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International Comovement in the Global Production Network

Huo, Zhen - 2019

This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...

Persistent link: https://www.econbiz.de/10012479927

Combinatorial Discrete Choice : A Quantitative Model of Multinational Location Decisions

Arkolakis, Costas; Eckert, Fabian; Shi, Rowan - National Bureau of Economic Research - 2023

We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...

Persistent link: https://www.econbiz.de/10014437008

Digitization and the Contract Labor Market : A Research Agenda

Agrawal, Ajay - 2013

Online contract labor globalizes traditionally local labor markets, with platforms that enable employers, most of whom are in high-income countries, to more easily outsource tasks to contractors, primarily located in low-income countries. This market is growing rapidly; we provide descriptive...

Persistent link: https://www.econbiz.de/10012459138

FinTech Platforms and Asymmetric Network Effects : Theory and Evidence from Marketplace Lending

Cong, Lin William; Tang, Ke; Xie, Danxia; Zhao, Weiyi - National Bureau of Economic Research - 2024

We conceptually identify and empirically verify using marketplace lending data the features distinguishing FinTech platforms from non-financial platforms: (i) Long-term contracts introducing default risk at both the individual and platform levels; (ii) Lenders' investment diversification to...

Persistent link: https://www.econbiz.de/10015145124

Dog Eat Dog : Measuring Network Effects Using a Digital Platform Merger

Farronato, Chiara - 2020

Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single platform may increase consumer welfare if network effects are large or may decrease welfare due to higher prices or reduction in platform variety. We study the net effect of...

Persistent link: https://www.econbiz.de/10012482266

Promoting Platform Takeoff and Self-Fulfilling Expectations : Field Experimental Evidence

Boudreau, Kevin - National Bureau of Economic Research - 2021

The theoretical literature on platforms and network effects predicts that the initial growth and takeoff of a platform crucially depends on the market's expectations of the future installed base. This paper tests this claim, reporting on a field experiment in which invitations to join a newly...

Persistent link: https://www.econbiz.de/10012482543

Technology and Production Fragmentation : Domestic versus Foreign Sourcing

Fort, Teresa C. - 2016

This paper provides direct empirical evidence on the relationship between technology and firms' global sourcing strategies. Using new data on U.S. firms' decisions to contract for manufacturing services from domestic or foreign suppliers, I show that a firm's adoption of communication technology...

Persistent link: https://www.econbiz.de/10012456129

Specialization : Pro- and Anti-globalizing, 1990-2002

Anderson, James E. - 2010

Specialization alters the incidence of manufacturing trade costs to buyers and sellers, with pro-and anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias (the ratio of predicted local trade to predicted frictionless local...

Persistent link: https://www.econbiz.de/10012462358

Globalization and Endogenous Firm Scope

Nocke, Volker - 2006

We develop a theory of multiproduct firms to analyze the effects of globalization on the distributions of firm size … have lower values of Tobin's Q than small firms. Second, it explains the globalization-skewness puzzle documented in the … our model, globalization not only affects the distribution of observed productivities but also productivity at the firm …

Persistent link: https://www.econbiz.de/10012466343

Internationalized Production in Developed and Developing Countries and in Industry Sectors

Lipsey, Robert E. - 1998

Internationalized production, that is, production in a country controlled by firms based in another country, grew from about 4.5% of world output in 1970 to over 7% in 1995. The importance of internationalized output fell substantially in developing countries until around 1990 but has been been...

Persistent link: https://www.econbiz.de/10012472403