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Technology and Geography in the Second Industrial Revolution : New Evidence from the Margins of Trade
Huberman, Michael - 2015
In the Belle Époque, Belgium recorded an unprecedented trade boom, but growth in output per capita was lackluster. We …
Persistent link: https://www.econbiz.de/10012457815
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Why Isn't Mexico Rich?
Hanson, Gordon H. - 2010
Over the last three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment, achieving fiscal discipline, and privatizing state owned enterprises. Despite these efforts, the country's economic growth has been lackluster, trailing that of many other...
Persistent link: https://www.econbiz.de/10012462187
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Innovation, Competition and Welfare-Enhancing Monopoly
Darby, Michael R. - 2006
So long as the entry and exit of firms using the generic technology sets the price in an industry, one or more price-taking firms can coexist with proprietary technologies yielding more or less substantial quasi-rents to the sunk development costs. Consumer welfare is increased if an innovator...
Persistent link: https://www.econbiz.de/10012466574
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Political Competition and Economic Performance : Theory and Evidence from the United States
Besley, Timothy - 2005
One of the most cherished propositions in economics is that market competition by and large raises consumer welfare …. But whether political competition has similarly virtuous consequences is far less discussed. This paper formulates a model … to explain why political competition may enhance economic performance and uses the United States as a testing ground for …
Persistent link: https://www.econbiz.de/10012467195
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Latin America in the Rearview Mirror
Cole, Harold L. - 2004
Latin American countries are the only Western countries that are poor and that aren't gaining ground on the United States. This paper evaluates why Latin America has not replicated Western economic success. We find that this failure is primarily due to TFP differences. Latin America's TFP gap is...
Persistent link: https://www.econbiz.de/10012467679
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The Origins of Firm Heterogeneity : A Production Network Approach
Bernard, Andrew B. - 2019
. Using the universe of buyer-supplier relationships in Belgium, the paper develops a set of stylized facts that motivate a …
Persistent link: https://www.econbiz.de/10012479397
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The Role of Exporters and Domestic Producers in GVCs : Evidence for Belgium based on Extended National Supply-and-Use Tables Integrated into a Global Multiregional Input-Output Tab...
Michel, Bernhard - 2018
-oriented manufacturers generate substantial value added in other Belgian firms, in particular providers of services; c) Belgium's backward …
Persistent link: https://www.econbiz.de/10012480807
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Social Security Incentives in Belgium : An Analysis of Four Decades of Change
Fraikin, Anne-Lore - 2018
performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact …
Persistent link: https://www.econbiz.de/10012481023
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COVID-19 and SME Failures
Gourinchas, Pierre-Olivier - 2020
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
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Assessing the Age Specificity of Infection Fatality Rates for COVID-19 : Meta-Analysis & Public Policy Implications
Levin, Andrew T. - 2020
To assess age-specific infection fatality rates (IFRs) for COVID-19, we have conducted a systematic review of seroprevalence studies as well as countries with comprehensive tracing programs. Age-specific IFRs were computed using the prevalence data in conjunction with reported fatalities four...
Persistent link: https://www.econbiz.de/10012481451