Export and import market-specific characteristics. How they drive the decision to trade and how much

Using a rich firm-level dataset on the Italian manufacturing industry, this paper provides a comprehensive analysis of the role that firms and market characteristics play in shaping firms’ trade activities. We enhance the previous analyses by considering firms’ engagement in international transactions, by focusing on either exports or imports. We show that the determinants of a firm’s export participation and value across countries also drive import behavior. Our research is consistent with the presence of country-specific sunk costs and with a qualitatively similar role of gravity forces and other country attributes on both sides of trading activities. Our evidence, however, militates in favor of a framework where variations in market characteristics have a larger impact on imports than exports.

The action cam phenomenon: a new trend in audiovisual production

When the GoPro camera was first put on the market in 2004, it brought about a new generation of ultracompact cameras designed to be attached to the user’s body, and which came to be known as action cams. Their principal characteristics were their tiny size, their high-quality images and a wide-angle, fixed-focal-length lens. This combination has made it much simpler to get spectacular subjective shots with considerable depth of field. The users of this technology now form a whole generation of citizen-filmmakers who produce thousands of videos every day in a novel realistic style dominated by first-person narrative. Their work is principally shared via video platforms like YouTube and Vimeo, which provide instant feedback in the form of millions of views. In this paper we analize the common features of the action cam recording style and we state these videos will bring about a redefinition of the realist visual style. Furthermore, we propose to relate the success of the action cam phenomenon with the cognitive concept of embodiment and argue that the viewer’s mirror neurons copy the real sensations and enable the viewer to experience, virtually and in safety, the same emotions felt by the person actually taking part in the action.