Showing 1 - 10 of 130
Extensive research has demonstrated the existence of large potential welfare gains from trade facilitation—measures to reduce the overall costs of the international movement of goods. From an equity perspective an important question is how those benefits are distributed across and within...
Persistent link: https://www.econbiz.de/10011083525
This study takes a new look at the regulatory determinants of foreign direct investment (FDI) by asking whether labour … increases from inflexible (e.g. France) to flexible (e.g. United Kingdom), the volume of investment goes up by between 12% and … 26%. FDI in services sectors appears to be more sensitive to labour market regulations than investment in manufacturing. …
Persistent link: https://www.econbiz.de/10005661556
We use Italian firm-level data to investigate the impact of trade openness on the distribution of firms across marginal cost levels. In so doing, we implement a procedure that allows us to control not only for the standard transmission bias identified in firm-level TFP regressions but also for...
Persistent link: https://www.econbiz.de/10005789031
and variable markups using firm-level data and aggregate trade figures on a panel of 11 EU countries. We find that EU …
Persistent link: https://www.econbiz.de/10005791456
correlated learning may render it optimal to enter markets sequentially – an investment in market A is only followed by entry in …
Persistent link: https://www.econbiz.de/10009246612
What is the impact of low-wage countries' competition on the quality of high-wage countries' exports? To answer this question, we develop a new method that uses firm-level data to measure quality changes in sectoral exports. Over 1995-2005, we measure a 11% increase in the mean quality of...
Persistent link: https://www.econbiz.de/10008854523
Business services firms are increasingly under pressure from foreign competition. We develop an oligopolistic competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services sector. We assume that firms are heterogeneous in their...
Persistent link: https://www.econbiz.de/10008692315
This paper assesses how structural transformation is affected by sectoral differences in labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services on postwar US...
Persistent link: https://www.econbiz.de/10011084211
‘gravity’ model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. My results …
Persistent link: https://www.econbiz.de/10005504751
I search for a 'scale' effect in countries. I use a panel data set that includes 200 countries over forty years and …
Persistent link: https://www.econbiz.de/10005498014