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How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm-level import data from France to look into this question. We find support for three key predictions of property-rights theories of the multinational firm. Intrafirm imports are...
Persistent link: https://www.econbiz.de/10011125894
Using detailed product-level export data for China and a variant of the Antràs and Helpman (2004) model that includes investments in component search, we examine the sectoral determinants of foreign direct investment (FDI) versus foreign outsourcing in export processing trade. We exploit the...
Persistent link: https://www.econbiz.de/10011071204
We investigate the role of a firm’s total factor productivity in its decision to import from their affiliates rather than from independent input suppliers. We propose a slightly modified version of the Antràs and Helpman (2004) model. We assume higher fixed costs under outsourcing and a...
Persistent link: https://www.econbiz.de/10011071334
In earlier times economists used to view the world in terms of dual economic models. For Marx the Asiatic mode of production(1) was the concept which was the counterpart of the Western feudalism from which the capitalist regime and bourgeois society emerged: Weber regarded the Confucian...
Persistent link: https://www.econbiz.de/10011071364
This paper presents evidence on gender segregation in employment contracts in 15 EU countries, using micro data from …
Persistent link: https://www.econbiz.de/10010884580
This paper studies the dynamics of labour demand and the determinants of employment rates across the OECD. We find: (i …) labour demand adjusts less rapidly when employment protection is more strict and union density is higher; (ii) there is no … evidence that overall job turnover is influenced by employment protection; (iii) union density and coverage are negatively …
Persistent link: https://www.econbiz.de/10010884729
Market work per person of working age differs widely across the OECD countries and there have been some significant changes in the last forty years. How to explain this pattern? Taxes are part of the story but much remains to be explained. If we include all the elements of the social security...
Persistent link: https://www.econbiz.de/10010884748
Theoretical predictions of the effect of TFP growth on employment are ambiguous, and depend on the extent to which new … technology is embodied in new jobs. We estimate a model for employment, wages and investment with an annual panel for the United … States, Japan and Europe and find that TFP growth increases employment. For the United States TFP growth explains the trend …
Persistent link: https://www.econbiz.de/10010928604
Persistent link: https://www.econbiz.de/10005776286
Persistent link: https://www.econbiz.de/10005776301