Narrow search
Showing 1 - 10 of 109
Cover Image
Greasing the Wheels of International Commerce: How Services Facilitate Firms' International Sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - Institute for the Study of Labor (IZA) - 2010
We use unique plant-level data to study the link between the local availability of services and the decision of … international sourcing of materials depends on a firm’s productivity and the availability of local services. These predictions are … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …
Persistent link: https://www.econbiz.de/10008480922
Cover Image
Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry
Raff, Horst; Wagner, Joachim - Institute for the Study of Labor (IZA) - 2009
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...
Persistent link: https://www.econbiz.de/10008497005
Cover Image
On the Organizational Structure of Multinational Firms: Which Sourcing Mode for Which Input?
Suedekum, Jens; Nowak, Verena; Schwarz, Christian - Institute for the Study of Labor (IZA) - 2012
Recent studies indicate that firms often outsource standard and simple tasks, while keeping complex and important inputs inside their boundaries. This observation is difficult to reconcile with the property rights approach of the firm, which suggests that important components should be...
Persistent link: https://www.econbiz.de/10011279357
Cover Image
Global Sourcing of Complex Production Processes
Schwarz, Christian; Suedekum, Jens - Institute for the Study of Labor (IZA) - 2010
We develop a theory of a firm in an environment with incomplete contracts. The firm’s headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10008693834
Cover Image
How Deep Is Your Love? A Quantitative Spatial Analysis of the Transatlantic Trade Partnership
Krebs, Oliver; Pflüger, Michael P. - Institute for the Study of Labor (IZA) - 2015
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10011273183
Cover Image
Trade Liberalization and Labor-Demand Elasticities: Empirical Evidence from Tunisia
Haouas, Ilham; Yagoubi, Mahmoud - Institute for the Study of Labor (IZA) - 2004
This paper investigates the effects of trade liberalization on labor demand elasticities. Employment demand equation is estimated by using data (1971-1996) for manufacturing industries in Tunisia. Results from empirical testing using the model find a weak support for the idea assuming that trade...
Persistent link: https://www.econbiz.de/10005762362
Cover Image
Heterogeneous Firms, Trade, and Economic Policy: Insights from a Simple Two-Sector Model
Pflüger, Michael P.; Russek, Stephan - Institute for the Study of Labor (IZA) - 2011
The robust empirical finding that exporting firms are systematically different from firms that merely serve domestic consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The establishment of a canonical model due to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009369421
Cover Image
Globalization and Labor Market Outcomes: Wage Bargaining, Search Frictions, and Firm Heterogeneity
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - Institute for the Study of Labor (IZA) - 2008
We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....
Persistent link: https://www.econbiz.de/10005703196
Cover Image
Trade and Industrial Policies with Heterogeneous Firms: The Role of Country Asymmetries
Pflüger, Michael P.; Russek, Stephan - Institute for the Study of Labor (IZA) - 2010
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10008777139
Cover Image
Business Conditions and Default Risks across Countries
Pflüger, Michael P.; Russek, Stephan - Institute for the Study of Labor (IZA) - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10008854768