Thierry Mayer
Datos Biográficos
| ID | 3713469 |
|---|---|
| NOMBRE | Thierry Mayer |
| NOMBRES | Thierry |
| APELLIDO | Mayer |
| FIRMA | MAYER T |
| AFILIACIONES | Institut d'Etudes Politiques de Paris |
| ORCID | 0000-0003-2098-3887 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 41 |
| TOTAL DE CITAS | 97 |
| TOTAL COMO AUTOR | 41 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1951 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2026 |
| ÍNDICE H | 5 |
Poor Substitutes? Counterfactual Methods in Industrial Organization and Trade Compared
Constant elasticity of substitution (CES) demand for monopolistically competitive firm varieties is a standard tool for models in international trade and macroeconomics. Intervariety substitution in this model follows a simple share proportionality rule. In contrast, the standard tool kit in industrial organization (IO) estimates a system in which cross-elasticities depend on similarity in observable attributes. The gain in realism from the IO ap…
Tastes, geography and culture
Free Trade Agreements and the Movement of Business People
Free Trade Agreements and the movement of business people
Using provisions to ease the movement of business visitors in trade agreements, we show that removing barriers to the movement of business people promotes trade. We document the increasing complexity of Free Trade Agreements (FTAs) and develop an algorithm that combines machine learning and text analysis techniques to examine the content of FTAs. We use the algorithm to determine which FTAs include provisions to facilitate the movement of busines…
Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms
Suárez Serrato and Zidar (2016) identify state corporate tax incidence in a spatial equilibrium model with imperfectly mobile firms. Their identification argument rests on comparative statics omitting a channel implied by their model: the link between common determinants of a location’s attractiveness and the average idiosyncratic productivity of firms choosing that location. This compositional margin causes the labor demand elasticity to be inde…
The Economic Incentives of Cultural Transmission
This paper studies how economic incentives influence cultural transmission, using a crucial expression of cultural identity: child naming decisions. Our focus is on Arabic versus non-Arabic names given in France over the 2003–2007 period. Our model of cultural transmission features three determinants: (i) vertical (parental) cultural transmission culture; (ii) horizontal (neighbourhood) influence; (iii) information on the economic penalty associa…
Peer Effects in Academic Research
Using an instrument based on a national contest in France determining researchers’ location, we find evidence of peer effects in academia, when focusing on precise groups of senders (producing the spillovers) and receivers (benefiting from the spillovers), defined based on field of specialisation, gender and age. These peer effects are present even outside formal co-authorship relationships. Furthermore, the match between the characteristics of s…
Product Mix and Firm Productivity Responses to Trade Competition
We document how demand shocks in export markets lead French multiproduct exporters to reallocate the mix of products sold in those destinations. In response to positive demand shocks, French firms skew their export sales toward their best-performing products. We develop a theoretical model of multiproduct firms and derive the specific demand conditions (with endogenous price elasticities) needed to generate these product-mix reallocations. Under …
Technology-induced trade shocks? Evidence from broadband expansion in France
The United States of Europe
One of the pillars of the 1957 Treaty of Rome that ultimately led to the European Union is the commitment to the four freedoms of movement (goods, services, persons, and capital). Over the following decades, as the members expanded in numbers, they also sought to deepen the integration amongst themselves in all four dimensions. This paper estimates the success of these policies based primarily on a gravity framework. Distinct from past evaluation…
Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms
Technology-Induced Trade Shocks? Evidence from Broadband Expansion in France
The impact of urban public transportation evidence from the Paris region
The impact of Urban Enterprise Zones on establishment location decisions and labor market outcomes
In this article, we study the impact of a French enterprise zone program-the 'Zones Franches Urbaines' (ZFUs) policy-on establishment location decisions and on labor market outcomes. Our main identification strategy, which combines spatial and time differencing, shows that conditional on locating in a municipality that hosts a ZFU, the policy has a positive and sizable impact on the probability to locate in the ZFU part rather than in the non-ZFU…
Gravity Equations
Market Size, Competition, and the Product Mix of Exporters
We build a theoretical model of multi-product firms that highlights how competition across market destinations affects both a firm’s exported product range and product mix. We show how tougher competition in an export market induces a firm to skew its export sales toward its best performing products. We find very strong confirmation of this competitive effect for French exporters across export market destinations. Theoretically, this within-firm …
How do Different Exporters React to Exchange Rate Changes?
This article analyzes the heterogeneous reaction of exporters to real exchange rate changes using a very rich French firm-level data set with destination-specific export values and volumes on the period 1995–2005. We find that high–performance firms react to a depreciation by increasing significantly more their markup and by increasing less their export volume. This heterogeneity in pricing-to-market is robust to different measures of performance…
Les politiques régionales sont-elles efficaces
Notes on Cepii’s Distances Measures
Quality Sorting and Trade
Empirical investigation of the quality interpretation of the Melitz (2003) model of firm heterogeneity and trade has been limited by the lack of direct data on quality. This paper matches firm-level export data with expert assessments of the quality of champagne producers to estimate the key parameters of that model. Quality monotonically increases firm-level prices, the probability of market entry, and export values. The estimated model—which ca…
Spatial concentration and plant-level productivity in France
The erosion of colonial trade linkages after independence
Most independent nations today were part of empires in 1945. Using bilateral trade data from 1948 to 2006, we examine the effect of independence on post-colonial trade. While there is little short-run effect on trade, after four decades trade with the metropole (colonizer) has contracted by about 65%. Hostile separations lead to large, immediate reductions in trade. We also find that trade between former colonies of the same empire erodes as much…
Gravity, market potential and economic development
This article provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its proximity to large markets, referred to as ‘market potential’. The empirical part evaluates this market potential for all countries in the world with available trade data over the 1965–2003 period and relat…
The location of domestic and foreign production affiliates by French multinational firms
Of markets, products and prices
The introduction of the euro was initially expected to boost trade by an enormous percentage. Following many downward revisions of original estimates the current consensus estimate amounts to an increase of about 5 per cent. In view of the initial high expectations this is often seen as a dismal result. It is, however, based on aggregate data and may therefore hide important microeconomic gains that arise even for a given level of trade fl ows. T…
Institutional Determinants of Foreign Direct Investment
In this paper, we contribute to the literature on the determinants of foreign direct investment in developing countries and re-evaluate the role of the quality of institutions on FDI independently of the general level of development. We implement cross-section estimations based on a newly available database with unprecedented detail on institutions for a set of 52 countries, as well as panel data estimations based on Fraser Institute's data. Furt…
Spatial concentration and plant-level productivity in France
The Economic Incentives of Cultural Transmission
This paper studies how economic incentives influence cultural transmission, using a crucial expression of cultural identity: child naming decisions. Our focus is on Arabic versus non-Arabic names given in France over the 2003–2007 period. Our model of cultural transmission features three determinants: (i) vertical (parental) cultural transmission culture; (ii) horizontal (neighbourhood) influence; (iii) information on the economic penalty associa…
The impact of Urban Enterprise Zones on establishment location decisions and labor market outcomes
In this article, we study the impact of a French enterprise zone program-the 'Zones Franches Urbaines' (ZFUs) policy-on establishment location decisions and on labor market outcomes. Our main identification strategy, which combines spatial and time differencing, shows that conditional on locating in a municipality that hosts a ZFU, the policy has a positive and sizable impact on the probability to locate in the ZFU part rather than in the non-ZFU…
The impact of urban public transportation evidence from the Paris region
On the Pervasiveness of Home Market Effects
Paul Krugman’s model of trade predicts that the country with the relatively large number of consumers is the net exporter and hosts a disproportionate share of firms in the increasing returns sector. He terms these results ‘home market effects’. This paper analyses three additional models featuring increasing returns, firm mobility, and trade costs to assess the robustness of home market effects to alternative modelling assumptions. We find strik…
Gravity, market potential and economic development
This article provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its proximity to large markets, referred to as ‘market potential’. The empirical part evaluates this market potential for all countries in the world with available trade data over the 1965–2003 period and relat…
The location of domestic and foreign production affiliates by French multinational firms
The Effects of a Wage Change Upon Prices, Profits and Employment
Journal Article The Effects of a Wage Change Upon Prices, Profits and Employment Get access T. Mayer T. Mayer Washington, D.G Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 61, Issue 243, 1 September 1951, Pages 518–530, https://doi.org/10.2307/2226485 Published: 01 September 1951
La localisation à l'étranger des entreprises multinationales. Une approche d'économie géographique hiérarchisée appliquée aux entreprise japonaises en Europe
Ansiedlung multinationaler Unternehmen im Ausland Anwendung eines hierarchischen geographisch-okonomischen Ansatzes auf japanische Unternehmen in Europa Die Wahl des Standortes eines multinationalen UnternehmenskannalsAbfolgemehrerer geographischer Entscheidungen angesehen werden, bei : denen sich das Unternehmen zunâchst ein Land und danach eine Region innerhalb dieses Landes auswâhlt. Diese Abfolge von Entscheidungen wird durch die Analyse : de…
The Geographic Concentration of Fdi in Asia
On the Pervasiveness of Home Market Effects
Paul Krugman’s model of trade predicts that the country with the relatively large number of consumers is the net exporter and hosts a disproportionate share of firms in the increasing returns sector. He terms these results ‘home market effects’. This paper analyses three additional models featuring increasing returns, firm mobility, and trade costs to assess the robustness of home market effects to alternative modelling assumptions. We find strik…
Les entreprises sur les marchés mondiaux
L'ouverture de l'économie française et, plus généralement, son insertion dans le mouvement généralement qualifié de mondialisation sont des préoccupations constantes de l'opinion et ceci a déjà trouvé un écho dans plusieurs numéros consacrés à la question par Économie et Statistique : en 1994, sur le thème « Ouvertures à l'Est et au Sud » ; en 1997, sur « Progrès technique, commerce international et marché du travail » ; et en 1999 sur « Intégrat…
How do firms agglomerate? A study of FDI in France
Market Potential and the Location of Japanese Investment in the European Union
This paper develops a theoretical model of location choice under imperfect competition to formalize the notion that firms prefer to\nlocate “where the markets are.” The profitability of a location depends on\na term that weights demand in all locations by accessibility. Using a sample of Japanese firms’ choices of regions within European countries, we compare the theoretically derived measure of market potential with the\nstandard form used by ge…
The trade-creating effects of business and social networks
Je t'aime, moi non plus
Institutional Determinants of Foreign Direct Investment
In this paper, we contribute to the literature on the determinants of foreign direct investment in developing countries and re-evaluate the role of the quality of institutions on FDI independently of the general level of development. We implement cross-section estimations based on a newly available database with unprecedented detail on institutions for a set of 52 countries, as well as panel data estimations based on Fraser Institute's data. Furt…
Economic Geography
The Happy Few: The Internationalisation of European Firms
Nations do not trade; it is firms that trade. This simple truth makes it clear that understanding the firm-level facts is essential to good policy making in Europe (...).
How remote is the offshoring threat
Make Trade Not War
This paper analyses theoretically and empirically the relationship between military conflicts and trade. We show that the conventional wisdom that trade promotes peace is only partially true even in a model where trade is economically beneficial, military conflicts reduce trade, and leaders are rational. When war can occur because of the presence of asymmetric information, the probability of escalation is lower for countries that trade more bilat…
Detection of Local Interactions From the Spatial Pattern of Names in France
Using data on the geographic distribution of names in France, we investigate the social transmission of parental preferences. Drawing on recent work on nonmarket interactions, we develop a linear discrete choice model that relates choices made in one location to those made in nearby areas. We explain the shares of parents that give their children Saint, Arabic, and American‐type names. We also examine the effect of distance between locations on d…
Civil Wars and International Trade
This article analyzes empirically the relationship between civil wars and international trade. We first show that trade destruction due to civil wars is very large and persistent and increases with the severity of the conflict. We then identify two effects that trade can have on the risk of civil conflicts: It may act as a deterrent if trade gains are put at risk during civil wars, but it may also act as an insurance if international trade provid…
Of markets, products and prices
The introduction of the euro was initially expected to boost trade by an enormous percentage. Following many downward revisions of original estimates the current consensus estimate amounts to an increase of about 5 per cent. In view of the initial high expectations this is often seen as a dismal result. It is, however, based on aggregate data and may therefore hide important microeconomic gains that arise even for a given level of trade fl ows. T…
The erosion of colonial trade linkages after independence
Most independent nations today were part of empires in 1945. Using bilateral trade data from 1948 to 2006, we examine the effect of independence on post-colonial trade. While there is little short-run effect on trade, after four decades trade with the metropole (colonizer) has contracted by about 65%. Hostile separations lead to large, immediate reductions in trade. We also find that trade between former colonies of the same empire erodes as much…
Gravity, market potential and economic development
This article provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its proximity to large markets, referred to as ‘market potential’. The empirical part evaluates this market potential for all countries in the world with available trade data over the 1965–2003 period and relat…
The location of domestic and foreign production affiliates by French multinational firms
Notes on Cepii’s Distances Measures
Quality Sorting and Trade
Empirical investigation of the quality interpretation of the Melitz (2003) model of firm heterogeneity and trade has been limited by the lack of direct data on quality. This paper matches firm-level export data with expert assessments of the quality of champagne producers to estimate the key parameters of that model. Quality monotonically increases firm-level prices, the probability of market entry, and export values. The estimated model—which ca…
Spatial concentration and plant-level productivity in France
How do Different Exporters React to Exchange Rate Changes?
This article analyzes the heterogeneous reaction of exporters to real exchange rate changes using a very rich French firm-level data set with destination-specific export values and volumes on the period 1995–2005. We find that high–performance firms react to a depreciation by increasing significantly more their markup and by increasing less their export volume. This heterogeneity in pricing-to-market is robust to different measures of performance…
Les politiques régionales sont-elles efficaces
Economics (30 obras) · Global trade and economics (25 obras) · Business (13 obras) · Computer Science (13 obras) · Political science (12 obras) · Economic Policies and Impacts (11 obras) · International trade (11 obras) · International economics (10 obras) · Economic geography (8 obras) · International Business and FDI (8 obras)