Showing 1 - 10 of 17
very well, the validation exercise is even more favourable to the behavioural model. …
Persistent link: https://www.econbiz.de/10011374197
Recent contributions on offshoring often assume that firms can freely split their production process into separate steps which can be ranked according to the cost savings from producing abroad. We replace this assumption by the notion of a technologically determined sequence of production steps....
Persistent link: https://www.econbiz.de/10003808676
We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are … differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training … quality is tailored to the individual need, and a uniform quality system being politically determined. The former yields a …
Persistent link: https://www.econbiz.de/10011309225
the effect of connecting a household to the grid and the quality of electricity, defined as hours of daily supply. The … quality of electricity (in terms of fewer outages and more hours per day) increases non-agricultural incomes by about 28 …
Persistent link: https://www.econbiz.de/10010199696
exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and … choice of lower-quality products dominates the price distortion effect resulting from credit constraints. However, a … competing theory based on the alternative assumption that quality is exogenous across firms would predict completely opposite …
Persistent link: https://www.econbiz.de/10009786048
This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs. However, entrepreneurs may still select too safe projects from...
Persistent link: https://www.econbiz.de/10011549385
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality …. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is …
Persistent link: https://www.econbiz.de/10011384454
' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build … a model of consumer search with firms' endogenous quality decisions. In this model, lower search costs reallocate demand … toward higher-quality producers, raising firms' incentives to upgrade quality, and more so for firms selling ex-ante lower-quality …
Persistent link: https://www.econbiz.de/10013285520
I consider a contest in which the quantity of output is rewarded and another in which the quality of output is rewarded …. The output in the quality contest plays a dual role. It counts in the quality contest but it is also converted into … . I find that when the unit cost of producing quality is sufficiently high, then treating quality and quantity as the same …
Persistent link: https://www.econbiz.de/10011864509
because they sell higher demand/quality products. Finally, while the correlation between firm revenue TFP and firm size is …
Persistent link: https://www.econbiz.de/10012211220