Showing 1 - 10 of 333
This paper presents a simple model for analysing the contribution of investments in physical and institutional infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important indirect effects, or transition impacts. The model shows...
Persistent link: https://www.econbiz.de/10005667044
This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...
Persistent link: https://www.econbiz.de/10005791330
complementarity in a general-equilibrium trade model with heterogeneous, monopolistically competitive firms, extending Melitz (2003 …
Persistent link: https://www.econbiz.de/10005123564
The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...
Persistent link: https://www.econbiz.de/10005136586
We investigate the role of dynamic production inputs and their associated adjustment costs in shaping the dispersion of total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5,010 establishments in 33 developing countries from the World...
Persistent link: https://www.econbiz.de/10009150947
This paper examines the extent to which the destination of exports matters for the input prices paid by firms, using detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export destinations and find that exporting to richer...
Persistent link: https://www.econbiz.de/10011083348
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
institutions to affect growth. Institutions can directly affect growth, or it can impact on trade, which in turn affects growth …. Once we separately quantify the link from institutions to trade, and trade to growth, the independent effect of … institutions on growth is small. This suggests that part of what is often understood as trade's effect on growth can be attributed …
Persistent link: https://www.econbiz.de/10011084605
world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists … reduction in emissions. A second exercise comparing the actual trade situation with an autarky benchmark estimates that trade …
Persistent link: https://www.econbiz.de/10005504371
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed … produced with a clean and a dirty input. I show that a temporary Northern policy combining clean research subsidies and a trade … tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate …
Persistent link: https://www.econbiz.de/10011084402