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This paper documents how US firms organize goods production across firm and country boundaries. Most US firms that perform physical transformation tasks in-house using foreign manufacturing plants in 2007 also own US manufacturing plants; moreover manufacturing comprises their main domestic...
Persistent link: https://www.econbiz.de/10014322707
and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation … of industry-specific human capital can be costly for workers in highly trade-exposed industries. By contrast, we find no … evidence of any interaction between risk, industry trade exposure, and occupation-specific human capital …
Persistent link: https://www.econbiz.de/10012794639
We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...
Persistent link: https://www.econbiz.de/10014437008
document limited labor specialization within the firm for establishments of all sizes and argue that this is likely due to the … with our data, and find large barriers to labor specialization. This setting is close, in terms of aggregate productivity …
Persistent link: https://www.econbiz.de/10014372497
This paper proposes that strong financial, judicial, and labor market institutions provide comparative advantage in … exports in clean industries, even conditional on environmental regulation and factor endowments. Third, an industry …
Persistent link: https://www.econbiz.de/10014421193
national minimum wage, we construct external instruments for materials and labor choices. We implement a simple two …-step instrumental-variables method, first estimating a difference equation to recover the materials and labor coefficients and then …
Persistent link: https://www.econbiz.de/10012482541
the labor force employed in agriculture and declining productivity in modern sectors such as manufacturing. To shed light …
Persistent link: https://www.econbiz.de/10012482562
The US has been a global leader in regulating local air pollution and a global laggard in regulating greenhouse gases (GHGs). For decades, critics of US policy have expressed fears that stringent US regulations on local air pollution would lead to pollution havens overseas. Prior research,...
Persistent link: https://www.econbiz.de/10012482590
In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many firms this advantage remains elusive....
Persistent link: https://www.econbiz.de/10012696370
We assess whether and why trade competition partly explains the sharp decline in U.S. workers' attempts to organize … labor unions in recent decades. We find that between 1990-2007, import competition due to the "China Shock" lowered union … indirectly exposed through its effect on their local labor market. Consistent with a simple model of workers' decision to seek …
Persistent link: https://www.econbiz.de/10012696373