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...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2016/05/10
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Рабочий документ в рамках исследования вопросов политики
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WPS7667
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1
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1
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2016/05/10
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Disclosed
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Learning, Prices, and firm dynamics
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intermediate input