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consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … technology potentials, market sizes, trade openness and various business conditions as well as the international repercussions …
Persistent link: https://www.econbiz.de/10013118266
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10013155605
call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10013119734
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10013134812
This paper develops a new method for estimating production-function parameters that can be applied in differentiated-product industries with endogenous quality and variety choice. We take advantage of data on physical quantities of outputs and inputs from the Colombian manufacturing survey,...
Persistent link: https://www.econbiz.de/10013251551
Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work for specific firms. Likewise, firms supply...
Persistent link: https://www.econbiz.de/10013139040
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10013148078
This paper considers a labour market model of monopsonistic competition with taste-based discrimination against minority workers to study the effect of equal pay legislation on labour market inequality. When the taste for discrimination is small or competition is weak, the policy removes job...
Persistent link: https://www.econbiz.de/10012779054
In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination … and that the labour market in high technology sectors is more flexible than in low technology sectors. We use this index … in the estimation of an employment regression, focusing on the effect of exchange rate movements. Our estimates indicate …
Persistent link: https://www.econbiz.de/10013136773
trend (purely external non-economic) as well as other exogenous (external economic) factors (technology shifters). We define … technology index based on the external economic factors which are indicators of technology. Thus our definition of production … function is amended to accommodate several technology shifters which are not separable from the traditional inputs. That is …
Persistent link: https://www.econbiz.de/10013147134