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This study examines the relationship between Japan's manufactured exports to individual markets and the economic … in the context of a typical gravity model explaining the cross-country variation of Japan's manufacturing exports. Second … analyzes the relation of changes in Japanese exports to levels of and changes in employment in Japanese and U.S. MNC affiliates …
Persistent link: https://www.econbiz.de/10012470135
The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal analysis of the effect of surging import competition on...
Persistent link: https://www.econbiz.de/10012455801
We build up from the plant level an "aggregate(d)" Solow residual by estimating every U.S. manufacturing plant's contribution to the change in aggregate final demand between 1976 and 1996. Our framework uses the Petrin and Levinsohn (2010) definition of aggregate productivity growth, which...
Persistent link: https://www.econbiz.de/10012461957
This paper examines the relationship between the structure of banking markets and economic growth using a new dataset on manufacturing industry-level growth rates and banking market concentration for U.S. states during 1899-1929--a period when the manufacturing sector was expanding rapidly and...
Persistent link: https://www.econbiz.de/10012462942
We document the role of intangible capital in manufacturing firms' substantial contribution to non-manufacturing employment growth from 1977-2019. Exploiting data on firms' "auxiliary" establishments, we develop a novel measure of proprietary in-house knowledge and show that it is associated...
Persistent link: https://www.econbiz.de/10013334346
One of the main purposes of our studies of U.S.-based multinational firms has been to examine the relationship between direct investment by U.S. firms and the export trade of the United States, a subject of bitter controversy for at least the last fifteen years. Changes over time in trade flows...
Persistent link: https://www.econbiz.de/10012478996
could well have accounted for around one-half of the spectacular increase in Spanish goods exports (the so-called 'Spanish …
Persistent link: https://www.econbiz.de/10012481020
The fact that large manufacturing plants export relatively more than small plants has been at the foundation of much work in the international trade literature. We examine this fact using Census micro data on plant shipments from the Commodity Flow Survey. We show the fact is not entirely an...
Persistent link: https://www.econbiz.de/10012462606
high-skilled workers represents up to one third of their overall skill premium. But, while an increase in exports increases …
Persistent link: https://www.econbiz.de/10012462668
A positive correlation between productivity and export market participation has been well documented in producer micro data. Recent empirical studies and theoretical analyses have emphasized that this may reflect the producer's other investment activities, particularly investments in R&D or new...
Persistent link: https://www.econbiz.de/10012463977