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Irreversibilities in fixed capital adjustment: Evidence from Mexican and Colombian plants

โœ Scribed by R Gaston Gelos; Alberto Isgut


Book ID
117332110
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
84 KB
Volume
74
Category
Article
ISSN
0165-1765

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## Abstract This paper analyzes the effects of trade and outsourcing on the transition probabilities of employment between sectors, using a dynamic multinomial logit framework with fixed effects. The data cover a sample of individual Austrian male workers over the period 1988โ€“2001. Our results stro