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Multi-product Firms and Product Turnover in the Developing World: Evidence from India
Goldberg, Pinelopi Koujianou; Khandelwal, Amit; … - C.E.P.R. Discussion Papers - 2008
detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent … churning - particularly product rationalization - is far less common in India. We thus find little evidence of "creative …
Persistent link: https://www.econbiz.de/10005123815
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Trade Adjustment and Human Capital Investments: Evidence from Indian Tariff Reform
Edmonds, Eric V; Pavcnik, Nina; Topalova, Petia - C.E.P.R. Discussion Papers - 2008
the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in … imply that roughly half of India's rise in schooling and a third of the fall in child labor during the 1990s can be …
Persistent link: https://www.econbiz.de/10005504597
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National Treatment in the GATT
Horn, Henrik - C.E.P.R. Discussion Papers - 2006
The National Treatment clause (NT) is the first-line defence in the GATT (and in most other trade agreements) against opportunistic exploitation of the inevitable incompleteness of the agreement. This paper examines the role of NT as it applies to internal taxation under the GATT. It is shown...
Persistent link: https://www.econbiz.de/10005661666
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Trade Agreements as Endogenously Incomplete Contracts
Horn, Henrik; Maggi, Giovanni; Staiger, Robert - C.E.P.R. Discussion Papers - 2007
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. In spite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this depends on the fundamentals of the...
Persistent link: https://www.econbiz.de/10005662007
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Competition, Complementarity and Contagion in East Asia
Diwan, Ishac; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1999
This paper explores to what extent the magnitude and speed of the contagion effects that materialized in East Asia in the second half of 1997 may have had "real" underpinnings, in the sense that the pattern of production, consumption and trade increased the vulnerability of East Asian countries...
Persistent link: https://www.econbiz.de/10005661909
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Strategic Complementarities and Optimal Monetary Policy
Levin, Andrew; López-Salido, J David; Yun, Tack - C.E.P.R. Discussion Papers - 2007
In this paper, we show that strategic complementarities--such as firm-specific factors or quasi-kinked demand--have crucial implications for the design of monetary policy and for the welfare costs of output and inflation variability. Recent research has mainly used log-linear approximations to...
Persistent link: https://www.econbiz.de/10005667102
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The 'Genome' of NEG Models with Vertical Linkages: A Positive and Normative Synthesis
Ottaviano, Gianmarco; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2004
This Paper takes a broader look at how vertical linkages can trigger the spatial agglomeration of economic activity in a ‘new economic geography’ (NEG) set-up. First, it formally establishes the key positive features of a wide class of vertical-linkage models without resorting to numerical...
Persistent link: https://www.econbiz.de/10005504527
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Trade Theory with Numbers: Quantifying the Consequences of Globalization
Costinot, Arnaud; Rodriguez-Clare, Andres - C.E.P.R. Discussion Papers - 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/10011084415
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The Impact of Trade on Organization and Productivity
Caliendo, Lorenzo; Rossi-Hansberg, Esteban - C.E.P.R. Discussion Papers - 2011
A firm's productivity depends on how production is organized given the level of demand for its product. To capture this mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce. Entrepreneurs decide the number of layers of management...
Persistent link: https://www.econbiz.de/10009246600
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Sequential Exporting
Albornoz-Crespo, Facundo; Calvo Pardo, Hector F.; … - C.E.P.R. Discussion Papers - 2010
Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other dynamic patterns of exporting firms. We posit that individual export...
Persistent link: https://www.econbiz.de/10008692316