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Global Production with Export Platforms
Tintelnot, Felix - 2016
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...
Persistent link: https://www.econbiz.de/10012992631
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SIMULATING RUSSIA’S AND OTHER LARGE ECONOMIES’ CHALLENGING AND INTERCONNECTED TRANSITIONS
Benzell, Seth G.; Goryunov, Eugene; Kazakova, Marija; … - 2015
This paper develops a large-scale, dynamic life-cycle model to simulate Russia’s demographic and fiscal transition under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and Japan+ (Japan plus Korea). The model predicts dramatic...
Persistent link: https://www.econbiz.de/10011379852
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Economic Growth with Constraints on Tax Revenues and Public Debt : Implications for Fiscal Policy and Cross-Country Differences
Aizenman, Joshua - 2007
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10012777949
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The Evolution of Comparative Advantage : Measurement and Welfare Implications
Levchenko, Andrei A. - 2011
We estimate productivities at the sector level for 72 countries and 5 decades, and examine how they evolve over time in both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew systematically faster in sectors that were initially...
Persistent link: https://www.econbiz.de/10013129215
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The Antebellum U.S. Iron Industry : Domestic Production and Foreign Competition
Davis, Joseph H. - 2007
This paper presents new annual estimates of U.S. production of pig iron and imports of pig iron products dating back to 1827. These estimates are used to assess the vulnerability of the antebellum iron industry to foreign competition and the role of the tariff in fostering the industry's early...
Persistent link: https://www.econbiz.de/10012775911
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Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement
Veldkamp, Laura - 2007
Synchronized expansions and contractions across sectors define business cycles. Yet synchronization is puzzling because productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis explores complementarity in information...
Persistent link: https://www.econbiz.de/10012778290
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Misallocation in the Market for Inputs : Enforcement and the Organization of Production
Boehm, Johannes - 2018
Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with …
Persistent link: https://www.econbiz.de/10012912175
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Railroads and the Rise of the Factory : Evidence for the United States, 1850-70
Atack, Jeremy - 2008
Over the course of the nineteenth century manufacturing in the United States shifted from artisan shop to factory … building of extensive railroad network. Using a newly created data set of manufacturing establishments linked to county level … data on rail access from 1850-70, we ask whether the coming of the railroad increased establishment size in manufacturing …
Persistent link: https://www.econbiz.de/10012769675
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Input Diffusion and the Evolution of Production Networks
Carvalho, Vasco M. - 2014
The adoption and diffusion of inputs in the production network is at the heart of technological progress. What determines which inputs are initially considered and eventually adopted by innovators? We examine the evolution of input linkages from a network perspective, starting from a stylized...
Persistent link: https://www.econbiz.de/10013055829
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Level Versus Variability Trade-Offs in Wind and Solar Generation Investments : The Case of California
Wolak, Frank - 2016
Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covariance matrix of hourly output and revenues across all wind and solar locations in the state. Annual...
Persistent link: https://www.econbiz.de/10012985578