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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23834 |
来源ID | Working Paper 23834 |
Too Much of a Good Thing? Labor Market Imperfections as a Source of Exceptional Exporter Performance | |
Carsten Eckel; Stephen R. Yeaple | |
发表日期 | 2017-09-18 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Ex-post firm heterogeneity can result from different strategies to overcome labor market imperfections by ex-ante identical firms—with far-reaching consequences for the welfare effects of trade. With asymmetric information about workers’ abilities and costly screening, in equilibrium some firms screen and pay wages based on the true productivity of their workers, and some firms do not screen and pay wages based on the average productivity of their workforce. Screening firms are larger, attract better workers and pay lower effective wages. This results in excessive consumption of resources by large firms relative to the social optimum. Trade liberalization then has an ambiguous effect on aggregate welfare: lower trade costs improve access to foreign goods but also exacerbate the labor market distortion as more resources are transferred to large firms. The model highlights the need to know why firms “excel” before drawing welfare conclusions regarding cross firm reallocations of resources. |
主题 | International Economics ; Trade ; Labor Economics ; Labor Compensation ; Labor Market Structures |
URL | https://www.nber.org/papers/w23834 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581507 |
推荐引用方式 GB/T 7714 | Carsten Eckel,Stephen R. Yeaple. Too Much of a Good Thing? Labor Market Imperfections as a Source of Exceptional Exporter Performance. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23834.pdf(584KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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