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Measuring Aggregate Productivity Growth Using Plant-Level Data

Petrin, Amil; Levinsohn, James A. - 2021

our measure into technical efficiency and reallocation components. This requires us to confront the "non …

Persistent link: https://www.econbiz.de/10013222069

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

Clementi, Gian Luca - 2014

Do firm entry and exit play a major role in shaping aggregate dynamics? Our answer is yes. Entry and exit propagate the effects of aggregate shocks. In turn, this results in greater persistence and unconditional variation of aggregate time-series. These are features of the equilibrium allocation...

Persistent link: https://www.econbiz.de/10013063511

Market Penetration Costs and the New Consumers Margin in International Trade

Arkolakis, Costas - 2008

I develop a new theory of marketing costs and introduce it into a model of trade with product differentiation and firm …

Persistent link: https://www.econbiz.de/10012770681

Production Chains

Levine, David K. - 2010

More advanced technologies demand higher degrees of specialization - and longer chains of production connecting raw inputs to final outputs. Longer production chains are subject to a "weakest link" effect: they are more fragile and more prone to failure. Optimal chain length is determined by the...

Persistent link: https://www.econbiz.de/10013135410

Tracing Value-Added and Double Counting in Gross Exports

Koopman, Robert - 2012

This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...

Persistent link: https://www.econbiz.de/10013097267

Organizing the Global Value Chain

Antras, Pol - 2012

be taken to the data with international trade statistics. Combining data from the U.S. Census Bureau's Related Party … Trade database and estimates of U.S. import demand elasticities from Broda and Weinstein (2006), we find empirical evidence … industry in the value chain, which we construct using U.S. Input-Output Tables …

Persistent link: https://www.econbiz.de/10013104981

Global Supply Chains and Wage Inequality

Costinot, Arnaud - 2012

A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory...

Persistent link: https://www.econbiz.de/10013107972

Supply-Chain Trade : A Portrait of Global Patterns and Several Testable Hypotheses

Baldwin, Richard - 2013

The trade linked to international production networks - supply-chain trade for short - is associated with momentous global economic changes. This paper presents a portrait of the global pattern of supply-chain trade and how it has evolved since 1995. The paper draws on a variety of data sources...

Persistent link: https://www.econbiz.de/10013083394

Trade and Industrialisation after Globalisation's 2nd Unbundling : How Building and Joining a Supply Chain are Different and Why it Matters

Baldwin, Richard - 2013

Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s - the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored...

Persistent link: https://www.econbiz.de/10013091898

Global Supply Chains and Trade Policy

Blanchard, Emily J. - 2016

How do global supply chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy? To address these questions, we introduce supply chain linkages into a workhorse terms-of-trade model of trade policy with political...

Persistent link: https://www.econbiz.de/10013001214