Trade shocks and factor adjustment frictions: Implications for investment and labor

When export opportunities arise, the gains from trade can only be materialized if the economy adjusts. In order to expand and meet new markets, firms must hire new workers and tune their capital stock by investing in product lines, machines and equipment. If this process is costly and imperfect, the...

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Detalles Bibliográficos
Autores principales: Artuç, Erhan, Bet, Carlos Germán, Brambilla, Irene, Porto, Guido
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 2013
Materias:
Ciencias Económicas
trade shocks
capital adjustment costs
labor motility
firm heterogeneity
investment
labor market dynamics
inversión
JEL: F6, F16
empleo
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/46229
http://www.depeco.econo.unlp.edu.ar/doctrab/doc101.pdf
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata

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