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We empirically analyze the welfare effects of cross-firm bundling in the pharmaceutical industry. Physicians often treat patients with "cocktail" regimens that combine two or more drugs. Firms cannot price discriminate because each drug is produced by a different firm and a physician creates the...
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A new interest in the role of services in world transactions has been generated by the current efforts of the U. S …. Government to reduce barriers to international trade in services.The paper distinguishes four different classifications of … economic activities between services and corrmodities. Service industries -- those producing non-storable outputs -- have been …
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have made it possible to trade in some business and computing services that were previously considered non-tradable. This …
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I provide new empirical evidence on the direct and indirect impact of services offshoring on local employment and wages …, using a unique dataset on firms in the UK for the period 2000-2015. Exploiting variation in firms' services offshoring … across labour markets, I show positive aggregate local labour employment and wage elasticity to services offshoring …
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by using a novel dataset from the Services Survey of the Brazilian Institute of Economics from the Getulio Vargas …
Persistent link: https://www.econbiz.de/10012061481
This paper examines the effects that purchased services and imported intermediate materials have on the labour demand … between labour and non-labour inputs. Similarly, the increasing use of both imported materials and purchased services is …
Persistent link: https://www.econbiz.de/10013428348