1,721,001 research outputs found
“The People Want the Fall of the Regime”:Schooling, Political Protest, and the Economy
Get PDFWe examine several hypotheses regarding the determinants and implications of political protest, motivated by the wave of popular uprisings in Arab countries starting in late 2010. While the popular narrative has emphasized the role of a youthful demography and political repression, we draw attention back to one of the most fundamental correlates of political activity identified in the literature, namely education. Using a combination of individual-level micro data and cross-country macro data, we highlight how rising levels of education coupled with economic under-performance jointly provide a strong explanation for participation in protest modes of political activity as well as incumbent turnover. Political protests are thus more likely when an increasingly educated populace does not have commensurate economic gains. We also find that the implied political instability is associated with heightened pressures towards democratization.
DID AMERICAN DEINDUSTRIALIZATION DELIVER VOTES TO TRUMP? A COUNTY-LEVEL ANALYSIS OF THE 2016 U.S. PRESIDENTIAL ELECTION.
No full textBachelor'sBachelor of Social Sciences (Honours
DID THE ASEAN-CHINA FREE TRADE AREA (ACFTA) ACTUALLY INCREASE ASEAN COUNTRIES' EXPORTS TO CHINA?
No full textBachelor'sBachelor of Social Sciences (Honours
Estimating market power for the european manufacturing industry between 2000 and 2014
Get PDFWe would like to thank Pol Antràs and Davin Chor for help on measuring Upstreamness Index. We also would like to thank Chiara Criscuolo for further support on research papers
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Skilled and Unskilled Wages in a Globalizing World, 1968-1998
No full textThis paper constructs a data set on purchasing-power-parity (PPP) adjusted skilled and unskilled wages in 139 countries for the period 1968-1998, based on the International Labor Organization's (ILO) annual October Inquiry and the Freeman and Oostendorp (2000) Occupational Wages Around the World (OWW) le. It nds strong evidence for the existence of well-integrated markets for skilled and unskilled labor, justifying the approach of constructing a skilled wage series and an unskilled wage series. Several signicant results emerged from an analysis of a representative subset of 67 countries which provided unbroken coverage for 1970-1994: (i) there is striking evidence of unconditional convergence in the skilled-unskilled wage ratio worldwide; (ii) this relative wage convergence was especially strong within a "club" of open economies, suggesting that Heckscher-Ohlin-Sameulson mechanisms might be at work; and (iii) there is a relatively weak pattern of convergence in unskilled real wages, implying that the claim of "Divergence, Big Time" (Pritchett 1997) has to be qualied when factor markets are studied instead of aggregate incomes.Wages, purchasing-power-parity
Subsidies for FDI: Implications from a Model with Heterogenous Firms
Get PDFThis paper develops a two-country version of the Helpman, Melitz and Yeaple (2004) model with heterogenous firms to analyze the welfare effects of subsidy schemes to attract multinationals.
Considering policies financed by a tax on labor income, I show formally that the use of a small cost subsidy by the host country to multinational firms raises welfare in that country. This welfare improvement stems from a selection effect: The subsidy attracts the most productive home country exporters to switch to servicing the foreign market via FDI, allowing foreign consumers to access these firms' products at a lower price by saving on cross-border transport costs. This consumption gain to the foreign country outweighs the direct costs of funding the subsidy precisely because it is the most productive home country exporters that respond to the FDI subsidy. Some benchmark calibrations show that the magnitude of the welfare gains from a subsidy to variable costs is substantially larger than from a subsidy to the fixed cost of conducting FDI. Intuitively, a variable cost subsidy also helps to raise the inefficiently low output levels of each firm
stemming from their mark-up pricing powerFDI subsidies, heterogenous firms
Unpacking Sources of Comparative Advantage : A Quantitative Approach
Get PDFThis paper develops an approach for quantifying the importance of different sources of comparative advantage for country welfare. To explain patterns of specialization, I present a multi-country trade model that extends Eaton and Kortum (2002) to predict industry trade ows. In this framework, comparative advantage is determined by the interaction of country and industry characteristics, with countries specializing in industries whose specific production needs they are best able to meet with their factor endowments and institutional strengths. I estimate the model parameters on a large dataset of bilateral trade ows, presenting results from both a baseline OLS approach, as well as a simulated method of moments (SMM) procedure to account for the prevalence of zero trade ows in the data. I apply the model to explore various quantitative questions, in particular how much distance, Ricardian productivity, factor endowments, and institutional conditions each matter for country welfare in the global trade equilibrium. I also illustrate the shift in industry composition and the accompanying welfare gains in policy experiments where a country raises its factor endowments or improves the quality of its institutions.Comparative Advantage, bilateral trade flows, Gravity, Ricardian model, Factor Endowments, institutional determinants of trade, simulated method of moments
Discussion of Balistreri, Hillberry, and Rutherford (2007):“Structural Estimation and Solution of International Trade Models with Heterogeneous Firms"
No full textDiscussion of Balistreri, Hillberry, and Rutherford (2007):“Structural Estimation and Solution of International Trade Models with Heterogeneous Firms”Trade models, Structural Estimation
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