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Skill Biased Heterogeneous Firms, Trade Liberalization, and the Skill Premium
Harrigan, James - 2011
raises the demand facing highly competitive skill-intensive firms. In our model, only the lowest-cost firms participate in … both greater trade volumes and an increase in the relative demand for skill, as the lowest-cost/most-skilled firms expand …
Persistent link: https://www.econbiz.de/10013118253
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Dynamic R&D Choice and the Impact of the Firm's Financial Strength
Peters, Bettina - 2016
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012997893
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The Effects of Website Provision on the Demand for German Women's Magazines
Kaiser, Ulrich - 2022
The effect of website provision on the demand for German women's magazines is analyzed using differentiated product … demand models estimated on panel data that cover the period 1990 2000. Descriptive evidence on the magazines' website … alternative econometric approaches to identify the demand model. A counter-factual analysis shows, however, that online magazines …
Persistent link: https://www.econbiz.de/10014120018
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Democracy, Technology, and Growth
Aghion, Philippe - 2010
We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10012760042
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Breakthrough Inventions and Migrating Clusters of Innovation
Kerr, William - 2021
We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough inventions. We identify breakthrough inventions as the top one percent of US inventions for a technology during 1975-1984 in terms of subsequent citations. Patenting growth is...
Persistent link: https://www.econbiz.de/10013240578
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Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P - 2014
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a …
Persistent link: https://www.econbiz.de/10013067628
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Monetary Rules for Commodity Traders
Catão, Luis - 2012
when risk sharing is perfect and the elasticity of demand for exports of a home aggregate is high. In those cases, policies …
Persistent link: https://www.econbiz.de/10013097785
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Commodity Trade Matters
Fally, Thibault - 2018
key features of commodities: low price elasticities of demand (difficulty in finding substitutes), low price elasticities …
Persistent link: https://www.econbiz.de/10012911683
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An Economic Rationale for the African Scramble : The Commercial Transition and the Commodity Price Boom of 1845-1885
Frankema, Ewout - 2015
This is the first study to present a unified quantitative account of African commodity trade in the long 19th century from the zenith of the Atlantic slave trade (1790s) to the eve of World War II (1939). Drawing evidence from a new dataset on export and import prices, volumes, composition and...
Persistent link: https://www.econbiz.de/10013021885
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Commodity Trade and the Carry Trade : A Tale of Two Countries
Ready, Robert C. - 2013
Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
Persistent link: https://www.econbiz.de/10013076915