Universitat Pompeu Fabra &
Barcelona Graduate School of Economics &
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Information about this author at RePEc
NBER Working Papers and Publications
|October 2017||Vertical Integration, Supplier Behavior, and Quality Upgrading among Exporters|
with Christopher Hansman, Jonas Hjort, Matthieu Teachout: w23949
We study the relationship between firms’ output quality and their choice of organizational structure. To do so, we use data on each step of the production and transaction chain that makes up Peruvian fishmeal manufacturing. We first show that quality upgrading is an important motive for vertically integrating. Firms integrate suppliers when the quality premium—the relative price of high quality output—rises for exogenous reasons, but not when average or low quality prices rise. The greater a firm’s scope for shifting low to high quality production, the greater its integration response. We then show that integration changes suppliers’ production behavior. A given supplier’s actions are less geared towards increasing quantity and more geared towards maintaining input quality after the suppli...
|May 2016||Compulsory Voting, Turnout, and Government Spending: Evidence from Austria|
with Mitchell Hoffman, María Lombardi: w22221
We study a unique quasi-experiment in Austria, where compulsory voting laws are changed across Austria's nine states at different times. Analyzing state and national elections from 1949-2010, we show that compulsory voting laws with weakly enforced fines increase turnout by roughly 10 percentage points. However, we find no evidence that this change in turnout affected government spending patterns (in levels or composition) or electoral outcomes. Individual-level data on turnout and political preferences suggest these results occur because individuals swayed to vote due to compulsory voting are more likely to be non-partisan, have low interest in politics, and be uninformed.
Published: Hoffman, Mitchell & León, Gianmarco & Lombardi, María, 2017. "Compulsory voting, turnout, and government spending: Evidence from Austria," Journal of Public Economics, Elsevier, vol. 145(C), pages 103-115. citation courtesy of
|October 2013||Transportation Choices and the Value of Statistical Life|
with Edward Miguel: w19494
This paper exploits an unusual transportation setting to estimate the value of a statistical life (VSL). We estimate the trade-offs individuals are willing to make between mortality risk and cost as they travel to and from the international airport in Sierra Leone (which is separated from the capital Freetown by a body of water), and choose from among multiple transport options - namely, ferry, helicopter, hovercraft, and water taxi. The setting and original dataset allow us to address some typical omitted variable concerns, and to compare VSL estimates for travelers from different countries, all facing the same choice situation. The average VSL estimate for African travelers in the sample is US$577,000 compared to US$924,000 for non-African travelers. Individual job earnings can largely a...
Published: Gianmarco León & Edward Miguel, 2017. "Risky Transportation Choices and the Value of a Statistical Life," American Economic Journal: Applied Economics, vol 9(1), pages 202-228.