Showing 1 - 10 of 333
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … industry. Using firm level data from China, we document that wholesalers play no such role for direct importers. However, other …
Persistent link: https://www.econbiz.de/10012857766
matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese … firms position themselves in global production lines and how this evolves with productivity and performance over the firm … production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more …
Persistent link: https://www.econbiz.de/10012501399
This paper estimates the causal effect of rural-urban migration on urban production in China. We use longitudinal data … price shocks. Following a migrant inflow, labor costs decline and employment expands. Labor productivity decreases sharply … migration mostly benefits low- productivity firms within locations. As migrants select into high-productivity destinations …
Persistent link: https://www.econbiz.de/10012892144
This paper analyzes the effects of several policy instruments to mitigate financial bubbles generated in the banking sector. We augment a New Keynesian macroeconomic framework by endogenizing boundedly-rational expectations on asset values of loan portfolios and allow for interbank trading. We...
Persistent link: https://www.econbiz.de/10012892165
business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …
Persistent link: https://www.econbiz.de/10010264240
demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …
Persistent link: https://www.econbiz.de/10010264296
Limiting global warming to well below 20C may result in the stranding of carbon-sensitive assets. This could pose substantial threats to financial and macroeconomic stability. We use a dynamic stochastic general equilibrium model with financial frictions and climate policy to study the risks a...
Persistent link: https://www.econbiz.de/10012269556
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10010328760
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …
Persistent link: https://www.econbiz.de/10010264277
We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …
Persistent link: https://www.econbiz.de/10010264353