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作者:Feenstra, RC; Hanson, GH
作者单位:University of California System; University of California San Diego; University of California System; University of California Davis; National Bureau of Economic Research
摘要:We develop a simple model of international outsourcing and apply it to processing trade in China. Export processing involves a foreign firm contracting with a Chinese factory manager to assemble intermediate inputs into a final product. Whether the same or different parties should have ownership of the processing factory and control over input purchases depends on parameters of the model, which we estimate. We find that multinational firms engaged in export processing in China tend to split fa...
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作者:Oster, E
作者单位:Harvard University
摘要:Forty million people are infected with HIV worldwide; twenty-five million of them are in Sub-Saharan Africa. This paper addresses the question of why Africa has been so heavily affected by HIV, and what explains the variation within Africa. I present a model that decomposes epidemic level into differences in sexual behavior and differences in viral transmission rates. I argue, using evidence drawn from the existing medical literature, that Africa has very high HIV transmission rates, likely du...
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作者:Aghion, P; Bloom, N; Blundell, R; Griffith, R; Howitt, P
作者单位:Harvard University; University of London; London School Economics & Political Science; University of London; University College London; Brown University
摘要:This paper investigates the relationship between product market competition and innovation. We find strong evidence of an inverted-U relationship using panel data. We develop a model where competition discourages laggard firms from innovating but encourages neck-and-neck firms to innovate. Together with the effect of competition on the equilibrium industry structure, these generate an inverted-U. Two additional predictions of the model-that the average technological distance between leaders an...
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作者:Jones, CI
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research
摘要:This paper views the standard production function in macroeconomics as a reduced form and derives its properties from microfoundations. The shape of this production function is governed by the distribution of ideas. If that distribution is Pareto, then two results obtain: the global production function is Cobb-Douglas, and technical change in the long run is labor-augmenting. Kortum showed that Pareto distributions are necessary if search-based idea models are to exhibit steady-state growth. H...