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Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10008822903
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10009314275
find that productivity gains from outsourcing of services activities may be substantial. Reducing local trade costs might …This paper studies how outsourcing of services activities affects TFP at the firm level. Using the universe of buyer …-supplier relationships in Belgium, we first document several new empirical facts about how firms engage in the outsourcing of supporting …
Persistent link: https://www.econbiz.de/10013466942
International trade in capital goods has quantitatively important effects on economic development through capital formation and TFP. Capital goods trade enables poor countries to access more efficient technologies, leading to lower relative prices of capital goods and higher capital-output...
Persistent link: https://www.econbiz.de/10013210472
International trade in capital goods has quantitatively important effects on economic development through capital formation and TFP. Capital goods trade enables poor countries to access more efficient technologies, leading to lower relative prices of capital goods and higher capital-output...
Persistent link: https://www.econbiz.de/10011690972
International trade in capital goods has quantitatively important effects on economic development through two channels: capital formation and aggregate TFP. We embed a multi country, multi sector Ricardian model of trade into a neoclassical growth framework. Our model matches several trade and...
Persistent link: https://www.econbiz.de/10012965731
In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone. When worker’...
Persistent link: https://www.econbiz.de/10010928196
In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone. When worker’...
Persistent link: https://www.econbiz.de/10005435958
In an economy with imperfect labour contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone. When workers'...
Persistent link: https://www.econbiz.de/10005661464
Persistent link: https://www.econbiz.de/10003782989