2016/05/10
-
政策研究报告
-
WPS7667
-
1
-
1
-
2016/05/10
-
Disclosed
-
Learning, Prices, and firm dynamics
-
intermediate input