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CEP discussion paper
Trade protection along supply chains

During the last decades, the United States has applied increasingly high trade protection against China. We combine detailed information on US antidumping (AD) duties— the most widely used trade barrier — with US input-o...Read more...

Chad Bown, Paola Conconi, Aksel Erbahar and Lorenzo Trimarchi

6 January 2021

CEP discussion paper
The comparative advantage of firms

Multiproduct firms dominate production, and their product turnover contributes substantially to aggregate growth. Theories propose that multiproduct firms grow by diversifying into products which need the same know-how o...Read more...

Johannes Boehm, Swati Dhingra and John Morrow

17 April 2019

CEP discussion paper
The inverted-U relationship between credit access and productivity growth

In this paper we identify two counteracting effects of credit access on productivity growth: on the one hand, better access to credit makes it easier for entrepreneurs to innovate; on the other hand, better credit access...Read more...

Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Rémy Lecat and Hélène Maghin

11 December 2018

CEP discussion paper
Organizing global supply chains: input-output linkages and vertical integration

We study whether and how the technological importance of an input – measured by its cost share – is related to the decision of whether to “make” or “buy” that input. Using detailed French international trade data and an ...Read more...

Giuseppe Berlingieri, Frank Pisch and Claudia Steinwender

19 November 2018

CEP report
Urban Capacity and Economic Output

This report was commissioned by the National Infrastructure Commission as part of the evidence base for the National Infrastructure Assessment. The views expressed and recommendations set out in this report are the autho...Read more...

Stephen Gibbons and Daniel J. Graham

9 August 2018

CentrePiece article
in brief...Multinationals and the customs union

Leaving the customs union may lead multinationals to move out of the UK, resulting in the loss of thousands of jobs. That is the conclusion of research by Paola Conconi. She explains that in a customs union, goods cross ...Read more...

Paola Conconi

29 June 2018

CEP discussion paper
From final goods to inputs: the protectionist effect of rules of origin

Recent decades have witnessed a surge of trade in intermediate goods and a proliferation of free trade agreements (FTAs). FTAs use rules of origin (RoO) to distinguish goods originating from member countries from those o...Read more...

Paola Conconi, Manuel García-Santana, Laura Puccio and Roberto Venturini

19 December 2017

CEP discussion paper
Supplier search and re-matching in global sourcing: Theory and evidence from China

In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with...Read more...

Fabrice Defever, Christian Fischer and Jens Suedekum

21 November 2017

CEP discussion paper
Relational contracts and supplier turnover in the global economy

Headquarters and their specialized component suppliers have a vital interest in establishing long-term collaborations. When formal contracts are not enforceable, such efficiency enhancing cooperations can be establi...Read more...

Fabrice Defever, Christian Fischer and Jens Suedekum

8 October 2015

SERC/Urban and Spatial Programme Discussion Paper
Big Plant Closures and Agglomeration Economies

This paper analyses the effects of large manufacturing plant closures on local employment. Specifically, we estimate the net employment effects of the closure of 45 large manufacturing plants in Spain, which relocated ab...Read more...

Jordi Jofri-Monseny, Maria Sánchez-Vidal and Elisabet Viladecans-Marsal

13 July 2015

CEP occasional paper
Medium and Long Run Prospects for UK Growth in the Aftermath of the Financial Crisis

The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market...Read more...

Nicholas Oulton

22 October 2013

CEP discussion paper
Outsourcing and the Rise in Services

This paper investigates the impact of outsourcing on sectoral reallocation in the U.S. over the period 1948-2002. Roughly 40% of the growth of the service sector comes from professional and business services. This is an ...Read more...

Giuseppe Berlingieri

Revised September 2014

CEP discussion paper
Long Term Implications of the ICT Revolution: Applying the Lessons of Growth Theory and Growth Accounting

How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting and the insights from a two-sector growth model to answer this question. The use of a two-sector rat...Read more...

Nicholas Oulton

November 2010

CEP discussion paper
Mapping Prices into Productivity in Multisector Growth Models

Two issues related to mapping a multi-sector model into a reduced-form value-added model are often neglected: the composition of intermediate goods, and the distinction between value added productivity and gross output p...Read more...

L. Rachel Ngai and Roberto M. Samaniego

May 2008

CEP discussion paper
A Simple Model of the Transformational Recession Under a Limited Mobility Constraint

This paper considers the impact on sectoral outputs and employments of rapid and large changes in relative prices, such as those which occurred in transition economies during the 1990s. A simple general equilibrium model...Read more...

Stanislaw Gomulka and John Lane

August 2000