Sunk export costs. How they influence firms’ export decisions and international trade
The trade-off between innovation and defense industrial policy: A simulation model analysis of the Norwegian defense industry
Do the effects of R&D tax credits vary across industries? A meta-regression analysis
Irreversible eksportkostnader: Hvordan de påvirker bedrifters eksportbeslutninger og internasjonal handel
Norway, Asia and the Global Value Chains. Asia’s Growth and Norway’s Economic Links to Asia.
This report is written as part of a project funded by the Norwegian Ministry of Foreign Affairs in 2013. The core project team has included the authors of this report, Donghyun Park, Asian Development Bank, Manila and Innwon Park, Korea University, Seoul. This report focuses on the economic development of Asia and Norway’s economic links to Asia, and aims to provide a compact and up-to-data analysis in these fields.
The reverse home-market effect in export. A cross-country study of the extensive margin of exports
Do small countries have higher proportions of firms that export in manufacturing industries than large ones? As small countries are well known to be more open than large ones, it may appear uncontroversial to claim that the answer is yes. Nevertheless, this contradicts predictions from many standard trade models positing a home-market effect in the number of manufacturing firms and exporters. In this article, I present a theoretical model where a home-market effect in the number of firms coexists with a reverse home-market effect in the number of exporters: as in standard models, the number of firms in a small country relative to that in a large one is lower than relative income, but, in contrast to standard models, the relative number of exporters is larger. As a consequence, small countries will have higher proportions firms that export in manufacturing industries – a claim I support empirically.