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A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory...
Persistent link: https://www.econbiz.de/10013107972
Recent advances in information technology (IT) have enabled firms in many industries to give middle managers new access to timely production data. Process monitoring' technologies give distant managers a window to production which can both lower their cost of monitoring subordinates and provide...
Persistent link: https://www.econbiz.de/10013239158
An important component of Robert Lipsey's work has been his research on multinational firms, and his careful documentation of their behavior in terms of production and intra-firm trade. In this paper, we extend recent theory referred to as the knowledge-capital model', which simultaneously...
Persistent link: https://www.econbiz.de/10013249686
migrants and returnees. We construct measures of selection across skill groups and estimate the average and the skills … with migrants' skills and drives the positive selection of returnees. Based on the rationality of these migration decisions …, a model of education, migration and return predicts positive long-run effects of increased migration for average skills …
Persistent link: https://www.econbiz.de/10013127753
analytical and critical skills ("modern" teaching) has a very large positive payoff, evidenced in improvement of test scores …
Persistent link: https://www.econbiz.de/10013128274
Firms in the same industry can differ in measured productivity by multiples of 3. Griliches (1957) suggests one explanation: the quality of inputs differs across firms. We add labor market history variables such as experience and firm and industry tenure, as well as general human capital...
Persistent link: https://www.econbiz.de/10013128897
using the Hanushek-Woessmann (2009) cognitive skills measure. We find strong support for the "Magnet Hypothesis" under the … for differences in returns to skills in source and host countries. We also find a significant differences across host …-country policy regimes in the effects of returns to skills on the skill mix of immigrants …
Persistent link: https://www.econbiz.de/10013129125
Recent evidence on the large variance in teacher effectiveness has spurred renewed interest in teacher labor market policies. A substantial body of prior research documents that more highly qualified teachers tend to work in more advantaged schools, although this literature cannot determine the...
Persistent link: https://www.econbiz.de/10013129221
Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...
Persistent link: https://www.econbiz.de/10013135061
This paper develops a human capital measure in the sense of Schultz (1960) and then reevaluates the contribution of human capital to China's economic growth. The results indicate that human capital plays a much more important role in China's economic growth than available literature suggests,...
Persistent link: https://www.econbiz.de/10013135239