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Going forward, U.S. vehicle production will likely include more electric vehicles (EVs) and fewer vehicles with internal combustion-engines (ICEs). This may decrease the aggregate number of workers needed in the automotive supply chain, with decreases in engine and transmission manufacturing...
Persistent link: https://www.econbiz.de/10014078493
productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010299237
productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010509836
Persistent link: https://www.econbiz.de/10014303862
Multimarket contact is perceived to be one of those factors, which can facilitate and sustain implicit collusive (cooperative) arrangements. This paper attempts to develop new approaches to study the interdependence of firm behaviour across markets, especially in the context of differentiated...
Persistent link: https://www.econbiz.de/10010298700
This paper uses the 2015 Volkswagen emissions scandal as a natural experiment to provide causal evidence that group reputation externalities matter for firms. Our estimates show statistically and economically significant declines in the U.S. sales and stock returns of, as well as public...
Persistent link: https://www.econbiz.de/10011780469
This study examines how industry peers share information when they are engaged in tacit collusion. We develop a model of firms' information sharing and production decisions and use it to establish that firms engaged in tacit collusion are more likely to share information when current market...
Persistent link: https://www.econbiz.de/10012856190
In many markets, consumers visit stores and physically inspect products before making purchase decisions. We view the inspection of a product at a retail location as a search for product fit. We quantify the cost and benefit from searching for product fit using a discrete choice model of demand...
Persistent link: https://www.econbiz.de/10012846356
This paper examines the production and political responses of the Big Three auto assemblers to the penetration of the North American market by Japanese auto assemblers over the 1955-95 period, using the technological competition model to analyze three successive challenges faced by the Big...
Persistent link: https://www.econbiz.de/10012848747
The European automotive industry is the second largest manufacturer of motor vehicles worldwide (after China) and generates directly and indirectly millions of jobs EU-wide. It is characterized by a high degree of export orientation and the largest share of exports can be ascribed to the US...
Persistent link: https://www.econbiz.de/10011344131