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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...
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Recent theories of economic geography suggest that firms in the same industry may be drawn to the same locations because proximity generates positive externalities or 'agglomeration effects.' Under this view, chance events and government inducements can have a lasting influence on the...
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In this paper we present for the first time estimates of cost and efficiency differences between U.S. and Japanese producers based on an econometric cost function methodology rather than the accounting frameworks previously used. We demonstrate that the cost difference estimates for 1979 which...
Persistent link: https://www.econbiz.de/10012477227
In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of short-run disequilibrium in this industry-variations'...
Persistent link: https://www.econbiz.de/10012477344
This chapter examines several key issues in the "polarization" debate. Should one be using wage or income data, and before or after income tax? How refined are aggregate countrywide job classifications when job tasks essentially differ by firms? Is polarization a universal phenomenon, or is it...
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