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Theories of heterogeneous firms and trade
Redding, Stephen - London School of Economics (LSE) - 2010
This paper reviews the recent theoretical literature on heterogeneous firms and trade, whichemphasizes firm selection into international markets and reallocations of resources acrossfirms. We discuss the empirical challenges that motivated this research and its relationship totraditional trade...
Persistent link: https://www.econbiz.de/10010745763
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Inequality and unemployment in a global economy
Helpman, Elhanan; Itshoki, Oleg; Redding, Stephen - London School of Economics (LSE) - 2009
inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …
Persistent link: https://www.econbiz.de/10010884563
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Evolution of locations, specialisation and factor returns with two distinct waves of globalisation
Thia, Jang Ping - London School of Economics (LSE) - 2008
This paper presents an economic geography model with two differentiated sectors that exhibit weaker inter and stronger intra-industry input-output linkages. Labour is also differentiated according to skills in a hierarchy of tasks they can perform. Globalisation occurs in two distinct phases,...
Persistent link: https://www.econbiz.de/10010928749
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Landing the first job: the value of intermediaries in online hiring
Stanton, Christopher; Thomas, Catherine - London School of Economics (LSE) - 2012
Online marketplaces for remote labor services allow workers and firms to contract with each other directly. Despite this, a large fraction of the workforce is affiliated with small, autonomous intermediary organizations that are widespread within these markets. This paper shows that...
Persistent link: https://www.econbiz.de/10011126476
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Landing the first job: the value of intermediaries in online hiring
Stanton, Christopher; Thomas, Catherine - London School of Economics (LSE) - 2014
Online markets for remote labor services allow workers and firms to contract with each other directly. Despite this, intermediaries - called outsourcing agencies - have emerged in these markets. This paper shows that agencies signal to employers that inexperienced workers are high quality....
Persistent link: https://www.econbiz.de/10011126576
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Strengthening economic linkages between Leeds and Manchester: feasibility and implications (structural model appendix)
Mion, Giordano - London School of Economics (LSE) - 2009
This technical Appendix describes the structural model used as part of the Spatial Eco- nomic Research Centre's work for the Northern Way on linkages between the Manchester and Leeds City Regions. A summary of the research, as well as a full report of the findings, can be found on the web-sites...
Persistent link: https://www.econbiz.de/10010745058
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China's pure exporter subsidies
Defever, Fabrice; Riaño, Alejandro - London School of Economics (LSE) - 2012
instrument is worse from a welfare standpoint than a standard export subsidy, partly because it increases protection of the …
Persistent link: https://www.econbiz.de/10011071150
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Multi-product firms and trade liberalization
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2006
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a combination of firm-level “ability” and firmproduct- level “expertise”, both of which are stochastic and...
Persistent link: https://www.econbiz.de/10011071511
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Offshoring: general equilibrium effects on wages, production and trade
Baldwin, Richard E.; Robert-Nicoud, Frédéric - London School of Economics (LSE) - 2007
A simple model of offshoring is used to integrate the complex gallery of results that exist in the theoretical … offshoring/fragmentation literature. The paper depicts offshoring as ‘shadow migration’ and shows that this allows … conditions are provided). We show that offshoring requires modification of the four HO theorems, so econometricians who ignore …
Persistent link: https://www.econbiz.de/10010744894
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Factor price equality and the economies of the United States
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (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/10010745203