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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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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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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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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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Trade Theory with Numbers: Quantifying the Consequences of Globalization
Rodriguez-Clare, Andres; Costinot, Arnaud - National Bureau of Economic Research (NBER) - 2013
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...
Persistent link: https://www.econbiz.de/10010969334
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New Trade Models, New Welfare Implications
Melitz, Marc J.; Redding, Stephen James - National Bureau of Economic Research (NBER) - 2013
We show that endogenous firm selection provides a new welfare margin for heterogeneous firm models of trade (relative to homogeneous firm models). Under some parameter restrictions, the trade elasticity is constant and is a sufficient statistic for welfare, along with the domestic trade share....
Persistent link: https://www.econbiz.de/10011262795
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A Customs Union with Multinational Firms: The Automobile Market in Argentina and Brazil
Brambilla, Irene - National Bureau of Economic Research (NBER) - 2005
This paper looks empirically into the behavior of multinational firms in international oligopolistic markets with trade balance constraints. I show how a particular form of non-tariff barrier applied at the firm level can lead to an increase in trade flows in the presence of intra-firm strategic...
Persistent link: https://www.econbiz.de/10005084577
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International Welfare and Employment Linkages Arising from Minimum Wages
Egger, Hartmut; Egger, Peter H.; Markusen, James R. - National Bureau of Economic Research (NBER) - 2009
We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade...
Persistent link: https://www.econbiz.de/10005087447
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Neckties in the Tropics: A Model of International Trade and Cultural Diversity
Trindade, Vitor; Rauch, James E. - National Bureau of Economic Research (NBER) - 2005
Some cultural goods, like clothes and films, are consumed socially and are thus characterized by the same consumption network externalities as languages. At the same time, producers of new cultural goods in any one country draw on the stock of ideas generated by previous cultural production in...
Persistent link: https://www.econbiz.de/10005087495