arXiv subjects

Julian Hinz

Publications and source records attributed to Julian Hinz.

2 recordsLinked to original sources

arXiv2026

Vibe Coding Kills Open Source

Generative AI is changing how software is produced and used. In vibe coding, an AI agent builds software by selecting and assembling open-source software (OSS), often without users directly reading documentation, reporting bugs, or otherwise engaging with maintainers. We study the equilibrium effects of vibe coding on the OSS ecosystem. We develop a model with endogenous entry and heterogeneous project quality in which OSS is a scalable input into producing more software. Users choose whether to use OSS directly or through vibe coding. Vibe coding raises productivity by lowering the cost of using and building on existing code, but it also weakens the user engagement through which many maintainers earn returns. When OSS is monetized only through direct user engagement, greater adoption of vibe coding lowers entry and sharing, reduces the availability and quality of OSS, and reduces welfare despite higher productivity. Sustaining OSS at its current scale under widespread vibe coding requires major changes in how maintainers are paid.

econ.GN↗

arXiv2021

State Dependence and Unobserved Heterogeneity in the Extensive Margin of Trade

We study the role and drivers of persistence in the extensive margin of bilateral trade. Motivated by a stylized heterogeneous firms model of international trade with market entry costs, we consider dynamic three-way fixed effects binary choice models and study the corresponding incidental parameter problem. The standard maximum likelihood estimator is consistent under asymptotics where all panel dimensions grow at a constant rate, but it has an asymptotic bias in its limiting distribution, invalidating inference even in situations where the bias appears to be small. Thus, we propose two different bias-corrected estimators. Monte Carlo simulations confirm their desirable statistical properties. We apply these estimators in a reassessment of the most commonly studied determinants of the extensive margin of trade. Both true state dependence and unobserved heterogeneity contribute considerably to trade persistence and taking this persistence into account matters significantly in identifying the effects of trade policies on the extensive margin.

econ.EM↗