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Persistent link: https://www.econbiz.de/10002536017
This paper estimates the Rybczynski equation matrix for the twenty two-digit U.S." manufacturing industries for various years between 1880 and 1987. As predicted by the standard" general equilibrium theory of interregional trade, the regression estimates show that a consistent" set of factor...
Persistent link: https://www.econbiz.de/10012472493
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory is widely applied. It serves as the basis for...
Persistent link: https://www.econbiz.de/10012462550
Persistent link: https://www.econbiz.de/10003002042
Do New York and Nashville face the same pressures from increased trade? This paper considers the role of international trade in shaping the product mix and relative wages for regions within the US. Using the predictions from a Heckscher-Ohlin trade model, we ask whether all the regions in the US...
Persistent link: https://www.econbiz.de/10012470661
micro panel data drawn from administrative records; it fully exploits the longitudinal dimension of the underlying datasets …
Persistent link: https://www.econbiz.de/10013388880
Panel or grouped data are often used to allow for unobserved individual heterogeneity in econometric models via fixed … effects. In this paper, we discuss identification of a panel data model in which the unobserved heterogeneity both enters … additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …
Persistent link: https://www.econbiz.de/10014322772
Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the information available to identify the effect of each...
Persistent link: https://www.econbiz.de/10014468265
propose estimating nested logit demand models, using household panel data to automate the assignment of products to nests. Our …
Persistent link: https://www.econbiz.de/10014287331
We revisit time-variation in the Phillips curve, applying new Bayesian panel methods with breakpoints to US and …
Persistent link: https://www.econbiz.de/10014250170