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New developments in the world economy have triggered research designed to better understand the changes in trade and investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to offer in explaining parts of this puzzle, other...
Persistent link: https://www.econbiz.de/10012466577
Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the volume of intrafirm trade. In a panel of industries, the share of intrafirm imports in total U.S. imports is significantly higher, the higher the capital intensity of the exporting...
Persistent link: https://www.econbiz.de/10012468958
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
Persistent link: https://www.econbiz.de/10012463521
, we construct a novel country-level measure of enterprise liability, the propensity of courts to hold an entire group …, we examine how enterprise liability affects firm boundaries, internal organization, and corporate group growth. We find … that in countries where enterprise liability is weaker, groups tend to partition their assets more finely into distinct …
Persistent link: https://www.econbiz.de/10012453000
Persistent link: https://www.econbiz.de/10013480759
RCTs would be more useful if there were more realistic expectations of them and if their pitfalls were better recognized. For example, and contrary to many claims in the applied literature, randomization does not equalize everything but the treatment across treatments and controls, it does not...
Persistent link: https://www.econbiz.de/10012456084
There have been over 80 field experiments on traditional dimensions of discrimination in labor and housing markets since 2000, in 23 countries. These studies nearly always find evidence of discrimination against minorities. However, the estimates of discrimination in these studies can be biased...
Persistent link: https://www.econbiz.de/10012456397
Starting in the 2013-2014 school year, I conducted a randomized field experiment in fifty traditional public elementary schools in Houston, Texas designed to test the potential productivity benefits of teacher specialization in schools. Treatment schools altered their schedules to have teachers...
Persistent link: https://www.econbiz.de/10012456470
This article reviews the existing field experimentation literature on the prevalence of discrimination, the consequences of such discrimination, and possible approaches to undermine it. We highlight key gaps in the literature and ripe opportunities for future field work. Section 1 reviews the...
Persistent link: https://www.econbiz.de/10012456659
A commonly held view is that laboratory experiments provide researchers with more "control" than natural field experiments, and that this advantage is to be balanced against the disadvantage that laboratory experiments are less generalizable. This paper presents a simple model that explores...
Persistent link: https://www.econbiz.de/10012457789