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Local employment multiplier : evidence from relocation of public-sector entities in South Korea
Lee, Hwanoong; Ko, Changsu; Kim, Wookun - 2023
sector employment to estimate the local employment multiplier. We find that the introduction of one public sector employment … neighborhoods; this effect is also localized. Lastly, by estimating the local employment multiplier for each relocation site, we … document the heterogeneity of the local employment multiplier and provide suggestive evidence that this het-erogeneity is …
Persistent link: https://www.econbiz.de/10014450751
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What drives German trend output growth? : a sectoral view
Lehmann, Robert; Zarges, Lara - 2024 - This version: April 23, 2024
In this paper, we outline material and capital linkages across sectors to quantify the role of the German production network in amplifying sectoral dynamics on aggregate trend gross domestic product growth. This allows us to study the impact of sectoral labor input and total factor productivity...
Persistent link: https://www.econbiz.de/10014528208
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Vertical foreign direct investment : make, sell and (not) buy
Milliou, Chrysovalantou; Sandonís, Joel - 2016
According to conventional wisdom, multinational firms undertake vertical FDI in order to take advantage of cross-border factor cost differences and source the inputs from abroad at better terms. Recent empirical findings though document that this is not always the case. We provide theoretical...
Persistent link: https://www.econbiz.de/10011565578
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Domestic value added in exports : theory and firm evidence from China
Kee, Hiau Looi; Tang, Heiwai - 2015
China has defied the declining trend in domestic content in exports in many countries. We study China's rising domestic content in exports using firm- and customs transaction-level data. Our approach embraces firm heterogeneity and hence reduces aggregation bias. We find that the substitution of...
Persistent link: https://www.econbiz.de/10011387484
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Globalization and state capitalism : assessing Vietnam's accession to the WTO
Baccini, Leonardo; Impullitti, Giammario; Malesky, Edmund - 2017
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10011717219
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Trade and investment in the global economy
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2017
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state....
Persistent link: https://www.econbiz.de/10011718208
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The life-cycle dynamics of exporters and multinational firms
Gumpert, Anna; Moxnes, Andreas; Ramondo, Natalia; … - 2017
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011757771
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Deep trade agreements and FDI in partial and general equilibrium : a structural estimation framework
Larch, Mario; Yotov, Yoto - 2022
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us to (i) estimate the direct impact of DTAs on FDI, (ii)...
Persistent link: https://www.econbiz.de/10013384905
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FDI inflows and domestic firms : adjustments to new export opportunities
McCaig, Brian; Pavcnik, Nina; Wong, Woan Foong - 2022
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry...
Persistent link: https://www.econbiz.de/10013473693
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Market structure, technological gap and vertical linkage effects from foreign direct investment
Kadochnikov, Sergey M. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003641711