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作者:Fan, Jingting; Lu, Yi; Luo, Wenlan
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Tsinghua University
摘要:A key input to quantitative evaluations of transport infrastructure projects is their impact on transport costs. We propose a new method of estimating this impact relying on widely accessible customs data: by using the route choice of exporters. We combine our method with a spatial equilibrium model to study the effects of the massive expressway construction in China between 1999 and 2010. We find transport costs are 20% lower on expressways than on regular roads. The expressways construction ...
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作者:Sugita, Yoichi; Teshima, Kensuke; Seira, Enrique
作者单位:Keio University; Hitotsubashi University; Instituto Tecnologico Autonomo de Mexico; Michigan State University
摘要:This paper studies how exporting and importing firms match based on their capability by investigating the change in such exporter-importer matching during trade liberalization. During the recent liberalization of the Mexico-U.S. textile and apparel trade, exporters and importers often switch their main partners as well as change trade volumes. We develop a many-to-many matching model of exporters and importers where partner switching is the principal margin of adjustment, featuring Beckerian p...
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作者:[Anonymous]
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作者:Fry, Caroline Viola
作者单位:University of Hawaii System; University of Hawaii Manoa
摘要:When crises such as disease outbreaks occur in low-income countries, the global response can influence the output of researchers in the most affected locations. This paper investigates the impact of the 2014 West African Ebola epidemic on publication outcomes of endemic country scientists. Driven by collaborations with high-income country scientists in Ebola publications, endemic country scientists with relevant experience increase their publication output. However, the productivity of scienti...
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作者:Feunou, Bruno; Jean-Sebastien, Fontaine
作者单位:Bank of Canada
摘要:We build a model of bond yields in an economy with secular changes to inflation, real rate, and output growth. Long-run restrictions identify nominal shocks that do not influence the long-run real rate and output growth. Before the anchoring of inflation around the mid-1990s, nominal shocks lifted the output gap and inflation. This led to a higher and steeper yield curve because the short rate was expected to peak after several quarters, following declines in the responses of growth and inflat...
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作者:Kuhn, Jeffrey; Younge, Kenneth; Marco, Alan
作者单位:University of North Carolina; University of North Carolina Chapel Hill; Swiss Federal Institutes of Technology Domain; Ecole Polytechnique Federale de Lausanne; University System of Georgia; Georgia Institute of Technology
摘要:The United States patent system is unique in that it requires applicants to cite documents they know to be relevant to the examination of their patent applications. Lampe (2012) presents evidence that applicants strategically withhold 21%-33% of relevant citations from patent examiners, suggesting that many patents are fraudulently obtained. We challenge this view. We first show that Lampe's empirical design is inconsistent with both legal standards and standard operating procedures, including...
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作者:Downey, Mitch
作者单位:Stockholm University
摘要:Politicizing the investigation of politically active groups is harmful for both the justice system and democratic accountability. I test whether members of the U.S. Congress affect the investigation and prosecution of politically active labor unions. Union officers are 1.5 percentage points more likely to be prosecuted when their supported candidate barely loses instead of barely wins (compared to the 3% base rate). Anecdotal evidence and a novel decomposition suggest a role for both union-sup...
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作者:Crawford, Ian; Neary, J. Peter
作者单位:University of Oxford; University of Oxford; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut
摘要:Changes in product characteristics on the extensive margin (the addition of new features and the removal of old ones) are an important and hitherto neglected dimension of quality change. Standard techniques for adjusting price indices for new goods cannot handle such changes satisfactorily, and this leads to an economically and statistically significant bias in the measurement of prices and real output. We combine insights from the theories of exact index numbers and demand for characteristics...
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作者:Lazuka, Volha
作者单位:University of Southern Denmark; Lund University; IZA Institute Labor Economics
摘要:Being born in a hospital versus having a traditional birth attendant at home represents the most common early life policy change worldwide. By applying a difference-in-differences approach to register-based individual-level data on the total population, this paper explores the long-term economic effects of the opening of new maternity wards as an early life quasi-experiment. It first finds that the reform substantially increased the share of hospital births and reduced early neonatal mortality...
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作者:Einav, Liran; Finkelstein, Amy; Mahoney, Neale
作者单位:Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT)
摘要:There is substantial waste in U.S. healthcare but little consensus on how to combat it. We identify one source of waste: long-term care hospitals (LTCHs). Using the entry of LTCHs into hospital markets in an event study design, we find that most LTCH patients would have counterfactually received care at Skilled Nursing Facilities-facilities that provide medically similar care but are paid significantly less-and that substitution to LTCHs leaves patients unaffected or worse off on all dimension...