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Horses for Courses : Measuring Foreign Supply Chain Exposure

Baldwin, Richard E.; Freeman, Rebecca; … - National Bureau of Economic Research - 2022

Perceptions of global supply chains (GSCs) have shifted in recent years from a positive to a more cautious view. Standard GSC measures have mostly not adapted to this change as they focus on participation in, rather than exposure to, foreign supply chains. This paper presents the tools necessary...

Persistent link: https://www.econbiz.de/10013388881

The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

Caliendo, Lorenzo - 2014

We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes to the rest of the economy. Using regional and industry data we obtain the aggregate, regional and sectoral elasticities of measured TFP, GDP, and employment to regional and...

Persistent link: https://www.econbiz.de/10012458497

Williamson and Coase : Transaction Costs or Rent-Seeking in the Formation of Institutions

Libecap, Gary D. - National Bureau of Economic Research - 2024

The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...

Persistent link: https://www.econbiz.de/10014576632

American Agriculture, Water Resources, and Climate Change

Libecap, Gary D.; Dinar, Ariel - National Bureau of Economic Research - 2022

This paper highlights the role of agriculture in the American economy and society over time and points to farmer historical and contemporary responses to varying climatic conditions. It indicates the importance of water as an input to agricultural production and identifies possible impacts of...

Persistent link: https://www.econbiz.de/10013334507

Praying for Rain

Espín-Sánchez, José-Antonio; Gil-Guirado, Salvador; … - National Bureau of Economic Research - 2023

We study the climate as a determinant of religious belief. People believe in the divine when religious authorities (the "church") can credibly intervene in nature on their behalf. We present a model in which nature sets the pattern of rainfall over time and the church chooses when optimally to...

Persistent link: https://www.econbiz.de/10014322798

User Rights for Ocean Ecosystem Conservation

Libecap, Gary D. - National Bureau of Economic Research - 2024

Non-target marine fish species and ocean ecosystems are increasingly valuable. Ongoing efforts to preserve them emphasize spatial controls on human entry and use via Marine Protected Areas (MPAs). They cover 7.6% of world oceans and aim for 30% by 2030 under the Convention for Biological...

Persistent link: https://www.econbiz.de/10014468279

Equilibrium Responses to Price Controls : A Supply-Chain Approach

Mulligan, Casey B. - National Bureau of Economic Research - 2024

Prices are regulated in many markets, ranging from healthcare to labor to telecommunications. This paper reinterprets the variables in the basic supply-demand model so that both product-definition and quantity are equilibrium outcomes. Specifically, compliance with price controls is achieved by...

Persistent link: https://www.econbiz.de/10014512070

Tail Risk in Production Networks

Dew-Becker, Ian - National Bureau of Economic Research - 2022

This paper describes the response of the economy to large shocks in a nonlinear production network. While arbitrary combinations of shocks can be studied, it focuses on a sector's tail centrality, which quantifies the effect of a large negative shock to the sector - a measure of the systemic...

Persistent link: https://www.econbiz.de/10013388835

Labor Dynamics and Supply Chain Disruption in Food Manufacturing

Ramsey, A. Ford; Goodwin, Barry K.; Haley, Mildred A. - National Bureau of Economic Research - 2021

Food manufacturing and processing is an important link between agricultural producers and consumers in the agricultural supply chain. The food manufacturing sector in the United States is both increasingly mechanized and increasingly concentrated. Consequently, labor risks in food manufacturing...

Persistent link: https://www.econbiz.de/10012585380

Concentration and Resilience in the U.S. Meat Supply Chains

Ma, Meilin; Lusk, Jayson L. - National Bureau of Economic Research - 2021

consumers is a smaller number of processors. The concentrated nature of the meat processing sectors in the United States implies … concentrated meat processing sector would be less vulnerable to the risks of temporary plant shutdowns. We calibrate an economic … horizontal concentration of meat packing …

Persistent link: https://www.econbiz.de/10012599393

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