Showing 1 - 10 of 296
determinant of shipping costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent … explain variations in port efficiency and find that they are linked to excessive regulation, the prevalence of organized crime …
Persistent link: https://www.econbiz.de/10013233046
More advanced technologies demand higher degrees of specialization - and longer chains of production connecting raw inputs to final outputs. Longer production chains are subject to a "weakest link" effect: they are more fragile and more prone to failure. Optimal chain length is determined by the...
Persistent link: https://www.econbiz.de/10013135410
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10013289106
that allows one to compare port efficiency measures of any kind across ports and, especially, over time. This paper … provides a new statistical method of uncovering port efficiency measures using U.S. Census data on imports into U.S. ports … evolution of port efficiencies over time and its effects on international trade flows and country-level growth …
Persistent link: https://www.econbiz.de/10013224698
groups. We exploit quasi-random variation in vessels in port from weather events far out in the ocean to estimate how port … traffic influences air pollution and human health. We find that one additional vessel in a port over a year leads to 3 ….0 hospital visits per thousand Black residents within 25 miles of the port and only 1.0 per thousand for whites. We assess a port …
Persistent link: https://www.econbiz.de/10014263477
, prohibiting open vertical integration means this floor can be lower, thus enhancing welfare. The incentive compatibility … constraints required by underhand agreements imply rent sharing and production distortions that make vertical integration less …
Persistent link: https://www.econbiz.de/10013235272
A recent literature has developed that combines two prominent empirical approaches to ex ante policy evaluation: randomized controlled trials (RCT) and structural estimation. The RCT provides a "gold-standard'' estimate of a particular treatment, but only of that treatment. Structural estimation...
Persistent link: https://www.econbiz.de/10013073955
Structural econometric methods are often criticized for being sensitive to functional form assumptions. We study parametric estimators of the local average treatment effect (LATE) derived from a widely used class of latent threshold crossing models and show they yield LATE estimates...
Persistent link: https://www.econbiz.de/10012922224
We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is exactly or asymptotically unbiased under some base model. The researcher also reports descriptive statistics...
Persistent link: https://www.econbiz.de/10013226184
This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but...
Persistent link: https://www.econbiz.de/10013147152