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A Dynamic Analysis of the Market for Wide-Bodied Commercial Aircraft

Benkard, C. Lanier - 2000

This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...

Persistent link: https://www.econbiz.de/10012471051

Do Industrial Relations Affect Plant Performance? : The Case of Commercial Aircraft Manufacturing

Kleiner, Morris M. - 1999

This study analyzes the impact of major industrial relations variables on productivity within a plant that assembles large commercial aircraft. The analysis combines the deep firm- specific knowledge of management and labor typical of the best of traditional industrial relations with formal...

Persistent link: https://www.econbiz.de/10012471367

Learning and Forgetting : The Dynamics of Aircraft Production

Benkard, C. Lanier - 1999

This paper introduces a new cost dataset for a commercial aircraft firm and uses this data to analyze the dynamics of learning in commercial aircraft production. This dataset is found to be inconsistent with the simple learning hypothesis, and particularly the prediction that a firm's unit cost...

Persistent link: https://www.econbiz.de/10012471667

Spillover Effects of IP Protection in the Inter-war Aircraft Industry

Hanlon, Walker - 2019

Can granting IP protection to producers of one good affect the innovation rate in other related goods? To answer this question we exploit a unique policy experiment in the inter-war military aircraft industry. Airframe designs had little IP protection before 1926, but changes passed by Congress...

Persistent link: https://www.econbiz.de/10012480433

Airbus versus Boeing Revisited : International Competition in the Aircraft Market

Irwin, Douglas A. - 2001

This paper examines international competition in the commercial aircraft industry. We estimate a discrete choice, differentiated products demand system for wide-body aircraft and examine the Airbus-Boeing rivalry under various assumptions on firm conduct. We then use this structure to evaluate...

Persistent link: https://www.econbiz.de/10012470067

Two-Sided Learning, Labor Turnover and Displacement

Pfann, Gerard A. - 2001

We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an empirical version of the model using personnel data from Fokker Aircraft that cover the path of layoffs and quits through its bankruptcy. We find that the firm learns about its...

Persistent link: https://www.econbiz.de/10012470451

Displaced Capital

Ramey, Valerie A. - 1998

This paper studies the efficiency with which physical capital can be reallocated across sectors. It presents a model of a firm selling specialized capital in a thin resale market. The model predicts that the selling price depends not only on the sectoral specificity of capital, but also on the...

Persistent link: https://www.econbiz.de/10012472039

Who Benefits From The Export-Import Bank Aid?

Benmelech, Efraim; Monteiro, Joao - National Bureau of Economic Research - 2023

We study the effectiveness of government aid to exporters by exploring an exogenous shock that affected the ability of the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers. We focus on Boeing, the largest individual recipient of...

Persistent link: https://www.econbiz.de/10014337795

Tasks, Automation, and the Rise in US Wage Inequality

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2021

by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation … capital. Automation technologies expand the set of tasks performed by capital, displacing certain worker groups from … between 1980 and 2016. Our task displacement variable captures the effects of automation technologies (and to a lesser degree …

Persistent link: https://www.econbiz.de/10012585404

Simulating Endogenous Global Automation

Benzell, Seth G.; Kotlikoff, Laurence J.; LaGarda, Guillermo - National Bureau of Economic Research - 2021

evaluate the global consequences of automation. Automation, modeled as capital- and high-skill biased technological change, is … a range of foundational models of automation. In our baseline scenario, automation has a moderate effect on regional … of the advanced technology and providing universal basic income to share gains from automation. The former policy can …

Persistent link: https://www.econbiz.de/10012629440