Showing 1 - 10 of 906
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry of...
Persistent link: https://www.econbiz.de/10013477221
The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the … agricultural productivity? We develop a model of heterogeneous farms making cropping choices and investing in productivity … North on farm choices and agricultural productivity. We find that the higher distortions in north Vietnam reduce …
Persistent link: https://www.econbiz.de/10014226182
We examine aggregate productivity differences across nations using cross-country firm-level data and a quantitative … model of production heterogeneity with distortions featuring operation decisions (selection) and productivity …-level productivity, mostly resulting from the higher prevalence of unproductive firms. Quantitatively, measured cross-country differences …
Persistent link: https://www.econbiz.de/10014635713
We provide sufficient statistics for nominal and real wage exposure to productivity shocks in a constant elasticity … wages in each location with respect to productivity shocks in all locations. They are readily computed using commonly … provide theory-consistent measures of locations' exposure to productivity shocks for use in further economic and statistical …
Persistent link: https://www.econbiz.de/10014322852
There is limited causal evidence on the effects of different public procurement regulations on project quality and value-for-money for projects funded by national governments and foreign aid donors. This paper uses policy and experimental variation to study how two key contracting...
Persistent link: https://www.econbiz.de/10014226145
Relational contracts - informal self-enforcing agreements sustained by repeated interactions - are ubiquitous both within and across organizational boundaries. This review highlights recent empirical contributions in selected areas. We begin by reviewing some recent work that explicitly takes...
Persistent link: https://www.econbiz.de/10014226175
How should industrial policies be directed to reduce distortions and foster economic development? We study this question in a multi-sector model with technology adoption, where the production of goods and modern technologies features rich network structures. We provide simple formulas for the...
Persistent link: https://www.econbiz.de/10014512084
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility-scale wind and solar parks on employment, GDP and public finances in Brazilian municipalities using a difference-in-differences design with matching. We find a positive employment...
Persistent link: https://www.econbiz.de/10014512128
that raise the marginal productivity of labor and/or when there is sufficient additional hiring in complementary sectors …. Wages are unlikely to rise when workers cannot push for their share of productivity growth. Today, artificial intelligence … may boost average productivity, but it also may replace many workers while degrading job quality for those who remain …
Persistent link: https://www.econbiz.de/10014544695
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014544709