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between education and allocative efficiency. Section I is reprinted from my J.P.E. paper "Education in Production". Section II …
Persistent link: https://www.econbiz.de/10012479124
across buyers of manufactured intermediate goods. Over half of firm-to-firm manufacturing sales are accounted for by products …
Persistent link: https://www.econbiz.de/10015145079
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/10012456439
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/10012458639
West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level …
Persistent link: https://www.econbiz.de/10012459673
Why do some sellers set nominal prices that apparently do not respond to changes in the aggregate price level? In many models, prices are sticky by assumption; here it is a result. We use search theory, with two consequences: prices are set in dollars, since money is the medium of exchange; and...
Persistent link: https://www.econbiz.de/10012461137
Over the course of the nineteenth century manufacturing in the United States shifted from artisan shop to factory … 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/10012464237
As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
Persistent link: https://www.econbiz.de/10012464523
Regulations that restrict pollution by firms also affect decisions about use of labor and capital. They thus affect relative factor prices, total production, and output prices. For non-revenue-raising environmental mandates, what are the general equilibrium impacts on the wage, the return to...
Persistent link: https://www.econbiz.de/10012464994
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/10012465198