Similar Search Results

Endowments, market potential, and industrial location: evidence from interwar Poland (1918-1939)

Wolf, Nikolaus - London School of Economics (LSE) - 2004

The paper explores the determinants of industry location across interwar Poland. After more than 120 years of political and economic separation, Poland was reunified at the end of 1918. In consequence, its industry faced massive structural changes: the removal of internal tariff barriers and...

Persistent link: https://www.econbiz.de/10010744846

The log of gravity

Santos Silva, Joao; Tenreyro, Silvana - London School of Economics (LSE) - 2005

important implication of it: the standard practice of interpreting the parameters of log-linearized models estimated by ordinary …

Persistent link: https://www.econbiz.de/10010746706

Missing gains from trade?

Melitz, Marc J.; Redding, Stephen - London School of Economics (LSE) - 2014

class of trade models that satisfy a "gravity equation," the welfare gains from trade can be computed using only the open …

Persistent link: https://www.econbiz.de/10011125924

Factor endowments and production in European regions

Redding, Stephen; Vera-Martin, Mercedes - London School of Economics (LSE) - 2001

This paper analyses patterns of production across 14 industries in 45 regions from 7 European countries since 1975. We estimate a structural equation derived directly from Heckscher- Ohlin theory that relates an industry’s share of a region’s GDP to factor endowments and relative prices....

Persistent link: https://www.econbiz.de/10010745649

Comparative advantage and heterogeneous firms

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2004

This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the...

Persistent link: https://www.econbiz.de/10010884531

Comparative advantage and economic geography : estimating the determinants of industrial location in the EU

Midelfart-Knarvik, Karen Helene; Overman, Henry G.; … - London School of Economics (LSE) - 2001

We develop and econometrically estimate a model of the location of industries across countries. The model combines factor endowments and geographical considerations, and shows how industry and country characteristics interact to determine the location of production. We estimate the model on...

Persistent link: https://www.econbiz.de/10010745001

Relative wage variation and industry location

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - London School of Economics (LSE) - 2004

Relative wages vary considerably across regions of the United Kingdom, with skill-abundant regions exhibiting lower skill premia than skill-scarce regions. This paper shows that the location of economic activity is correlated with the variation in relative wages. U.K. regions with low skill...

Persistent link: https://www.econbiz.de/10010928674

Specialization dynamics

Redding, Stephen - London School of Economics (LSE) - 2002

This paper proposes a new empirical framework for analyzing specialization dynamics. A country’s pattern of … specialization is viewed as a distribution across sectors, and statistical techniques for analyzing the evolution of this entire … find substantial mobility in patterns of specialization. Over time horizons of 5 years, this is largely explained by forces …

Persistent link: https://www.econbiz.de/10010745757

Tax cuts in open economies

Cunat, Alejandro; Deak, Szabolcs; Maffezzoli, Marco - London School of Economics (LSE) - 2008

A reduction in income tax rates generates substantial dynamic responses within the framework of the standard neoclassical growth model. The short-run revenue loss after an income tax cut is partly - or, depending on parameter values, even completely - offset by growth in the long-run, due to the...

Persistent link: https://www.econbiz.de/10010746525

Estimating the extensive margin of trade

Santos Silva, Joao; Tenreyro, Silvana; Wei, Kehai - London School of Economics (LSE) - 2014

relevance for the assessment of trade policies. Estimation of models for the number of exporting sectors, however, poses a …

Persistent link: https://www.econbiz.de/10011125898