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undermined nutrition by displacing local food production. Consistent with this hypothesis, a difference-in-differences estimation … shows that after the arrival of the boll weevil, food production in affected counties rose while cotton production and …
Persistent link: https://www.econbiz.de/10012948921
The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on … Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with … of input use. The equilibrium organization of production and the network structure of input-output linkages arise …
Persistent link: https://www.econbiz.de/10012912175
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10013227755
Using disaggregated production data we show that the size of seasonal cycles changes significantly over the course of … disentangled from cyclical fluctuations only when the marginal cost of production is linear, and the variation in demand and cost … involves studying the variation in seasonally unadjusted patterns of production and inventory accumulation over different …
Persistent link: https://www.econbiz.de/10013240631
Why do some sellers set nominal prices that apparently do not respond to changes in the aggregate price level? In many … models, prices are sticky by assumption; here it is a result. We use search theory, with two consequences: prices are set in … supply increases, some sellers may keep prices constant, earning less per unit but making it up on volume, so profit stays …
Persistent link: https://www.econbiz.de/10013119345
existing production network plays a crucial role in the diffusion of inputs and the evolution of technology …The adoption and diffusion of inputs in the production network is at the heart of technological progress. What …
Persistent link: https://www.econbiz.de/10013055829
West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level … and combine them with production expectations over a quarterly horizon in the same survey to construct series of … and at most 34 percent of firms systematically over- or underpredict their one-quarter-ahead upcoming production. In a …
Persistent link: https://www.econbiz.de/10013064073
This paper presents a structural model of production and inventory accumulation based on the hypothesis of cost … in particular for a cost changing the production level rather than only for deviations of the production level from a … production adjustment allowed. Disaggregation of inventories provides significant insights into the dynamics of the adjustment …
Persistent link: https://www.econbiz.de/10013229372
This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production …
Persistent link: https://www.econbiz.de/10013211638
-level production and input factor choices are affected by payroll taxes …
Persistent link: https://www.econbiz.de/10013324044