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This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …
Persistent link: https://www.econbiz.de/10011543592
Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …
Persistent link: https://www.econbiz.de/10011578753
relationship is concentrated among establishments with low initial levels of labor productivity, capital intensity and skill …
Persistent link: https://www.econbiz.de/10011803703
The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It...
Persistent link: https://www.econbiz.de/10011472473
with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with …
Persistent link: https://www.econbiz.de/10011386602
small losses to Armenia primarily due to a loss of productivity from lost varieties of technologies from the Rest of the … productivity effects …
Persistent link: https://www.econbiz.de/10009269291
small losses to Armenia primarily due to a loss of productivity from lost varieties of technologies from the Rest of the … productivity effects …
Persistent link: https://www.econbiz.de/10009406930
with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with …
Persistent link: https://www.econbiz.de/10011288486
small losses to Armenia primarily due to a loss of productivity from lost varieties of technologies from the Rest of the …
Persistent link: https://www.econbiz.de/10013117411