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We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill in India to understand the determinants of changes in plant productivity in 2000-2003. During this period there was a 35 percent increase in output with minimal changes in factors of production,...
Persistent link: https://www.econbiz.de/10008614653
The computable general equilibrium models used in the literature tend to be a bit of a black box. This paper provides some intuition behind what goes on in these black boxes by laying out a simple general equilibrium model and intuitively explaining what lies behind the demand for emissions. It...
Persistent link: https://www.econbiz.de/10008614952
This paper revisits the effects of tariffs and quotas in a competitive setting where three results are thought to hold. These are: that quotas are equivalent to specific tariffs, the form of tariffs--specific or ad valorem--does not matter, and that the way in which a quota is allocated has no...
Persistent link: https://www.econbiz.de/10008565643
This paper proposes a new test of the Protection for Sale (PFS) model by Grossman and Helpman (1994). Unlike existing methods in the literature, our approach does not require any data on political organization. We use quantile and quantile IV regressions to do so using the data from Gawande and...
Persistent link: https://www.econbiz.de/10008568036
This paper proposes a new test of the Protection for Sale (PFS) model by Grossman and Helpman (1994). Unlike existing methods in the literature, our approach does not require any data on political organization. We use quantile and quantile IV regressions to do so using the data from Gawande and...
Persistent link: https://www.econbiz.de/10008568133
Using maximum likelihood techniques and monthly panel data we solve and estimate an explicitly dynamic model of criminal behavior where current criminal activity impacts future labor market outcomes. We show that the threat of future adverse effects in the labor market when arrested acts as a...
Persistent link: https://www.econbiz.de/10005400568
The product-line decision of a monopolist is analyzed and used to study the effect of specific and ad valorem taxes on the entire product line. While specific taxes (or quotas) raise average quality, ad valorem taxes may not. The welfare consequences of such policies when the monopolist is a...
Persistent link: https://www.econbiz.de/10005400797
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