Showing 1 - 10 of 623
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
economic environment and their contributions to aggregate productivity growth in the period following the implementation of the … North American Trade Agreement (NAFTA). In all industries, an overwhelming share of aggregate productivity growth is … export status and provides an explanation for the lackluster average productivity performance of exporting plants. -- NAFTA …
Persistent link: https://www.econbiz.de/10003646696
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10003863653
In this paper we study the effect of NAFTA on the responsiveness of Mexican economy to real exchange rate shocks. We argue that, by opening the U.S. and Canadian markets to Mexican goods, NAFTA made it easier for domestic producers to take advantage of the opportunities brought by the...
Persistent link: https://www.econbiz.de/10003904720
To date, empirical investigations of trade liberalization under the conditions of increasing returns to scale (IRS) and imperfect competition (IC) have either assumed or imposed the market and productive structures necessary for such a model. However, of the recent IRS/IC models used to simulate...
Persistent link: https://www.econbiz.de/10009307409
Persistent link: https://www.econbiz.de/10001744048
Persistent link: https://www.econbiz.de/10001733870
extensive and the intensive margins and the connection between exporting dynamics and plant-level total factor productivity … and account for a small share of gross, industry-level changes in exports, employment, output, and productivity. The … distribution of exports are positively correlated with changes in total factor productivity. Our results suggest that plants face …
Persistent link: https://www.econbiz.de/10003771885
understand the link between institutions and an economy's productivity distribution. -- intra-industry trade ; heterogeneous …
Persistent link: https://www.econbiz.de/10009230184
improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …
Persistent link: https://www.econbiz.de/10009314284