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Intra-firm trade and product contractibility (Long Version)
Bernard, Andrew B.; Redding, Stephen - London School of Economics (LSE) - 2010
This paper examines the determinants of intra-firm trade in U.S. imports using detailed countryproductdata. We create a … new measure of product contractibility based on the degree ofintermediation in international trade for the product. We … find important roles for the interaction ofcountry and product characteristics in determining intra-firm trade shares …
Persistent link: https://www.econbiz.de/10010746596
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The determinants of vertical integration in export processing: theory and evidence from China
Fernandes, Ana; Tang, Heiwai - London School of Economics (LSE) - 2010
outsourcing in export processing trade. We exploit the coexistence of two regulatory export processing regimes in China, which … property- rights theory of intra-firm trade. However, in the regime that foreign firms own the imported components, no …
Persistent link: https://www.econbiz.de/10011071204
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Is Poland the next Spain?
Caselli, Francesco; Tenreyro, Silvana - London School of Economics (LSE) - 2005
efficiently. The other margin (within industry) reflects capital deepening and technology catchup at the industry level. In …
Persistent link: https://www.econbiz.de/10010745276
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Trends in hours and economic growth
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2008
We study substitutions between home and market production over long periods of time. We use the results to get predictions about long-run trends in aggregate market hours of work and about employment shifts across economic sectors, driven by uneven TFP growth in market and home production. The...
Persistent link: https://www.econbiz.de/10010884523
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Matching demand and supply in a weightless economy : market-driven creativity with and without IPRs
Quah, Danny - London School of Economics (LSE) - 2002
Many cultural products have the same nonrival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic: societies tolerate monopolistic inefficiency in intellectual property (IP) protection to...
Persistent link: https://www.econbiz.de/10010884530
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Volatility and development
Koren, Miklos; Tenreyro, Silvana - London School of Economics (LSE) - 2005
Why is GDP growth so much more volatile in poor countries than in rich ones? We identify four possible reasons: (i) poor countries specialize in more volatile sectors; (ii) poor countries specialize in fewer sectors; (iii) poor countries experience more frequent and more severe aggregate shocks...
Persistent link: https://www.econbiz.de/10010884605
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Structural change in a multi-sector model of growth
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2005
We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth. The conditions are weak restrictions on the utility...
Persistent link: https://www.econbiz.de/10010884667
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The weightless economy in economic development
Quah, Danny - London School of Economics (LSE) - 1999
Can the increasing significance of knowledge-products in national income - the growing weightless economy - influence economic development? Those technologies reduce ''distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10010884693
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Structural change in a multi-sector model of growth
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2007
We study a multisector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation and balanced aggregate growth. The conditions are weak restrictions on the utility...
Persistent link: https://www.econbiz.de/10010928592
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Balanced growth with structural change
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2004
We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and constant aggregate growth path. The conditions are weak restrictions on the...
Persistent link: https://www.econbiz.de/10010928655