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Occupational Choice, Aggregate Productivity, and Trade
Meckl, Jürgen - 2011
understand the link between institutions and an economy's productivity distribution …
Persistent link: https://www.econbiz.de/10013129918
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Trade and Industrial Policies with Heterogeneous Firms : The Role of Country Asymmetries
Pflüger, Michael - 2010
improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …
Persistent link: https://www.econbiz.de/10013134819
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Global Sourcing of Complex Production Processes
Schwarz, Christian - 2010
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10013136032
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Spatial Frictions
Behrens, Kristian - 2013
-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the …
Persistent link: https://www.econbiz.de/10013087411
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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2021
firms to leave the market, thereby affecting aggregate productivity. Since wage and productivity responses are endogenous …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using … quantify the impacts of removing the Canada-U.S. border on wages, productivity, markups, the share of exporters, the mass of …
Persistent link: https://www.econbiz.de/10013324989
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Heterogeneous Firms, Trade, and Economic Policy:Insights from a Simple Two-Sector Model
Pflüger, Michael; Russek, Stephan - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
The robust empirical finding that exporting firms are systematically different from firms thatmerely serve domestic consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The establishment of a canonical modeldue to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009522197
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A Simple Theory of Industry Location andResidence Choice
Borck, Rainald; Pflüger, Michael; Wrede, Matthias - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper provides a simple theory of geographical mobility which simultaneously explainspeople’s choice of residences in space and the location of industry. Residences are chosenon the basis of the utility which mobile households obtain across locations...
Persistent link: https://www.econbiz.de/10005862705
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Temporary Shocks and Offshoring: The Role ofExternal Economies and Firm Heterogeneity
Mitra, Devashish; Ranjan, Priya - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
We construct a model of offshoring with externalities and firm heterogeneity. Due to thepresence of externalities, temporary shocks like the Y2K problem can have permanenteffects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initialadvantage of a country as...
Persistent link: https://www.econbiz.de/10005862878
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Globalization and Strategic Research Investments
Bohnstedt, Anna - 2011
average productivity of firms in the market, thereby implying lower consumer prices and higher welfare. In an open economy …
Persistent link: https://www.econbiz.de/10013131927