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Kremer, Michael - 2021

This paper argues that worker cooperatives are prone to redistribution among members, and that this redistribution distorts incentives. I assume that employment contracts are incomplete. In the model cooperative members pay in a capital contribution to purchase equipment. They then receive...

Persistent link: https://www.econbiz.de/10013212352

Tax Law Changes, Income Shifting and Measured Wage Inequality : Evidence from India

Sivadasan, Jagadeesh - 2006

We use a large dataset covering all registered plants in the manufacturing sector in India over the period 1986 to 1995 to examine the effects of a 1992 income tax law change that eliminated the double taxation of wages paid to partners in partnership firms. This tax law change provides a unique...

Persistent link: https://www.econbiz.de/10012780119

Were Trade and Factor Mobility Substitutes in History?

Collins, William J.; O'Rourke, Kevin Hjortshøj; … - 2021

Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows …

Persistent link: https://www.econbiz.de/10013218517

Trade and Technical Progress

Helliwell, John F. - 2021

Using annual data 1963-1989 for technical progress in GECD countries (as measured by Solow residuals constructed using GECD data made internationally comparable through the use of purchasing power parties), the paper first shows that there has been significant international convergence in the...

Persistent link: https://www.econbiz.de/10013218910

International Trade and Income Distribution : A Reconsideration

Krugman, Paul R. - 2021

The postwar expansion of trade among the industrial countries has not had the strong distributional effects which standard models of trade would have led us to expect. This paper develops a model which attempts to explain this observation, while at the same time making sense of some other...

Persistent link: https://www.econbiz.de/10013222329

Endogenous Market Structures in International Trade

Horstmann, Ignatius J.; Markusen, James R. - 2021

Almost all of the large literature on international trade with imperfect competition assumes exogenous market structures. The purpose of this paper is to develop a simple model that generates alternative market structures as Nash equilibria for different parameterizations of the basic model....

Persistent link: https://www.econbiz.de/10013222615

Trade, Wages and Revolving Door Ideas

Leamer, Edward E. - 2021

-Samuelson Theorem and the Samuelson Duality Theorem. Until the theory is better understood, and until the theory and the estimates are … sensibly linked, the jury should remain out. This paper gives examples of the misuse of the international micro theory linking … technological change and globalization to the internal labor market. This international micro theory serves as a foundation for a …

Persistent link: https://www.econbiz.de/10013226994

A Global View of Economic Growth

Ventura, Jaume - 2021

This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...

Persistent link: https://www.econbiz.de/10013228034

Goods Trade, Factor Mobility and Welfare

Redding, Stephen - 2012

We develop a quantitative spatial model that incorporates a rich geography of trade and imperfect labor mobility between locations. We provide general results for the existence, uniqueness and comparative statics of the equilibrium. We show how the model can be used to undertake counterfactuals...

Persistent link: https://www.econbiz.de/10013107513

New Trade Models, Same Old Gains?

Arkolakis, Costas - 2010

Micro-level data have had a profound influence on research in international trade over the last ten years. In many regards, this research agenda has been very successful. New stylized facts have been uncovered and new trade models have been developed to explain these facts. In this paper we...

Persistent link: https://www.econbiz.de/10013149088