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I present a general equilibrium model of delocation where firms move from the North to the South to benefit from low wages. As suggested by the large empirical litterature, welfare in the North increases when the host country is not technologically too lagged. Moreover, I show that vertical...
Persistent link: https://www.econbiz.de/10010746935
In this paper, we provide a general model discussing the impact of non-homothetic preferences on the vertical comparative advantage of countries, i.e. the existence of demand-based determinants of the quality content of production and exports. We show that while average income positively impacts...
Persistent link: https://www.econbiz.de/10010586173
This paper introduces multi-quality firms within a Schumpeterian framework. Featuring non-homothetic preferences and income disparities in an otherwise standard quality-ladder model, I indeed show that the resulting differences in the willingness to pay for quality among consumers generate both...
Persistent link: https://www.econbiz.de/10010617991
This paper develops a model in which the presence of a multinational leads to a technology transfer to its local suppliers and also modifies the degree of backward linkages in the local economy. First, we identify the domestic market characteristics under which the multinationals increase the...
Persistent link: https://www.econbiz.de/10010931019
We study whether restrictions concerning the mode of implantation of multinational firms (MNCs) are desirable for a developing country in terms of its technology acquisition strategy. More precisely, we aim at determining under which conditions domestic equity ownership constraints imposed on...
Persistent link: https://www.econbiz.de/10011048797
This paper develops a theory of optimal fertility behavior under mortality shocks. In a 3- periods OLG model, young adults determine their optimal fertility, labor supply and life-cycle consumption with both exogenous child and adult mortality risks. For fixed prices (real wages and interest...
Persistent link: https://www.econbiz.de/10005065478
Persistent link: https://www.econbiz.de/10008531563
In this paper, we provide a general model discussing the impact of non-homothetic preferences on the vertical comparative advantage of countries, i.e. the existence of demand-based determinants of the quality content of production and exports. We show that while average income positively impacts...
Persistent link: https://www.econbiz.de/10010610478
Persistent link: https://www.econbiz.de/10010675064
Persistent link: https://www.econbiz.de/10010703698