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Does the emigration of skilled individuals necessarily result in losses for source countries due to the brain drain? Combining industry-level patenting and migration data from 32 European countries, we show that emigration in fact positively contributes to innovation in source countries. We use...
Persistent link: https://www.econbiz.de/10012892171
outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to …
Persistent link: https://www.econbiz.de/10014262950
the increased land-usage of ports, and ii) sizeable gains from cities’ endogenous specialization across port- and non-port … shipping – a relatively land-intensive technology –, we find an important role for this crowding-out effect. At the local level … containerization, our quantitative model featuring endogenous port development also implies i) sizeable welfare costs associated with …
Persistent link: https://www.econbiz.de/10013322013
This paper presents a new methodology to detect corruption in customs and applies it to Madagascar’s main port …
Persistent link: https://www.econbiz.de/10013309018
This paper analyses the role played by vertical linkages on the effects of trade liberalization on technology adoption and their consequences on average productivity and welfare in a trade model with heterogeneous firms. We find that the strength of vertical linkages shapes the effects that...
Persistent link: https://www.econbiz.de/10012861384
international and internal trade with port and road infrastructure to assess the relative importance of ports versus roads in … elasticity of route switching governs the relative gains from port vs road improvements. I find that returns of improving ports …What determines the relative gains from improving different parts of a transportation network? Ports and roads are key …
Persistent link: https://www.econbiz.de/10015096827
In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms' decision to abandon, prematurely stop, seriously slow down,...
Persistent link: https://www.econbiz.de/10010275869
The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we survey full-time workers who finished primary school in 27 countries as of mid 2021 and early 2022. Our cross-country comparisons control for age, gender, education, and industry and treat the U.S....
Persistent link: https://www.econbiz.de/10014076996
FX trade settlement data from CLS provides the most comprehensive view of the opaque market of OTC currency trades. We use the flows of investment funds and non-financial corporates and develop trading signals where the former reflects speculative strategies, while the latter trade for liquidity...
Persistent link: https://www.econbiz.de/10014077184
We study the welfare impact of rules of origin in free trade agreements where final-good producers source customized inputs from suppliers within the trading bloc. We employ a property-rights framework that features hold-up problems in suppliers’ decisions to invest, and where underinvestment...
Persistent link: https://www.econbiz.de/10014077185