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We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade … factors (a sector-specific measure of trade openness, along with common technology and oil price shocks), specific measures of … manufacturing-wide variables are included for each sector. Generalised impulse responses indicate that increased trade openness …
Persistent link: https://www.econbiz.de/10011604777
What is the impact of the removal of barriers to trade on the firms' innovative activities? Does the increase in … competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A …
Persistent link: https://www.econbiz.de/10011421238
We estimate the euro effect on Irish export patterns using a panel of industry data over the period 1993-2004. Our innovation is to account for country and industry specific omitted trending variables bias. We find that the euro effect on Irish exports to the euro area countries relative to the...
Persistent link: https://www.econbiz.de/10010277585
We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 … prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … naturally to a difference in differences estimation, with international differences in trade openness at the sector level …
Persistent link: https://www.econbiz.de/10011506613
This paper examines the relationship between business dynamics and employmenteffects in 320 U.S. Metropolitan Statistical Areas (MSA). Much of the theoretical workon industry dynamics focuses on the role of noisy selection and incomplete informationon entry and survival. We extend this research...
Persistent link: https://www.econbiz.de/10005864873
The UK’s poor productivity performance relative to the US has been a focus for government policy and analysis in recent Budgets and Pre-Budget Reports. Figure 1, where the UK business sector is scaled to 100, shows that US business sector labour productivity (value-added per worker) was just...
Persistent link: https://www.econbiz.de/10005866367
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