Calendrier du 27 juin 2023
Paris Trade Seminar
Du 27/06/2023 de 14:30 à 16:00
PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
MORROW John (Kings College London)
Firms in Product Space: Adoption, Growth, and Competition
écrit avec Luca Macedoni and Vlad Tyazhelnikov
Which products are produced together or potentially produced? Can any firm eventually supply any new demand? Standard product classifications contain answers to these questions by representing an inherent product space firms operate in, but in practice they represent multiple organizational relationships. Taking a production based approach using multi-product production patterns within and across firms, we recover a continuous cost based distance between pairs of products and firms. Product distance implies a product adoption path, with each rank of product distance decreasing adoption frequency by .7 percent relative to base and the 5 percent of closest products explain 14 per cent of adoptions. When export demand for unproduced products induces domestic adoption, closer firms supply them. Having a nearby product increases sales and scope growth, as does being further away from the average firm. Having a nearby firm increases focus on core products and the likelihood of merging.
Applied Economics Lunch Seminar
Du 27/06/2023 de 12:30 à 13:30
R1-15
ÁLVARO Zúñiga-Cordero ()
Globalization, income inequality and political realignment: the transition from a two-party to a multi-party electoral system in Costa Rica
This study examines the increasing number of electoral parties in democracies worldwide, focusing on the case of Costa Rica. It investigates whether the changing political landscape in the country since 2002 is a response to rising inequality and exposure to globalization (including trade, foreign direct investment, and tourism). Costa Rica has experienced a growth in income inequality since the 1990s and has signed significant Free Trade Agreements (FTAs) with the United States, China, and the European Union. This project contributes to the literature on globalization and electoral outcomes by exploring political realignment in a developing country with a long democratic tradition. Additionally, it uniquely combines two sets of administrative data at the individual level to analyze the impact of globalization and inequality on electoral outcomes. The findings reveal that districts with higher income inequality exhibit lower voter turnout in presidential and local elections, increased electoral volatility, reduced support for traditional parties, and more support for pro-globalization and conservative parties. A positive but declining correlation between income and turnout emerges when using individual-level data, demonstrating the connection between income changes, and voting behaviour. Hence, this research provides insights into the interplay between globalization, inequality, and electoral outcomes, shedding light on political dynamics in developing democracies and highlighting the implications of income changes on individual voting behaviour and aggregate voter turnout.