Showing 1 - 10 of 105
markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10010745182
There is a substantial empirical literature quantifying the positive relationship between city size and productivity …. The paper draws out the implications of this productivity relationship for evaluations of urban transport improvements. A … theoretical model is developed and used to derive a wider cost-benefit measure that includes productivity effects. The order of …
Persistent link: https://www.econbiz.de/10010745008
This paper develops a model of trade that features heterogeneous firms, technology choice and different types of skilled labor in a general equilibrium framework. Its main contribution is to explain the impact of trade integration on technology adoption and wage inequalities. It also provides...
Persistent link: https://www.econbiz.de/10010744963
. Consequently, trade does not always increase firm-level aggregate productivity as negative shocks on the home market can be …
Persistent link: https://www.econbiz.de/10010745558
neoclassical theories, the results show that even a small difference in the ex-ante productivity distribution between North and …
Persistent link: https://www.econbiz.de/10010746716
How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm …
Persistent link: https://www.econbiz.de/10011125894
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10011125980
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms learn from incumbent … technology distribution. By shifting the productivity distribution upwards, selection on productivity causes technology diffusion … and this complementarity generates endogenous growth without scale effects. On the balanced growth path, the productivity …
Persistent link: https://www.econbiz.de/10011126735
elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada …-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and … productivity. Given the estimated parameter values, we first decompose border effects into a pure border effect, relative and …
Persistent link: https://www.econbiz.de/10011071191
that skyscrapers are caused by agglomeration economies and a prize for being the tallest, so a reputation effect. We aim to … sum of a within-building agglomeration effect and a reputation effect. Using semiparametric techniques, we disentangle … reputation effects from agglomeration effects and demonstrate that the reputation effect is substantial for tall buildings. For …
Persistent link: https://www.econbiz.de/10011126103