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Relative Wage Variation and Industry Location
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - Centre for Economic Performance, LSE - 2004
Relative wages vary considerably across regions of the United Kingdom, with skill-abundantregions exhibiting lower skill premia than skill-scarce regions. This paper shows that thelocation of economic activity is correlated with the variation in relative wages. U.K. regionswith low skill premia...
Persistent link: https://www.econbiz.de/10005796141
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A Many-Country Model of Industrialization
Breinlich, Holger; Cuñat, Alejandro - Centre for Economic Performance, LSE - 2011
the ratio of agricultural to manufacturing productivity and shares of manufacturing in GDP. This paper provides a …
Persistent link: https://www.econbiz.de/10009323008
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External Integration, Structural Transformation and Economic Development: Evidence From Argentina
Fajgelbaum, Pablo; Redding, Stephen J. - Centre for Economic Performance, LSE - 2014
This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...
Persistent link: https://www.econbiz.de/10010779586
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Survival of the Best Fit: Exposure to Low-Wage Countries and the (Uneven) Growth of U.S. Manufacturing Plants
Bernard, Andrew B.; Jensen, J. Bradford; Schott, Peter K. - Centre for Economic Performance, LSE - 2003
This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by the Heckscher-Ohlin model, which focuses on where imports...
Persistent link: https://www.econbiz.de/10005796125
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Factor Endowments and Production in European Regions
Redding, Stephen; Vera-Martin, Mercedes - Centre for Economic Performance, LSE - 2001
This paper analyses patterns of production across 14 industries in 45 regions from 7 European countries since 1975. We estimate a structural equation derived directly from Heckscher-Ohlin theory that relates an industry's share of a region's GDP to factor endowments and relative prices. Factor...
Persistent link: https://www.econbiz.de/10005016841
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Endowments, Market Potential, and Industrial Location: Evidence from Interwar Poland (1918-1939)
Wolf, Nikolaus - Centre for Economic Performance, LSE - 2004
The paper explores the determinants of industry location across interwar Poland. After more than 120 years ofpolitical and economic separation, Poland was reunified at the end of 1918. In consequence, its industry facedmassive structural changes: the removal of internal tariff barriers and...
Persistent link: https://www.econbiz.de/10005670400
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Factor Price Equality and the Economies of the United States
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - Centre for Economic Performance, LSE - 2005
We develop a methodology for identifying departures from relative factor price equality across regions that is valid under general assumptions about production, markets and factors. Application of this methodology to the United States reveals substantial and increasing deviations in relative...
Persistent link: https://www.econbiz.de/10005670455
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Factor Price Equalization in the UK?
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - Centre for Economic Performance, LSE - 2002
This paper develops a general test of factor price equalization that is robust to unobserved regional productivity …
Persistent link: https://www.econbiz.de/10005017180
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Missing Gains from Trade?
Melitz, Marc J.; Redding, Stephen J. - Centre for Economic Performance, LSE - 2014
that this quantitative approach typically abstracts from: trade-induced changes in domestic productivity. Using a model of … sequential production, in which trade induces a reorganization of production that raises domestic productivity, we show that the …
Persistent link: https://www.econbiz.de/10010733691
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Productivity As If Space Mattered: An Application to Factor Markets Across China
Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - Centre for Economic Performance, LSE - 2012
markets explain both productivity differences and firm density. Estimating structural model parameters is simple and relies on …, while the second incorporates regional costs into production function estimation. The method is applied to Chinese … model, we find that labor markets which provide cost advantages explain substantial differences in firm productivity …
Persistent link: https://www.econbiz.de/10010598185