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Aghion, Philippe - 2012

Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We measure competition using the Lerner Index and include as...

Persistent link: https://www.econbiz.de/10013106960

Industrial Policy and Downstream Export Performance

Blonigen, Bruce A. - 2013

Industrial policies (IPs) include such varying practices as production subsidies, export subsidies, and import protection, and are commonly used by countries to promote targeted sectors. However, such policies can have significant impacts on sectors other than those targeted by the IPs,...

Persistent link: https://www.econbiz.de/10013088677

China's Industrial Policy : An Empirical Evaluation

Barwick, Panle Jia; Kalouptsidi, Myrto; Zahur, Nahim - 2022

Despite the historic prevalence of industrial policy and its current popularity, few empirical studies directly evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel the country’s shipbuilding industry to the largest...

Persistent link: https://www.econbiz.de/10013324653

Trapped Factors and China's Impact on Global Growth

Bloom, Nicholas - 2014

In a general equilibrium product-cycle model, lower trade barriers increase Southern purchasing power, which lifts long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms, which lowers the opportunity cost of innovation,...

Persistent link: https://www.econbiz.de/10013057413

Airbus Versus Boeing Revisited : International Competition in the Aircraft Market

Irwin, Douglas A.; Pavcnik, Nina - 2021

This paper examines international competition in the commercial aircraft industry. We estimate a discrete choice, differentiated products demand system for wide-body aircraft and examine the Airbus-Boeing rivalry under various assumptions on firm conduct. We then use this structure to evaluate...

Persistent link: https://www.econbiz.de/10013246645

International Trade Aspects of Competition Policy

Nagaoka, Sadao - 2021

Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...

Persistent link: https://www.econbiz.de/10013228236

Instrumental Variables and Causal Mechanisms : Unpacking the Effect of Trade on Workers and Voters

Dippel, Christian - 2017

Instrumental variables (IV) are a common means to identify treatment effects. But standard IV methods do not allow us to unpack the complex treatment effects that arise when a treatment and its outcome together cause a second outcome of interest. For example, IV methods have been used to show...

Persistent link: https://www.econbiz.de/10012960515

Flexibility and Job Creation : Lessons for Germany

Heckman, James J. - 2021

This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity

Persistent link: https://www.econbiz.de/10013216096

Measuring the Intensity of Competition in Export Markets

Goldberg, Pinelopi; Knetter, Michael M. - 2021

This paper develops an approach to measuring the intensity of competition in international markets. The method measures the degree of 'outside' competition faced by exporters located in one source country from firms located outside the source country. We use the elasticity of price and quantity...

Persistent link: https://www.econbiz.de/10013233435

Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86

Fischer, Stanley - 2007

Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and …. The most striking contrast in the outcomes of policy is between Japan and Germany in the second oil shock. Both their … Bundesbank and the Bank of Japan each focus on one money target, described by the Bundesbank as a target, and by the Bank of …

Persistent link: https://www.econbiz.de/10012777224

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