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of multinational firms' location and production decisions and the welfare implications of multinational production. The … costs of foreign investment are large. Second, I calibrate the model to data on trade and multinational production for … divert a sizable fraction of the production of EU multinationals from the US to Canada …
Persistent link: https://www.econbiz.de/10012456439
West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level … and combine them with production expectations over a quarterly horizon in the same survey to construct series of … and at most 34 percent of firms systematically over- or underpredict their one-quarter-ahead upcoming production. In a …
Persistent link: https://www.econbiz.de/10012459673
This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production …
Persistent link: https://www.econbiz.de/10012469660
) bilateral exports to the United States. The patterns in the data are consistent with the theory. The mean and the variance of …
Persistent link: https://www.econbiz.de/10014226112
analysis of the paper is based on dynamic factor demand models describing the production structure and the behavior of factor … analysis shows that the production structure of the industry in both countries is characterized by increasing returns to scale …; the factors of production do respond to changes in factor prices; and the existence of a pattern of substitution and …
Persistent link: https://www.econbiz.de/10012477226
An extensive literature has studied lobbying by special interest groups. We analyze a novel lobbying channel: lobbying businessmen-politicians through business proxies. When a politician controls a business, firms attempting to curry favors shift their spending towards the politician's business....
Persistent link: https://www.econbiz.de/10012458897
Discussions of school accountability focus on two issues: poor test administration and the expense of accountability. Up to this point, researchers have focused on test quality and simply assumed that the programs are expensive enough to crowd out other policies, such as class size reduction or...
Persistent link: https://www.econbiz.de/10012469860
smaller production and losses of workers. On the demand side, global buyers were not able to shift sourcing to Kenyan …
Persistent link: https://www.econbiz.de/10012629517
costs of changing production as well as substantial costs of being away from target inventory, the latter being a function … characteristics of the demand process. In the automobile industry, inventory behavior is destabilizing: the variance of production is …
Persistent link: https://www.econbiz.de/10012478217
-level production and input factor choices are affected by payroll taxes …
Persistent link: https://www.econbiz.de/10012479164