Showing 1 - 10 of 155
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in … implications for gauging the rate of innovation in the semiconductor sector …
Persistent link: https://www.econbiz.de/10013024503
Sparked by concerns about their shrinking market share, 14 leading U.S. semiconductor producers, with the financial … -- in 1987. Using Compustat data on all U.S. semiconductor firms, we estimate the effects of Sematech on members' R …
Persistent link: https://www.econbiz.de/10013248691
A coalition of well-organized semiconductor producers along with compliant government agencies (USTR and the Commerce … in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … protectionism.' This paper examines how the U.S. semiconductor industry became the beneficiary of this unique and unprecedented …
Persistent link: https://www.econbiz.de/10013310555
This paper has examined the factors that affect the pattern of introduction of semiconductor innovations into the …
Persistent link: https://www.econbiz.de/10013229148
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk. The SOE's government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the...
Persistent link: https://www.econbiz.de/10013120194
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10013096857
According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap" suggests that labor is greatly misallocated...
Persistent link: https://www.econbiz.de/10013073187
We study the effect of mean-preserving labor reallocation on business cycle outcomes. We develop an empirical methodology using a local area's exposure to industry reallocation based on the area's initial industry composition and employment trends in the rest of the country over a full...
Persistent link: https://www.econbiz.de/10013001764
How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a novel screen to quantify how wages are affected by...
Persistent link: https://www.econbiz.de/10012890473
We use the World Bank Investment Climate Surveys data to analyze the employment of both labor and capital in Indian manufacturing. We focus on disparities among states in manufacturing employment patterns, and provide reduced form evidence of their relationship to both (i) institutional...
Persistent link: https://www.econbiz.de/10012758574