0000000000994103
AUTHOR
Maria Bas
Trade Liberalization and Heterogeneous Technology Investments
We propose a trade model where heterogeneous firms decide on a productivity-enhancing technology investment. The model analyzes the impact of multilateral trade liberalization on firm- and industry-level productivity. Freer trade increases the incentives to invest in technology by raising export profits. It also dampens these incentives, however, as profits stemming from domestic sales are reduced. Only exporters benefit from the former positive effect. The shape of the distribution of efficiency draws, the level of trade costs and the technology intensity of the industry are key elements removing the ambiguities regarding the net impact of trade liberalization.
High-resolution records of growth temperature and life history of two Nacella limpet species, Tierra del Fuego, Argentina
Stable isotope ratios in patelloid limpets of the genus Patella have been established as proxies for coastal environmental change at sub-monthly resolution along the eastern North Atlantic and Mediterranean Sea. Nacella deaurata (Gmelin, 1791) and N. magellanica (Gmelin, 1791) are common intertidal species of patelloid limpets inhabiting the coast of Tierra del Fuego, Argentina/Chile and are commonly found in Holocene archaeological deposits. Here, we examine oxygen and carbon isotope ratios (δ18Oshell and δ13Cshell, respectively) of modern specimens of N. deaurata and N. magellanica to test the hypotheses that: 1) they form their shells in isotopic equilibrium with ambient water; and 2) pr…