Showing 1 - 10 of 64
We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry (“narrow … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way …
Persistent link: https://www.econbiz.de/10005181530
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U …
Persistent link: https://www.econbiz.de/10010734330
Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships … in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs …. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance …
Persistent link: https://www.econbiz.de/10009325809
OECD countries vis-à-vis 69 exporters. Competition in services affects the volume of goods trade while the market structure … competition apparently matters most for exporters in smaller, poorer countries. By ignoring the structure of the domestic services …
Persistent link: https://www.econbiz.de/10005181406
We use unique plant-level data to study the link between the local availability of services and the decision of … manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of … international sourcing of materials depends on a firm’s productivity and the availability of local services. These predictions are …
Persistent link: https://www.econbiz.de/10008583654
Using recent advances in panel data estimation techniques, we find that an appreciation of the US dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be much larger than the impact of a shift in the...
Persistent link: https://www.econbiz.de/10010877652
We examine how donor government ideology influences the composition of foreign aid flows. We use data for 23 OECD countries over the period 1960-2009 and distinguish between multilateral and bilateral aid, grants and loans, recipient characteristics such as income and political institutions,...
Persistent link: https://www.econbiz.de/10010877746
We study the effect of international trade and freeness of trade (openness) on interregional inequality within countries. We estimate a model derived from a structural economic-geography approach in which interregional inequality depends on weighted trade shares and trade costs. In addition to...
Persistent link: https://www.econbiz.de/10010877821
This paper estimates the effects of the EU enlargements in the 2000s for trade in parts and components and trade in final goods separately. A gravity model is applied to disaggregated trade data over the period 1999-2009 for trade between EU and OECD countries. The estimation approach accounts...
Persistent link: https://www.econbiz.de/10010877956
We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract enforcement (depending on the quality of governance) and the degree of market...
Persistent link: https://www.econbiz.de/10010948811