Showing 1 - 10 of 9,539
The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...
Persistent link: https://www.econbiz.de/10012988517
methodological challenges by measuring standardization via national penetration of ISO 9000, allowing standardization to manifest via …-signaling augmenting country-pair trade. Yet, ISO-rich nations (most notably European) benefit the most from standardization, while ISO …
Persistent link: https://www.econbiz.de/10013066003
This paper develops a model of evolving standards for academic publishing. It is motivated by the increasing tendency of academic journals to require multiple revisions of articles and by changes in the content of articles. Papers are modeled as varying along two quality dimensions: q and r. The...
Persistent link: https://www.econbiz.de/10013125817
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10013148872
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012994896
inequality. Between these years wage inequality changed, but multiple changes in exogenous variables occurred (world prices …
Persistent link: https://www.econbiz.de/10013248534
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10013126042
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10013243426
. The pairs of importers whose income distributions look more similar have more export partners in common and more similar … import price distributions. Similarly, the importers whose income distributions look more like the world buy from more … exporters and have import price distributions that look more like the world …
Persistent link: https://www.econbiz.de/10012760638
production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … adapted to be produced using unskilled labor. Our framework highlights a number of novel results. First, standardization is … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …
Persistent link: https://www.econbiz.de/10013144153