Showing 1 - 10 of 267
We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost of primary inputs. We show how to aggregate plant-level data to this measure and how to use plant-level data to decompose our measure into technical efficiency and reallocation...
Persistent link: https://www.econbiz.de/10013222069
We develop a model of international trade with export quality requirements and two dimensions of firm heterogeneity. In … empirical fact that firm size is not monotonically related with export status: there are small firms that export and large firms … heterogeneity as they imply no variation in export status after size is controlled for. We find strong support for the predictions …
Persistent link: https://www.econbiz.de/10013160158
Using transactions-level customs data from Colombia, we study firm-specific export patterns over the period 1996 … previous year. These new exporters tend to be extremely small in terms of their overall contribution to export revenues, and … most do not continue exporting in the following year. Hence export sales are dominated by a small number of very large and …
Persistent link: https://www.econbiz.de/10012775737
This research explores the effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, the study establishes that while the adoption of industrial technology was conducive to economic...
Persistent link: https://www.econbiz.de/10012949418
This paper provides a statistical test to assess the adequacy of static equilibrium models. The test is based on a restricted cost function framework together with the envelope conditions which characterize static equilibrium for the quasi-fixed factors. We also show how restricted cost function...
Persistent link: https://www.econbiz.de/10014157142
In this paper I provide a production theory-based framework for measuring markups of price over marginal coat, and the effects of cost and demand characteristics on these markups. Price to marginal coat ratios are measured for various Canadian manufacturing industries, and the impacts of...
Persistent link: https://www.econbiz.de/10013219311
In this paper we theoretically and empirically model import demand and export supply behavior of firms for the U … demand and export supply functions as well as domestic output supply and labor demand. These elasticities are in turn used to …
Persistent link: https://www.econbiz.de/10013221104
In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...
Persistent link: https://www.econbiz.de/10013223051
In this paper we develop a general intertemporal model of production, emphasizing the role of present and expected future corporate income taxes, credits and allowances along with costly adjustment and variable utilization of the quasi-fixed factors. Three specific issues are considered: 1) the...
Persistent link: https://www.econbiz.de/10013140072
In Kouri, Macedo and Viscio (1982), we applied a vintage model of supply to data from the French manufacturing sector. The model was,however, solved with a particular parametrization (Cobb Douglas production function and a quadratic adjustment function). Also, no fixed factors were allowed for...
Persistent link: https://www.econbiz.de/10013141799