382 research outputs found
Replication package for "U.S. Market Concentration and Import Competition"
No full text<p>Amiti, Mary, and Sebastian Heise, "U.S. Market Concentration and Import Competition," Review of Economic Studies.</p>
Replication package for "U.S. Market Concentration and Import Competition"
No full text<p>Amiti, Mary, and Sebastian Heise, "U.S. Market Concentration and Import Competition," Review of Economic Studies.</p>
Replication package for "U.S. Market Concentration and Import Competition"
No full text<p>Amiti, Mary, and Sebastian Heise, "U.S. Market Concentration and Import Competition," Review of Economic Studies.</p>
Economic Geography and Wages
No full textThis paper estimates the agglomeration benefits that arise from vertical linkages between firms in the context of Indonesia. The analysis is based on international trade and economic geography theory developed by Krugman and Venables (1995). We identify the agglomeration benefits off the spatial variation in firm level nominal wages. Unusually detailed intermediate input data allow us to more accurately capture spatial input/output linkages than in previous studies. We take account of the location of input suppliers to estimate cost linkages; and the location of demand from final consumers and other firms to estimate demand linkages. The results show that the externalities that arise from demand and cost linkages are quantitatively important and highly localized. An understanding of the extent and strength of spatial linkages is crucial in shaping policies that seek to influence regional development.agglomeration, economic geography, vertical linkages.
Replication Data for: 'Dominant Currencies: How Firms Choose Currency Invoicing and Why It Matters'
No full textThe data and programs replicate tables and figures from "Dominant Currencies: How Firms Choose Currency Invoicing and Why It Matters", by Amiti, Itskhoki, and Konings. Please see the ReadMe file for additional details
Service Offshoring and Productivity: Evidence from the United States
No full textThe practice of sourcing service inputs from overseas suppliers has been growing in response to new technologies that have made it possible to trade in some business and computing services that were previously considered non-tradable. This paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of labor productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller accounting for approximately 5 percent of productivity growth.
Specialisation Patterns in Europe
No full textThe purpose of this paper is to analyse whether specialisation has increased in European Union countries, and to determine whether specialisation patterns are consistent with trade theories. I present evidence of increasing specialisation in European Union countries between 1968 and 1990. I identify which industries have increased in geographical concentration and show that the characteristics of these industries are consistent with what is predicted by trade theories. The industries with increasing geographical concentration are characterised by high scale economies and high proportions of intermediate goods in production, providing support for the new trade theories and the economic geography theories.
Supply- and demand-side factors in global banking
No full textWhat is the role of supply and demand forces in determining movements in international banking flows? Answering this question is crucial for understanding the international transmission of financial shocks and formulating policy. This paper addresses the question by using the method developed in Amiti and Weinstein (forthcoming) to exactly decompose the growth in international bank credit into common shocks, idiosyncratic supply shocks, and idiosyncratic demand shocks for the 2000-16 period. A striking feature of the global banking flows data can be characterized by what we term the "Anna Karenina Principle": all healthy credit relationships are alike, but each unhealthy credit relationship is unhealthy in its own way. During non-crisis years, bank flows are well explained by a common global factor and a local demand factor. But during times of crisis flows are affected by idiosyncratic supply shocks to a borrower country's creditor banks. This has important implications for why standard models break down during crises
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