Showing 1 - 10 of 47
operating mainly in domestic markets. On the back of a trend increase in production offshoring, investment by large companies …
Persistent link: https://www.econbiz.de/10011373921
This paper uses a vertical differentiation duopoly framework to analyze firms’ relocation decisions, when the removal of trade barriers or restrictions on capital outflows or inflows (“globalization”) allows them to serve the domestic market through foreign plants in low-wage countries....
Persistent link: https://www.econbiz.de/10014400720
productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
This paper studies stylized business cycle properties of household production in four industrialized countries (Canada …
Persistent link: https://www.econbiz.de/10014400537
''s preference parameters for Canada, Sweden, and the United Kingdom are statistically different from the one implied by the commonly …
Persistent link: https://www.econbiz.de/10014400680
and associated inflation expectations for the United States, Australia, Canada, France, Sweden, Japan, and the United …
Persistent link: https://www.econbiz.de/10014400687
seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States … rigidities appear to be reducing Canada''s capacity for creative destruction, hence undermining productivity growth …To understand better Canada''s smooth reallocation of labor in response to the recent commodity price boom, but …
Persistent link: https://www.econbiz.de/10014401398
This paper examines possible explanations for “winner–loser reversals” in the national stock market indices of 16 countries. There is no evidence that loser countries are riskier than winner countries either in terms of standard deviations, covariance with the world market or other risk...
Persistent link: https://www.econbiz.de/10014403316
Using data from the US, UK, Japan and Canada, this paper provides evidence on the benefits to an economy from …
Persistent link: https://www.econbiz.de/10014403532
This paper presents an empirical evaluation of the strength of the Fisher effect which predicts a positive relationship between the nominal interest rate and inflation in the postwar period in the five major industrial countries, utilizing recently developed time series techniques. The results...
Persistent link: https://www.econbiz.de/10014395917