Showing 1 - 10 of 411
legal costs are higher when business is done abroad. Using a matching model of trade, we show that legal costs asymmetry …
Persistent link: https://www.econbiz.de/10005124219
legal costs are higher when business is done abroad. Using a matching model of trade, we show that the home bias is …
Persistent link: https://www.econbiz.de/10005114404
We show in the framework of a new economic geography model that when labour is heterogenous and productivity depends on the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter-industry trade. The agglomeration force is the improvement...
Persistent link: https://www.econbiz.de/10005791724
generated through bilateral matching of agents spanning a spectrum of types. Domestic matching is perfect – every trader knows … the type of all others and can approach any, but international matching is random – every trader lacks the information to … choose a partner’s type. Group ties, however, allow perfect matching abroad to a minority of individuals who have access to …
Persistent link: https://www.econbiz.de/10005123805
This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...
Persistent link: https://www.econbiz.de/10005504220
This paper tackles the issue of the optimality of agglomeration in a two-region economy with skilled/mobile and unskilled/immobile workers. The market leads to the optimal outcome when transport costs are high or low. However, for intermediate values, it yields agglomeration whereas dispersion...
Persistent link: https://www.econbiz.de/10005504229
This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides a measure of the size of the effect. It works with a very large data set (about 16 million observations) covering twenty countries at the most disaggregated level of trade data...
Persistent link: https://www.econbiz.de/10005504243
This paper investigates the possibility of endogenous fluctuations in the international distribution of economic activities in the presence of increasing returns, monopolistic competition, trade and convex adjustment costs without allowing for any local productive externalities. Using a...
Persistent link: https://www.econbiz.de/10005504285
This Paper presents firm level evidence on the dynamics of non-manual wage premia and employment shares in Italian manufacturing during the nineties. We find that the relative stability of aggregate wage premia and employment shares hides offsetting disaggregate forces. First, while technical...
Persistent link: https://www.econbiz.de/10005504296
This Paper discusses a number of issues in the context of the debate on intellectual property in less developed countries (LDCs). It starts by discussing the consequences of IP enforcement in LDCs for global innovation and welfare in poorer countries. It then considers the costs and benefits of...
Persistent link: https://www.econbiz.de/10005504337