Results 131 to 140 of about 184,311 (271)
Abstract This study examines the development of purchasing power parity between Singapore and Britain during the 19th century. Using new monthly data from 1831 to 1872, it finds that real exchange rates became more stable after the late 1850s. This convergence was supported by growing connections in international bullion markets, which reduced exchange
Atsushi Kobayashi
wiley +1 more source
Market regulation and productivity: The case of the Canadian Wheat Board
Abstract Changes to regulatory environments influence firm‐level incentives, which can move the productivity frontier or reposition firms within an existing frontier. Estimating causal effects of policy changes requires a credible counterfactual for productivity in the absence of policy change.
Ryan Cardwell, Pascal L. Ghazalian
wiley +1 more source
Abstract An important debate in the field of strategy and industrial organization economics has long focused on whether the industry environment or firm idiosyncrasies have a greater impact on firm performance. However, cooperatives have been excluded from this inquiry, despite profits being the primary means to achieve their social objectives.
Pablo Doucet, Marta Solórzano‐García
wiley +1 more source
ABSTRACT This paper examines how labor‐supply responsiveness, captured by the inverse Frisch elasticity, shapes wage inequality in the presence of directed technical change and automation. We develop a dynamic general equilibrium model with task‐based production, heterogeneous labor, and endogenous R&D.
Óscar Afonso
wiley +1 more source
Environmentally adjusted productivity growth and shadow prices for dairy farms
Abstract We estimate the environmentally adjusted productivity growth and shadow price for Ontario dairy farms. We use an input‐oriented directional distance function and farm‐level data from 2000 to 2020. First, we find that while GHG emissions per cow increase with higher milk yields, emission intensity decreases as milk yield per cow increases.
Bibek Dahal +2 more
wiley +1 more source
Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
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Economic performance of introduced cassava processing technologies in coastal regions, Tanzania. [PDF]
Theodory M.
europepmc +1 more source
Creative disruption: technology innovations during unexpected turmoil
Abstract The 2020 pandemic shock created both local and global turmoil, increasing uncertainty and decreasing production. Utilizing a new survey on Norwegian firms' digitalization and technology investments, linked to population‐wide register data, we show that the pandemic massively disrupted the technology investment plans of firms, in terms of both ...
Erling Barth +2 more
wiley +1 more source
Stranded assets in European agriculture during food system transformations. [PDF]
Kortleve AJ +5 more
europepmc +1 more source
Public investment multipliers revisited: the role of production complementarities
Abstract This paper revisits the issue of the public investment multiplier through the lens of complementarity or substitutability between private inputs and public infrastructure capital. Our main result is that public investment multipliers are much larger than in the literature when private inputs and public capital are good complements relative to ...
Vasiliki Dimakopoulou +2 more
wiley +1 more source

