Browsing by Subject "Exports"

Now showing 1 - 4 of 4
  • Thumbnail Image
    Publication
    Open Access
    Is there a Producer Quality Wage Premium similar to the Exporter Wage Premium
    (2012-09-18) Hernández, Pedro Jesús; Fundamentos del Análisis Económico
    Exporter wage premium has been widely studied in the literature on international trade. The aim of this paper is analyze whether there is also a producer quality wage premium at firm level, and if so, analyze whether its origin is similar to the exporter wage premium. In other words, I test whether firms that increase their product quality become more productive and pay higher wages (as with the learning by exporting hypothesis, we can speak of learning by producing quality), or, in contrast, more-productive firms with higher wages opt to increase product quality because their higher productivity means these kinds of decisions and investments can be taken with more guarantees (self-selection hypothesis).
  • Thumbnail Image
    Publication
    Open Access
    Is there a quality-upgrading wage premium?
    (Emerald Publishing : Asociación Libre de Economía (ALdE), 2016) Hernández Martínez, Pedro Jesús; Fundamentos del Análisis Económico
    This paper analyses the existence of a quality-upgrading wage premium at the firm level and its connection with the exporting wage premium. Producing a higher quality product increases the likelihood of exporting and can activate a learning-by-exporting mechanism. In turn, higher quality products require employing more-skilled labour, thereby leading to higher wages. Using a methodology similar to that proposed by Schank et al. (2010), I test whether firms that increase their product quality pay higher wages (the learning- by-quality-upgrading hypothesis) or, conversely, if firms with higher productivity, as proxied by their higher wages, are more likely to increase the quality of their output (self-selection hypothesis).
  • Thumbnail Image
    Publication
    Open Access
    A note on the link between firm size and exports
    (2013-11-28) Hernández, Pedro Jesús; Fundamentos del Análisis Económico
    This paper re-examines the link between firm size and exports in order to study the proposal that consists of increasing the firm size to raise exports as a way out of the current economic crisis. The elasticity of export propensity (percentage of exported sales) with respect to firm size depends on several firm characteristics. The new heories of international trade emphasize the firm heterogeneity as the theoretical basis of this behaviour. In the context of such heterogeneity, this paper uses the quantile regression methodology to analyze the effect of firm size on export propensity of the firms, confirming the existence of a positive relationship that becomes less important as export propensity increases. The traditional estimate of this elasticity on the average of the export propensities distribution underestimates the effect in the bottom of the distribution and overestimates the effect on most of it.
  • Thumbnail Image
    Publication
    Restricted
    Reassessing the link between firm size and exports
    (Springer, 2020-06) Hernández Martínez, Pedro Jesús; Fundamentos del Análisis Económico
    This paper re-examines the link between firm size and exports. The new theories of international trade emphasize firm heterogeneity as the theoretical basis of export behavior. In the context of this heterogeneity, this paper uses the quantile regression methodology to analyze the effects of firm size on firm export propensity (percentage of exported sales). The paper confirms the existence of a positive relationship between firm size and export propensity but finds that the conventional estimates of the elasticity of export propensity with respect to firm size on the average of the export propensities’ distribution underestimate the effect at the bottom of the distribution and overestimate the effect on the rest. Consequently, policies aimed at increasing exports should focus their efforts on increasing the size of those firms with a lower export propensity.