Showing 1 - 10 of 297
mining deposits is associated with bigger firms and fewer start-ups in the middle of the 20th century. We use mines as an … cold and warm regions alike and in industries that are not directly related to mining, such as trade, finance and services …
Persistent link: https://www.econbiz.de/10013065603
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10012759601
of increasing safety rather than production. We study the U.S. metals mining sector, leveraging exogenous demand shocks …
Persistent link: https://www.econbiz.de/10012860447
damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the … mining until better information arrives. We show conditions under which it is optimal to postpone the mining decision … marginal mine owner is completely indifferent between mining immediately and at any point in the future. Thus, for our problem …
Persistent link: https://www.econbiz.de/10013019516
We provide new evidence of one channel through which circular labor migration has long run effects on origin communities: by raising completed human capital of the next generation. We estimate the net effects of migration from Malawi to South African mines using newly digitized Census and...
Persistent link: https://www.econbiz.de/10012997877
rate, trade volumes would be higher, cross-country export patterns more dissimilar, and intra-industry trade lower than in …
Persistent link: https://www.econbiz.de/10013129215
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 development. Domestic pig iron production is found to be highly …
Persistent link: https://www.econbiz.de/10012775911
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
Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with …
Persistent link: https://www.econbiz.de/10012912175
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