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The growth of American governments in the twentieth century included large increases in funds for social insurance and public assistance. Social insurance has increased far more than public assistance, so "rise in the social insurance state" is a far better description of the century than "rise...
Persistent link: https://www.econbiz.de/10012481895
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …
Persistent link: https://www.econbiz.de/10012457086
approximates Harris' (1954) market-potential function. The estimation results show how far demand linkages extend across space and …
Persistent link: https://www.econbiz.de/10012472379
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
effects of the monetary policies of the US Federal Reserve, the European Central Bank and of the People's Bank of China on the …
Persistent link: https://www.econbiz.de/10012660005
1980s, and, despite China's accession to the World Trade Organization (WTO) in 2001, changed little throughout the late … the trade growth that followed China's WTO accession was a delayed response to previous reforms rather than a response to …
Persistent link: https://www.econbiz.de/10012616570
matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese … production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more …
Persistent link: https://www.econbiz.de/10012481098
. Outsourcing can be "contractual" in which suppliers undertake specific investments or involve "generic" market transactions …
Persistent link: https://www.econbiz.de/10012466786
effects of trade. We estimate the model using the structural relationship between China-shock driven changes in manufacturing … employment and average earnings across US groups defined by commuting zone and education. We find that the China shock increases …
Persistent link: https://www.econbiz.de/10012453974
since 1995. The paper draws on a variety of data sources but most heavily on the recent World Input-Output Database. China …
Persistent link: https://www.econbiz.de/10012459705