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If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights (IPRs)...
Persistent link: https://www.econbiz.de/10011415064
When similar patterns of expansion and contraction are observed across sectors, we call this a business cycle. Yet explaining the similarity and synchronization of these cycles across industries remains a puzzle. Whereas output growth across industries is highly correlated, identifiable shocks,...
Persistent link: https://www.econbiz.de/10003474099
opposite effect on manufacturing employment, suggesting that local officials' efforts to attract shopping centers and large … stores crowd out manufacturing. -- fiscal zoning ; sales taxes ; retail employment ; manufacturing employment …
Persistent link: https://www.econbiz.de/10009533477
This paper investigates whether the increasing "residual wage inequality" trend is related to manufacturing decline and … shows that a shrinking manufacturing sector increases inequality. In addition, an influx of low-skilled immigrants increases … inequality, but this effect is concentrated in areas with a steeper manufacturing decline. Similar results are found for two …
Persistent link: https://www.econbiz.de/10011283167
This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in immigration-induced skill-mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and unskilled workers, and then dramatically increased its...
Persistent link: https://www.econbiz.de/10011307890
The share of non-standard jobs in total employment has increased in Germany over recent decades. Research tends to attribute this in particular to labour market re-forms and socio-economic change. However, it becomes clear upon closer inspection that macro trends alone cannot provide...
Persistent link: https://www.econbiz.de/10010196464
In the early 1990's, the Argentine government promoted a framework for productivity-based negotiations between firms and unions at low levels of organization. The policy weakened the industry-wide collective bargaining system, which sets working conditions for all firms in an industry. This...
Persistent link: https://www.econbiz.de/10010199012
productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is …
Persistent link: https://www.econbiz.de/10011458981
This paper examines how firms in an emerging economy are affected by violence due to drug trafficking. Employing rich longitudinal plant-level data covering all of Mexico from 2005–2010, and using an instrumental variable strategy that exploits plausibly exogenous spatiotemporal variation in...
Persistent link: https://www.econbiz.de/10013170284
We describe new experimental productivity statistics, Dispersion Statistics on Productivity (DiSP), jointly developed and published by the Bureau of Labor Statistics (BLS) and the Census Bureau. Official BLS productivity statistics provide information on aggregate productivity growth. Yet, a...
Persistent link: https://www.econbiz.de/10012550217