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trade costs that indirectly infers trade frictions from observable trade data. I show that this trade cost measure is … show that U.S. trade costs with major trading partners declined on average by about 40 percent between 1970 and 2000, with … Mexico and Canada experiencing the biggest reductions. -- trade costs ; gravity ; multilateral resistance ; Ricardian trade …
Persistent link: https://www.econbiz.de/10009349934
This paper explores the relationships between the growth in the medical workforce in an aging society and employment in other sectors of the economy, based on data from the United States since 1985. Employment in medical services grew, but did not displace employment in other sectors uniformly....
Persistent link: https://www.econbiz.de/10009130132
We analyze whether mayors’ prior occupation in the local public administration matters for their performance. In theory, mayors’ professional background may shape their competence in bureaucratic tasks. We use the example of grant receipts for visible investment projects for which mayors...
Persistent link: https://www.econbiz.de/10015186328
In this paper, we study supplier encroachment in competition with multi-product retailers and its effects on retail profits under endogenous consumer shopping behavior. We find that supplier encroachment (weakly) increases both supplier and retailer profits, as the retailer benefits from better...
Persistent link: https://www.econbiz.de/10015339842
Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new light on this question using a reform that raised the prices of public daycare. Parents respond by reducing public daycare and increasing childcare at home. Parents also reduce...
Persistent link: https://www.econbiz.de/10009518242
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...
Persistent link: https://www.econbiz.de/10008806063
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...
Persistent link: https://www.econbiz.de/10009011365
enforcement probabilities and decreases in financing costs proportional to the time needed for trade. Empirical results from …
Persistent link: https://www.econbiz.de/10009011800
Trade facilitation policy focuses on accelerated and transparent shipment processing to reduce trade costs. A common … costs. Our theory considers that shipment processing times at the port of entry are random and firms choose lead times to …, and firm-product-origin level import data to estimate import processing costs. Evaluated at the median, import processing …
Persistent link: https://www.econbiz.de/10012597016
For reward-based crowdfunding, we introduce the strategy-proof Generalized Moulin-Shenker mechanism (GMS) and compare its performance to the prevailing All-Or-Nothing mechanism (AON). Theoretically, GMS outperforms AON in equilibrium profit and funding success. We test these predictions...
Persistent link: https://www.econbiz.de/10013445566