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Estimating production functions in differentiated-product industries with quantity information and external instruments
Roux, Nicolás de; Eslava, Marcela; Franco, Santiago; … - 2020
identified. Our point estimates differ from those of existing methods and changes in our preferred productivity estimator perform …
Persistent link: https://www.econbiz.de/10012390770
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The effects of globalization and technology on the elasticity of substitution
Sala, Hector; Trivín, Pedro - 2017
The elasticity of substitution between capital and labor (σ) is usually considered a "deep parameter". This paper shows, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers have different consequences for the OECD and the...
Persistent link: https://www.econbiz.de/10011704348
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Nonlinear propagation of sectoral productivity shocks with variable elasticities of substitution
Paul, Saumik; Raju, Dhushyanth - 2023
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with … in the aggregate propagation of sectoral productivity shocks with variable elasticities than with constant elasticities …. The results of sectoral productivity shocks on cross-country income convergence between 2005 and 2011 are robust across …
Persistent link: https://www.econbiz.de/10014429881
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Return of the Solow paradox? : IT, productivity, and employment in US manufacturing
Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
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Management compensation and firm-level income inequality
Frederiksen, Anders (contributor);  … - 2008
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10003754931
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The assignment of workers to tasks with endogenous supply of skills
Dupuy, Arnaud - 2013
tightly related to the distribution of skills in the population. Productivity effects can be over or under estimated by wage …
Persistent link: https://www.econbiz.de/10009727655
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The firm size distribution across countries and skill-biased change in entrepreneurial technology
Poschke, Markus - 2014
newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …
Persistent link: https://www.econbiz.de/10010250019
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Trade, technology and labour markets : empirical controversies in the light of the Jones model
Pflüger, Michael - 2001
The deterioration of the income and employment position of unskilled workers in the OECD area since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" or "globalisation" and technological progress....
Persistent link: https://www.econbiz.de/10011402769
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Workplaces in the primary economy and wage pressure in the secondary labor market
Falkinger, Josef; Grossmann, Volker - 2002
This paper develops a two-sector general equilibrium model in which firms in the primary economy have to create workplaces prior to production and product market competition. For this, we introduce the endogenous sunk cost approach with two-stage decisions of firms from IO in the macro-labor...
Persistent link: https://www.econbiz.de/10011412017
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Diverging patterns of education premium and school attendance in France and the US : a Walrasian view
De la Croix, David (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001784198