Showing 1 - 10 of 24
welfare loss imposed by piracy. Our intermediate estimate suggests that the creation of $120 million of revenue for pirates in … the Somalia area led to a welfare loss of over $1.5 billion. …
Persistent link: https://www.econbiz.de/10010851334
The 1870-1913 period marked the birth of the first era of trade globalization. How did this tremendous increase in trade affect economic development? This work isolates a causality channel by exploiting the fact that the steamship produced an asymmetric change in trade distances among countries....
Persistent link: https://www.econbiz.de/10010851482
We study how firm and foreign market characteristics affect the geographic distribution of exporterssales. To this purpose, we use export intensities (the ratio of exports to sales) across destinations as our key measures of firmsrelative involvement in heterogeneous foreign markets. In a...
Persistent link: https://www.econbiz.de/10010547188
This paper studies the effects of service offshoring on the level and skill composition of domestic employment, using a rich data set of Italian firms and propensity score matching techniques. The results show that service offshoring has no effect on the level of employment but changes its...
Persistent link: https://www.econbiz.de/10010547271
This paper empirically studies the effects of service offshoring on white-collar employment, using data for more than one hundred U.S. occupations. A model of firm behavior based on separability allows to derive the labor demand elasticity with respect to service offshoring for each occupation....
Persistent link: https://www.econbiz.de/10010547288
insurance is optimal. We show that large volumes of trade may result in welfare losses if the terms of trade externality is …
Persistent link: https://www.econbiz.de/10010547395
We find that over the period 1950-1990, US states absorbed increases in the supply of schooling due to tighter compulsory schooling and child labor laws mostly through within-industry increases in the schooling intensity of production. Shifts in the industry composition towards more...
Persistent link: https://www.econbiz.de/10010547510
This paper analyses the effect of unmet formal care needs on informal caregiving hours in Spain using the two waves of the Informal Support Survey (1994, 2004). Testing for double sample selection from formal care receipt and the emergence of unmet needs provides evidence that the omission of...
Persistent link: https://www.econbiz.de/10010851406
We study how conflict in a contest game is influenced by rival parties being groups and by group members being able to punish each other. Our main motivation stems from the analysis of socio-political conflict. The relevant theoretical prediction in our setting is that conflict expenditures are...
Persistent link: https://www.econbiz.de/10010851463
We report results from a randomized policy experiment designed to test whether increased audit risk deters rent extraction in local public procurement and service delivery in Brazil. Our estimates suggest that temporarily increasing annual audit risk by about 20 percentage points reduced the...
Persistent link: https://www.econbiz.de/10010950611