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The extremely large disparities in employment rates across Italian regions, and the bad performance of the Italian economy in terms of job creation in the 80´s and early 90´s make job creation a top-priority in the economic policy agenda. This paper uses data on employment from 784 Local Labor...
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The recent dismal performance of overall job creation has left Italy, as of the end of the 90's, with very low participation and high unemployment rates. Moreover, Italy exhibits a large regional dispersion of those variables when compared to similar European Union economies. The present paper,...
Persistent link: https://www.econbiz.de/10005080238
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The extremely large disparities in employment rates across Italian regions, and the bad performance of the Italian economy in terms of job creation in the 80´s and early 90´s make job creation a top-priority in the economic policy agenda. This paper uses data on employment from 784 Local Labor...
Persistent link: https://www.econbiz.de/10004989395
Persistent link: https://www.econbiz.de/10001992450
We present a factor-proportions trade model in which heterogeneous firms can offshore intermediate inputs subject to fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor-intensive inputs to the labor-abundant countries than...
Persistent link: https://www.econbiz.de/10011388202
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In export-oriented emerging Asia, real depreciations are associated with faster...
Persistent link: https://www.econbiz.de/10012140660
We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...
Persistent link: https://www.econbiz.de/10011931946