This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production …

of multinational firms' location and production decisions and the welfare implications of multinational production. The … costs of foreign investment are large. Second, I calibrate the model to data on trade and multinational production for … divert a sizable fraction of the production of EU multinationals from the US to Canada …

) bilateral exports to the United States. The patterns in the data are consistent with the theory. The mean and the variance of …

costs of changing production as well as substantial costs of being away from target inventory, the latter being a function … characteristics of the demand process. In the automobile industry, inventory behavior is destabilizing: the variance of production is …

-level production and input factor choices are affected by payroll taxes …

The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on … Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with … of input use. The equilibrium organization of production and the network structure of input-output linkages arise …

undermined nutrition by displacing local food production. Consistent with this hypothesis, a difference-in-differences estimation … shows that after the arrival of the boll weevil, food production in affected counties rose while cotton production and …

smaller production and losses of workers. On the demand side, global buyers were not able to shift sourcing to Kenyan …

production. At the same time United States experienced a "transportation revolution", a key component of which was the building …