Showing 1 - 10 of 252
We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10012293757
sufficiently dry to maintain productivity, which, however, leaves future generations worse off by accelerating subsidence and …
Persistent link: https://www.econbiz.de/10014382946
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10010374513
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10010199422
This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...
Persistent link: https://www.econbiz.de/10009786048
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010252126
This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …
Persistent link: https://www.econbiz.de/10010252151
evidence for sequential sorting into different export-modes according to firm productivity: i) only the most productive firms …
Persistent link: https://www.econbiz.de/10010391833
Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual … productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show … international markets. We show that firms with low productivity may still be able to penetrate foreign markets provided they have …
Persistent link: https://www.econbiz.de/10011492068