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-distributed firm productivity and fixed costs of exporting, predicts that, conditional on the fixed costs of exporting, all variation … of firm productivity allows the Melitz model to successfully match the role of the intensive margin evident in the EDD … estimate a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and demand shifters …
Persistent link: https://www.econbiz.de/10012890632
firms position themselves in global production lines and how this evolves with productivity and performance over the firm …
Persistent link: https://www.econbiz.de/10012501399
This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...
Persistent link: https://www.econbiz.de/10014262471
low quality of animal food. Correction of this market failure is attained by taxing animal food output and subsidizing … animal food quality. With consumer and producer heterogeneity, regulation is the same but sector-specific, with a more …
Persistent link: https://www.econbiz.de/10014264451
In a standard adverse selection world, asymmetric information about product quality leads to quality deterioration in the market. Suppose that a higher investment level makes the realization of high quality more likely. Then, if consumers observe the investment (but not the realization of...
Persistent link: https://www.econbiz.de/10010264613
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...
Persistent link: https://www.econbiz.de/10010270546
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10010277363
We examine an export game where two firms (home and foreign), located in two different countries, produce vertically differentiated products. The foreign firm is the most efficient in terms of R&D costs of quality development and the foreign country is relatively larger and endowed with a...
Persistent link: https://www.econbiz.de/10010261110
We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...
Persistent link: https://www.econbiz.de/10010261256
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory environments. We consider that the ISP could technically provide separate quality upgrades to two vertically differentiated content providers (CPs); therefore, it could...
Persistent link: https://www.econbiz.de/10012841934