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Substitutability and Competition in the Dixit-Stiglitz Model
Koeniger, Winfried; Licandro, Omar - 2004
The effects of competition on growth are analyzed in the recent literature by comparing economies with the same market structure but different degrees of substitutability. In this note, we show that in a general equilibrium model with monopolistic competition – la Dixit- Stiglitz the effect of...
Persistent link: https://www.econbiz.de/10010261777
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Bismarck versus Beveridge: Which Unemployment Compensation System is More Prone to Labor Market Shocks?
Beissinger, Thomas; Buesse, Oliver - 2001
Based on a model with imperfectly competitive labor and product markets the real consequences of labor market shocks for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive feature of the analysis is the comparison of both...
Persistent link: https://www.econbiz.de/10010262567
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Economic Integration, Wage Policies and Social Policies
Pflüger, Michael - 2003
This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage policies and social policies on the location of industry. It is first shown that a union wage push in one of two otherwise identical countries induces a relocation of firms which...
Persistent link: https://www.econbiz.de/10010262711
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Subsidizing firm entry in open economies
Pflüger, Michael; Südekum, Jens - 2009
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10010271259
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Heterogeneous firms, trade, and economic policy: Insights from a simple two-sector model
Pflüger, Michael; Russek, Stephan - 2011
consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … technology potentials, market sizes, trade openness and various business conditions as well as the international repercussions …
Persistent link: https://www.econbiz.de/10010286896
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Human capital externalities with monopsonistic competition
Kaas, Leo - 2008
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.
Persistent link: https://www.econbiz.de/10010268776
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An evaluation of the employment effects of barriers to outsourcing
Bandyopadhyay, Subhayu; Marjit, Sugata; Yang, Lei - 2011
Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who export jobs through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets where the US has a comparative advantage feature...
Persistent link: https://www.econbiz.de/10010274650
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A Structural Empirical Model of Firm Growth, Learning, and Survival
Abbring, Jaap H.; Campbell, Jeffrey R. - 2003
We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …
Persistent link: https://www.econbiz.de/10010262756
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10010280731
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Trade, wages, and productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
Canada-U.S. interregional trade data, we first estimate a system of theory-based gravity equations under the general …
Persistent link: https://www.econbiz.de/10010268928