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We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...
Persistent link: https://www.econbiz.de/10014437008
> equates to a 0.5%, 0.6%, and 0.8% yield increase for corn, soybeans, and wheat, respectively. Viewed retrospectively, 10%, 30 …%, and 40% of each crop's yield improvements since 1940 are attributable to rising CO<sub>2</sub> …
Persistent link: https://www.econbiz.de/10012659998
-ecological niches, leaving potential yield gains on the table and farmers in these areas less productive and poorer than they need be …
Persistent link: https://www.econbiz.de/10012481184
airborne sulfate levels and yields for corn and soybean. We estimate crop revenue losses for these two crops around $1 …
Persistent link: https://www.econbiz.de/10012496145
how recent drought exposure, drought risk, and other climatic features have influenced adoption of DT corn--a water … risk--rather than short-run drought exposure in recent prior years--led to increased adoption of DT corn varieties in 2016 …. Farmers are more likely to plant DT corn on highly erodible land and less likely to irrigate such varieties, consistent with …
Persistent link: https://www.econbiz.de/10013334340
We use data from a sample of day care centers to estimate the relationships between cost and the quality of the child care service provided, and between revenue and quality. We use a measure of child care quality derived from an instrument designed by developmental psychologists. This measure of...
Persistent link: https://www.econbiz.de/10012471564
Young firms' contribution to aggregate employment has been underwhelming. However, a similar trend is not apparent in their contribution to aggregate sales or aggregate stock market capitalization. We study the implications of the arrival of "low marginal - high average" revenue-product-of-labor...
Persistent link: https://www.econbiz.de/10012660092
cuts do not pay for themselves, and that a 5 percentage point rate increase would yield $18 to $30 billion in annual … federal tax revenue. Our long-run estimates yield revenue-maximizing capital gains tax rates of 38 to 47 percent …
Persistent link: https://www.econbiz.de/10012481253
We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random times. By foregoing investment in a current idea, society as a whole preserves an option to invest in a better idea for the same market niche, but with delay. Because successive...
Persistent link: https://www.econbiz.de/10012463708
In 1994 the state of Michigan implemented one of the most comprehensive school finance reforms undertaken to date in any of the states. Understanding the effects of the reform is thus of value in informing other potential reform initiatives. In addition, the reform and associated changes in the...
Persistent link: https://www.econbiz.de/10012465122