Showing 1 - 10 of 927
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10012473162
their analytic approach to a given setting, and (ii) systematic simulation studies can be helpful for selecting among …
Persistent link: https://www.econbiz.de/10012480510
In conventional stochastic simulation algorithms, Monte Carlo integration and curve fitting are merged together and … stochastic simulation approach in which integration and curve fitting are separated. We specifically allow for the use of … achieve accuracy of solutions that is orders of magnitude higher than that of the conventional stochastic simulation …
Persistent link: https://www.econbiz.de/10012461949
accurate and low cost computational techniques which would permit extensive use of simulation methodology. Large samples are … simulation results. This paper investigates the tradeoffs available between computational accuracy and cost in simulation …
Persistent link: https://www.econbiz.de/10012478325
We introduce a novel simulated certainty equivalent approximation (SCEQ) method for solving dynamic stochastic problems. Our examples show that this method only requires a desktop computer to solve high-dimensional finite- or infinite-horizon, stationary or nonstationary dynamic stochastic...
Persistent link: https://www.econbiz.de/10012482717
While there is a vast body of research on the benefits of FDI in developing countries, whether and how the form of FDI matters have received limited attention. In this paper, we study the impact of FDI via quid pro quo (technology for market access) on facilitating knowledge spillover and...
Persistent link: https://www.econbiz.de/10012481192
Using a randomized experiment with an automobile manufacturing firm in China, we measure the effects of letting workers …
Persistent link: https://www.econbiz.de/10012481228
tremendous growth in sales---over 200 percent from 2008 to 2015---and concerns over local air quality have prompted China … behavior to China's largest national subsidy program for fuel efficient vehicles during 2010 and 2011. Using variation from the …
Persistent link: https://www.econbiz.de/10012455635
This paper develops a model in which upstream network insiders' conduct relationship specific investment that induces the downstream firm to transact within networks. The scale of destination-country production and part-specific measures of the importance of network relationships and engineering...
Persistent link: https://www.econbiz.de/10012469548
Over the last 20 years, the success of Japanese manufacturing firms has brought renewed attention to the importance of cost reduction on existing products as a source of productivity growth. This paper uses survey data and field interviews from the auto supply industry to explore the...
Persistent link: https://www.econbiz.de/10012472784