In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Michael Peters | Yale Economic Growth Center Home People Michael Peters Faculty Associate Professor of Economics Contact P. 203-436-8475 E. m.peters@yale.edu Expertise Development Economics, International Trade, Macroeconomics Website Download C.V. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. Allen Head. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. By building a solid foundation in the mechanics of preparing and analyzing financial statements, performance measurement (Return on Equity), and decision-making with the help of data analytics, Financial Accounting, 11th Edition helps students better prepare to be effective and successful business professionals. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. In the rst version contracts are exchanged on a competitive market in which traders expectations concerning conditions Expand 7 View 1 excerpt, references background Game-Playing Agents: Unobservable Contracts as Precommitments M. Katz Macroeconomics Economic Growth Urban Economics. Title . armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com A minor in economics is open to students enrolled in any college. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. EU Economic Policy and Architecture after Covid, DP13700 Firm Size, Quality Bias and Import Demand, International Trade and Regional Economics, DP12237 Firm Size and the Intensive Margin of Import Demand, DP11721 The Gains from Input Trade with Heterogeneous Importers. Entrepreneurship, by Robert Hisrich, Michael Peters and Dean Shepherd has been designed to clearly instruct students on the process of formulating, planning, and implementing a new venture. Together with my colleague Costas Arkolakis and Sun Kyoung Lee at Michigan, we work on a project on the link between migration and economic development in the US between 1880 and 1920 where we try to carefully measure differences in innovation potential between migrants from different countries. Before joining Yale University, he held a position at the London School of Economics. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. His research mostly focuses on macroeconomics, economic development and growth, and international trade. What are the policy implications, if any, of this research? Please note that most corrections can take a couple of weeks to filter through the various RePEc services. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Market Size and Spatial GrowthEvidence From Germany's Post-War Population Expulsions, Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries, The Gains from Input Trade with Heterogeneous Importers, American Economic Journal: Macroeconomics, Heterogeneous Markups, Growth, and Endogenous Misallocation, Cowles Foundation for Research in Economics, Yale Federal Statistical Research Data Center. All Rights Reserved. The model can be solved analytically and allows for a precise theoretical characteri-zation of the underlying determinants of market power and its macroeconomic conse-quences. U Akcigit, H Alp, M Peters. Michael Peters Economics Department, Yale University Verified email at . A six-time winner of the McKinsey Award for the best Harvard Business Review article of the year, Professor Porter is the most cited author in business and economics. Michael Peters Economics Department, Yale University Verified email at yale.edu. ", Peters, Michael & Severinov, Sergei, 2006. In my research I focus primarily on economic growth and long-run economic development. Virtually all theories of economic growth predict a positive relationship between population size and productivity. Penn State now offers a two-year program designated only for the M.A. Their, This "Cited by" count includes citations to the following articles in Scholar. What were the results? ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. To link different versions of the same work, where versions have a different title, use this form. I think there are so many related interesting and important questions to work on. Large and persistent increase in the size of the local population; It spurred local industrialization by increasing labor in the manufacturing sector and decreasing labor in the agriculture sector; and. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. I think we need more work to understand what happens when the population shrinks. Michael Peters from Yale will present Spatial Structural Change. Phone (613) 533-2250 Fax (613) 533-6668 Email https . He received his PhD from the Massachusetts Institute of Technology (MIT) and held an Assistant Professor position at the London School of Economics before joining Yale. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. For example, the US Military Government in Bavaria, published an internal report which explicitly discussed how the arrival of the refugees in rural Bavaria presented opportunities for firms to move to locations near idle workers. . Peters,M. ", Sergei Severinov & Michael Peters, 2004. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. The following articles are merged in Scholar. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. Verified email at columbia.edu - Homepage. Cited by. ", Halevy, Yoram & Peters, Michael, 2007. Speaker(s) Location. Verified email at yale.edu. Fabrizio Zilibotti. Research. Market Size and Spatial GrowthEvidence From Germany's Post-War Population Expulsions, Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries, Heterogeneous Markups, Growth, and Endogenous Misallocation. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. In his research he focuses on economic growth and long-run economic development. Michael Peters, Conor Walsh Economics SSRN Electronic Journal 2019 A growing body of empirical research highlights substantial changes in the US economy during the last three decades. The first months where very discouraging because so little data seemed to have survived. ", Peters, Michael & Severinov, Sergei, 2003. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Finally, he studied the process of structural change, both in the US in the past and for present-day India, emphasizing the consequences on inequality across both people and space. (2006). Ming Xu. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . The large inflows led to persistent changes in the sectoral composition of the local economy. Michael Peters Published 1 October 2021 Economics SSRN Electronic Journal Virtually all theories of economic growth predict a positive relationship between population size and productivity. Increases in per-capita income, particularly in the long run. Virtual. American Economic Review. Columbia University. These mass migrations also led to a long-term increase in income-per-capita for the aggregate economy: a 10 percent increase in the share of refugees increased income per capita by roughly 56 percent after 15 years, and roughly 12 percent after 25 years. Try again later. Yale University - Department of Economics; Yale University - Cowles Foundation. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Box 21345, New . . Professor email Michael.Peters@ubc.ca phone 604 822 4418 location_on Iona Building 108 launch Personal Website file_download Download CV Research Area Theory About I am a Professor in the Vancouver School of Economics. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. The Geography of Remote Work . 19 0 obj <> endobj 28 0 obj <>/Filter/FlateDecode/ID[<70ADE99825F75C65B66EE155A86C2D05>]/Index[19 25]/Info 18 0 R/Length 64/Prev 76524/Root 20 0 R/Size 44/Type/XRef/W[1 2 1]>>stream The US is clearly the prime example of a country that was able to attract high-skilled migrants for a good part of the last 150 years. Michael Peters Economics Department, . Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. How do local economies respond to large increases to the size of their population? endstream endobj startxref 0 %%EOF 43 0 obj <>stream Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. At a very general level, I am pretty confident that population density leads to higher productivity and there is a large empirical literature in urban economics that provides evidence for this to be the case. His research mostly focuses on macroeconomics, economic development and growth, and international trade. . The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). I would love to see more quantitative work on the consequences of migration that takes such differences into account. ", Peters, Michael & Severinov, Sergei, 1997.

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