Showing 1 - 10 of 144
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10005823000
countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied … played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010723562
and innovation, trying to map – using the taxonomies put forward by the innovation literature – the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international … technological transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of …
Persistent link: https://www.econbiz.de/10010884188
In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in difference estimates as well as with estimates obtained using...
Persistent link: https://www.econbiz.de/10010884250
An analytically solvable model of new economic geography is developed. Acquisition of skills is costly for workers but it allows them to earn wages that are larger than those of the unskilled. Moreover, skills acquisition can be subsidized by a regional government. For large transport costs,...
Persistent link: https://www.econbiz.de/10005762199
There are large spatial disparities in unemployment durations across the 1,300 municipalities in the Ile-de-France region (Paris Greater Area). In order to characterize these imbalances, we estimate a proportional hazard model stratified by municipality on an exhaustive dataset of all...
Persistent link: https://www.econbiz.de/10005703274
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a “black box” agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess...
Persistent link: https://www.econbiz.de/10005822201
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10005822959
Tax competition for a mobile factor is different in 'new economic geography settings' compared to standard tax competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax differential between the core and the periphery can be...
Persistent link: https://www.econbiz.de/10005763719
This paper aims to test several hypotheses on the determinants of the quality of trade in cross-country regressions, taking a sample of trade competitors in EU markets. The hypotheses are those underlying two models of VIIT: the so-called neo-H-O model based on factor endowment and an "economic...
Persistent link: https://www.econbiz.de/10005763765