Showing 1 - 10 of 58
Persistent link: https://www.econbiz.de/10015069774
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
Persistent link: https://www.econbiz.de/10012463521
Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the volume of intrafirm trade. In a panel of industries, the share of intrafirm imports in total U.S. imports is significantly higher, the higher the capital intensity of the exporting...
Persistent link: https://www.econbiz.de/10012468958
We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are constrained in the nature of the contracts they can write with suppliers or employees. Our main...
Persistent link: https://www.econbiz.de/10012469300
We argue here for a broader view of the biases in managers' decisions: In general, managerial rent-seeking affects not only the level of investment, but also the form. Our basic hypothesis is simple: given the now well-established scope for managerial discretion, managers have an incentive to...
Persistent link: https://www.econbiz.de/10012474825
deforestation, pollution, and carbon intensities. Per capita emissions follow a $J$-curve. Specifically, poverty reduction occurs …
Persistent link: https://www.econbiz.de/10012891714
This paper surveys the recent literature exploring the causes of urban pollution in the developing world and the … implications of such pollution for a city's competitiveness. Within a system of cities, cities compete for jobs and people. Those … pollution inhibit urban competitiveness? Second, why is this effect likely to grow in importance over time? Third, why have …
Persistent link: https://www.econbiz.de/10012892687
Climate change damage (or, more correctly, impact) functions relate variations in temperature (or other climate variables) to economic impacts in various dimensions, and are at the basis of quantitative modeling exercises for the assessment of climate change policies. This document provides a...
Persistent link: https://www.econbiz.de/10012968733
This paper analyzes environmental reliance, poverty, and climate vulnerability among more than 7,300 households in forest adjacent communities in 24 developing countries. The data are from the detailed, quarterly income recording done by the Poverty Environment Network project. Observed income...
Persistent link: https://www.econbiz.de/10012970680
Considerable progress has been made in our understanding of the relationship between international trade and the environment since Gene Grossman and Alan Krueger published their now seminal working paper examining the potential environmental effects of the North American Free Trade Agreement in...
Persistent link: https://www.econbiz.de/10013210048