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A Global View of Cross-Border Migration
di Giovanni, Julian; Levchenko, Andrei A.; Ortega, Francesc - National Bureau of Economic Research (NBER) - 2014
This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model of the world economy calibrated to aggregate and firm-level data. Our framework features cross-country labor productivity differences, international trade, remittances, and a...
Persistent link: https://www.econbiz.de/10011196339
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A Quantitative Analysis of Subsidy Competition in the U.S.
Ossa, Ralph - National Bureau of Economic Research (NBER) - 2015
What motivates regional governments to subsidize firm relocations and what are the implications of the subsidy competition among them? In this paper, I address these questions using a quantitative economic geography model which I calibrate to U.S. states. I show that states have strong...
Persistent link: https://www.econbiz.de/10011189111
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Agglomeration and the Price of Land: Evidence from the Prefectures
Dekle, Robert; Eaton, Jonathan - National Bureau of Economic Research (NBER) - 1994
We use Japanese prefectural wage and land price data to estimate the magnitude of agglomeration effects in … manufacturing and finance. We also examine the range of agglomeration effects by estimating the extent to which they diminish with … distance, using a specification that encompasses the polar cases of purely local agglomeration economies, on the one hand, and …
Persistent link: https://www.econbiz.de/10005774426
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Immigration, Investment and Real Wages
Krugman, Paul; Brezis, Elise S. - National Bureau of Economic Research (NBER) - 1993
When a country is the recipient of large-scale, politically motivated immigration -- as has been the case for Israel in recent years -- the initial impact is to reduce real wages. Over the longer term, however, the endogenous response of investment, together with increasing returns, may well...
Persistent link: https://www.econbiz.de/10005718426
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The Trade Creation Effect of Immigrants: Evidence from the Remarkable Case of Spain
Peri, Giovanni; Requena, Francisco - National Bureau of Economic Research (NBER) - 2009
There is abundant evidence that immigrant networks are associated with larger exports from the country where they settle to their countries of origin. The direction of causality of this association is less clearly established. Also, we do not know to what extent these increased exports are due...
Persistent link: https://www.econbiz.de/10008634668
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Market Penetration Costs and the New Consumers Margin in International Trade
Arkolakis, Costas - National Bureau of Economic Research (NBER) - 2008
I develop a new theory of marketing costs and introduce it into a model of trade with product differentiation and firm productivity heterogeneity. In this model, a firm enters a market if it makes profits by reaching a single consumer there and pays an increasing marginal cost to access...
Persistent link: https://www.econbiz.de/10005828418
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Globalization and Endogenous Firm Scope
Nocke, Volker; Yeaple, Stephen Ross - National Bureau of Economic Research (NBER) - 2006
We develop a theory of multiproduct firms to analyze the effects of globalization on the distributions of firm size, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms have lower values of Tobin%u2019s Q than small firms....
Persistent link: https://www.econbiz.de/10005828874
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An Anatomy of International Trade: Evidence from French Firms
Eaton, Jonathan; Kortum, Samuel; Kramarz, Francis - National Bureau of Economic Research (NBER) - 2008
We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities stand out: (1) the number of French firms selling to a market, relative to French market share, increases systematically with market size; (2) sales distributions are very similar...
Persistent link: https://www.econbiz.de/10005830348
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Investment in New Activities and the Welfare Cost of Uncertainty
Aizenman, Joshua - National Bureau of Economic Research (NBER) - 1995
Recent literature has highlighted the importance of new activities in development and growth. It was shown that trade distortions such as tariffs are associated with first-order costs stemming from the induced drop in the formation of new activities. This paper demonstrates that uncertainty may...
Persistent link: https://www.econbiz.de/10005830398
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Globalization and Multiproduct Firms
Nocke, Volker; Yeaple, Stephen Ross - National Bureau of Economic Research (NBER) - 2013
We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...
Persistent link: https://www.econbiz.de/10011201573