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Registros recuperados: 5
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The Impact of Food Price Shock on Heterogenous Credit Constrained Firms AgEcon
Ciaian, Pavel; Kancs, d'Artis.
The paper analyses how the rising agricultural prices affect heterogenous farm access to inputs and production under credit market imperfections in the CEE transition countries. Using farm level panel data which contains 37416 observations, we estimate a farm credit constraint equation and find that small individual farms (IF) are on average more credit constrained than large corporate farms (CF). Using the estimated parameters we simulate the effect of the recent food price shock. Our results suggest that in the presence of credit market imperfections, the relatively less credit constrained CF benefit more from higher output prices than IF, as they are able to expand their production more flexibly. These findings have implications for the developing...
Tipo: Conference Paper or Presentation Palavras-chave: Credit constraint; Food price shock; Heterogeneous firms; Agricultural and Food Policy; Agricultural Finance; Production Economics; Q11; Q12; P23.
Ano: 2009 URL: http://purl.umn.edu/51428
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Export Intensity and Plant Characteristics: What Can We Learn from Quantile Regression? AgEcon
Wagner, Joachim.
Using quantile regression and a rich cross section data set for German manufacturing plants this paper documents that the impact of plant characteristics on export activities varies along the conditional size distribution of the export/sales ratio.
Tipo: Working or Discussion Paper Palavras-chave: Exports; Quantile regression; Heterogeneous firms; International Relations/Trade; F10; D21; L60.
Ano: 2004 URL: http://purl.umn.edu/26390
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The FDA Food Safety and Modernization Act and the Exemption for Small Firms AgEcon
Pouliot, Sebastien.
The FDA Food Safety Modernization Act of 2010 is new legislation that mandates, among other things, new food safety standards. The act includes a clause that exempts small firms from new regulatory requirements. This paper investigates the effects of a small firm exemption from more stringent food safety standards. The model compares food safety, total output and the number of market participants for different food safety regulation with and without an exemption for small firms. The numerical examples show that a more stringent food safety regulation increases food safety, increases the price of food, decreases the total output and decreases the number of firms. A new food safety standard with an exemption for small firms increases the average food safety...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Heterogeneous firms; Regulation; Regulatory exemption; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; D21; M31; Q10; Q18.
Ano: 2011 URL: http://purl.umn.edu/103885
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Exports, Foreign Direct Investment, and Productivity: Evidence from German Firm Level Data AgEcon
Wagner, Joachim.
This paper presents the first empirical test with German establishment level data of a hypothesis derived by Helpman, Melitz and Yeaple in a model that explains the decision of heterogeneous firms to serve foreign markets either trough exports or foreign direct investment: only the more productive firms choose to serve the foreign markets, and the most productive among this group will further choose to serve these markets via foreign direct investments. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of foreign direct investors dominates that of exporters, which in turn dominates that of national market suppliers.
Tipo: Working or Discussion Paper Palavras-chave: Exports; Foreign direct investment; Productivity; Heterogeneous firms; Stochastic dominance; International Relations/Trade; F14; F23; D21.
Ano: 2005 URL: http://purl.umn.edu/26205
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Does Input Trade Liberalization Boost Downstream Firms Exports? Evidence from the French Agrofood Sector AgEcon
Le Mener, Leo; Chevassus-Lozza, Emmanuelle; Gaigne, Carl.
Tipo: Conference Paper or Presentation Palavras-chave: Intermediate good; Heterogeneous firms; Agrifood sector; Trade liberalization.; Agribusiness; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/61487
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