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Effort, Wages and the International Division of Labor

Leamer, Edward E. - 1996

This paper embeds variable effort into a traditional multi-sector model. Effort enters a production function like total-factor-productivity and on the assumption that effort doesn't affect capital depreciation, the capital-cost savings from high effort operations are passed on to workers. The...

Persistent link: https://www.econbiz.de/10012473030

Global Production Sharing and Rising Inequality : A Survey of Trade and Wages

Feenstra, Robert - 2001

We argue that trade in intermediate inputs, or 'global production sharing,' is a potentially important explanation for the increase in the wage gap between skilled and unskilled workers in the U.S. and elsewhere. Using a simple model of heterogeneous activities within an industry, we show that...

Persistent link: https://www.econbiz.de/10012470348

Gravity, Productivity and the Pattern of Production and Trade

Anderson, James E. - 2009

The effects of geography and productivity on the global pattern of production are captured here in a specific factors gravity model. Simple enough for sharp results, the model is yet rich enough to contain the high dimensional productivity frictions in production and distribution of a many...

Persistent link: https://www.econbiz.de/10012464007

Trade, Production Sharing, and the International Transmission of Business Cycles

Burstein, Ariel - 2008

Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...

Persistent link: https://www.econbiz.de/10012464916

Offshoring in a Ricardian World

Rodríguez-Clare, Andrés - 2007

Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Popular discussions about the aggregate impact of this phenomenon on rich countries have stressed...

Persistent link: https://www.econbiz.de/10012465450

A Multi-Country Approach to Factor-Proportions Trade and Trade Costs

Markusen, James R. - 2005

Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns)...

Persistent link: https://www.econbiz.de/10012467636

An Alternative Interpretation of the 'Resource Curse' : Theory and Policy Implications

Hausmann, Ricardo - 2003

The existence of a natural resource curse has been a longstanding theme in the economic literature and in policy discussions. We propose an alternative mechanism and study its policy implications. The mechanism is based on the interaction between two building blocks: specialization in...

Persistent link: https://www.econbiz.de/10012469279

Estimating the Knowledge-Capital Model of the Multinational Enterprise : Comment

Blonigen, Bruce A. - 2002

A recent American Economic Review article by David L. Carr, James R. Markusen, and Keith E. Maskus (CMM) estimates a regression specification based upon the 'knowledge-capital' model of the Multinational Enterprise (MNE). The knowledge-capital model combines 'horizontal' motivations for FDI --...

Persistent link: https://www.econbiz.de/10012469785

Openness, Specialization, and Productivity Growth in Less Developed Countries

Weinhold, Diana - 1997

Many empirical studies have found a positive relationship between openness and growth in per capita GDP in less developed countries, and economists have produced many explanations for this correlation. However, the existing studies are consistent with all of these theories and thus do not...

Persistent link: https://www.econbiz.de/10012472682

Technology, Factor Supplies and International Specialization : Estimating the Neoclassical Model

Harrigan, James - 1996

The standard neoclassical model of trade theory predicts that international specialization will be jointly determined … by cross-country differences in relative factor endowments and relative technology levels. This paper uses duality theory …-neutral technology differences are measured using an application of the theory of total factor productivity comparisons, and factor …

Persistent link: https://www.econbiz.de/10012473116

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