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The analysis of the effects of firm-level international trade on wages has so far focused on the role of exports, which are also typically treated as a composite good. However, we show in this paper that firm-level imports can actually be a wage determinant as important as exports. Furthermore,...
Persistent link: https://www.econbiz.de/10010275836
both imports and exports, and iii) examine the impact of imports according to the country of origin. Looking at the export … also show that import penetration has a significant and negative impact on industry wage differentials whatever the country …
Persistent link: https://www.econbiz.de/10010278541
import as well as the export activity of the firm. These two innovations allow us to avoid large biases that characterized … recent theories that aim at explaining participation both in export and import markets and at including non …
Persistent link: https://www.econbiz.de/10010280654
import as well as the export activity of the firm. These two innovations allow us to avoid large biases that characterized … recent theories that aim at explaining participation both in export and import markets and at including non …
Persistent link: https://www.econbiz.de/10009325442
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …
Persistent link: https://www.econbiz.de/10010271260
regions specialized in import-competing industries, both in manufacturing and beyond. Regions specialized in export …-regional variation in initial industry structures and use trade flows of other high-income countries as instruments for regional import … and export exposure. We find that the rise of the East in the world economy caused substantial job losses in German …
Persistent link: https://www.econbiz.de/10010283967
This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We propose an explanation of the stylized facts which is based on interactions between openness and technological change because of labor market institutions and government...
Persistent link: https://www.econbiz.de/10010262449
This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on increased skill wage premium and supply of skills in transition economies. It examines whether similar skill?favoring shifts in the Russian and U.S. economies are driven by the...
Persistent link: https://www.econbiz.de/10010261607
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010265548