Exporters, jobs, and wages in U.S. manufacturing: 1976-1987
Article Abstract:
The debate on trade policy direction has become controversial and has elicited greater public attention. Free trade advocates believe lower trade barriers will reduce the costs of commodities and will provide additional markets for exporters. Opponents, however, insist that the consequence of trade openness is a lower standard of living and fewer jobs for Americans. It was concluded that exporters have an important role to play in an economy and that manufacturing facilities should be capable of both domestic and foreign sales. A comment on and general discussion of the article are also included.
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1995
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Transaction costs, regulation, and subcontracting at nuclear power plants
Article Abstract:
The imposition of federal restrictions regarding the degree of radioactive exposure among workers has created substantial changes in the firm-specific assets and contracting procedures of electric utilities. During the 1978-1986 period, nuclear power plants witnessed a significant increase in the use of contractors. The period mentioned was further characterized by an increased hiring rate for contract employees, particularly for jobs requiring high radioactive exposure and firm-specific assets are vital.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1998
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Spot market mechanism design and competitivity issues in electric power
Article Abstract:
A comparison is presented between two market mechanism designs used in electricity markets. The market efficiency, price competitivity and profitability of sealed bid offer and uniform price double auction mechanisms are compared.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
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