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-setting power) and (iii) revenue productivity. We apply this framework to analyze whether the pricing behavior of firms in product … find export status to be positively correlated with both product market power (markups) and market power consolidated on …
Persistent link: https://www.econbiz.de/10011772937
This paper discusses the measurement of production and employment effects of trade policy, and more broadly the effects of economic integration and globalization. First, it provides a broad-brush overview of the ex-post literature linking trade to performance, such as measures of worker...
Persistent link: https://www.econbiz.de/10011335212
This paper examines the impact of WTO membership on the extensive and intensive margins of product and labor market power of Chinese manufacturing firms during the period 1999- 2006. We first identify a firm's regime of competitiveness, corresponding to a combination of a product market setting...
Persistent link: https://www.econbiz.de/10012026039
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …
Persistent link: https://www.econbiz.de/10011326963
Persistent link: https://www.econbiz.de/10001689204
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative … is, the growth-uncertainty relationship depends on whether returns to scale in knowledge creation are increasing or non …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …
Persistent link: https://www.econbiz.de/10011343279
This paper presents a trade model with capital and labor as factors of production. The main contribution of this paper is that it considers a new type of firm heterogeneity, which is empirically relevant: firms in this paper differ with respect to their factor shares in production. Therefore,...
Persistent link: https://www.econbiz.de/10011377609
We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...
Persistent link: https://www.econbiz.de/10011303874
finance productivity and technology improvements. Third, in terms of social welfare, no equivalence result between the effects …
Persistent link: https://www.econbiz.de/10011304378
that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade …
Persistent link: https://www.econbiz.de/10011335218