Showing 1 - 10 of 132
In this article, we review the literature on the measurement of trade costs in international trade with a special …
Persistent link: https://www.econbiz.de/10011083427
mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …
Persistent link: https://www.econbiz.de/10005124204
Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...
Persistent link: https://www.econbiz.de/10005656283
Existing estimates of the annual unemployment rate from 1870 to 1913 were constructed by the Board of Trade, initially in 1888, and updated thereafter. This is still the series which is widely used and cited. It is based on records of the number unemployed in various trade unions and it has a...
Persistent link: https://www.econbiz.de/10005666759
downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
This paper provides estimates of Indian GDP constructed from the output side for the pre-1871 period, and combines them with population estimates to track changes in living standards. Indian per capita GDP declined steadily between 1600 and 1871. As British living standards increased from the...
Persistent link: https://www.econbiz.de/10008642893
provision or cheap talk, and competition inherent to social media may incentivize participants to either process better …, we find evidence that social media can be informative about future stock returns but that competition distorts opinions … rather than encouraging participants to process better information. In particular, competition induces exaggerated negative …
Persistent link: https://www.econbiz.de/10011196033
This paper analyzes the link between firm exports and the competitive environment in foreign markets. We derive a theory-based econometric specification linking destination-specific exports to foreign demand and the degree of 'crowdedness' of foreign markets. The latter is a measure of the...
Persistent link: https://www.econbiz.de/10008611013
We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a … unbiased estimates of the competition effects from entry. We apply our approach to seven different local service sectors. We …
Persistent link: https://www.econbiz.de/10009003374