Showing 1 - 10 of 335
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10013310242
Industry cost and demand conditions can vary across countries leading to differences in industry market structure, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued that despite many outward similarities, two of the...
Persistent link: https://www.econbiz.de/10013114763
for the notion that markups are importantly related to differences in industry concentration, though the effect of … unionization is important. Concentration effects are important only in industries producing durable goods or differentiated …
Persistent link: https://www.econbiz.de/10013233459
This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...
Persistent link: https://www.econbiz.de/10013235862
on manufacturing industry-level growth rates and banking market concentration for U.S. states during 1899-1929--a period … geographically. Unlike studies of modern developing and developed countries, we find that banking market concentration had a positive … that banking market concentration boosted industrial growth. In addition, we find evidence that a greater prevalence of …
Persistent link: https://www.econbiz.de/10013148371
. Industries with more concentration and more common ownership invest less, even after controlling for current market conditions … with more concentration and more common ownership. These firms spend a disproportionate amount of free cash flows buying …
Persistent link: https://www.econbiz.de/10012902577
We present estimates of 4 and 8 firm concentration ratios by industry and in weighted aggregate form for the … concentration ratios, in the order of one half of the US for 4 firm ratios. One possible implication is that markets for Chinese …
Persistent link: https://www.econbiz.de/10013058696
This paper studies the effects of trade liberalization on the evolution of firm productivity. The productivity of each firm was estimated using an unbalanced panel data of 4,484 Brazilian manufacturing firms from 1986 to 1998, following the procedure first proposed by Olley and Pakes (1996) and...
Persistent link: https://www.econbiz.de/10013231593
This paper focuses on the contribution to recent narrowing of the gap between Northern and Southern economies in GDP/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three currently largest rapidly growing Southern...
Persistent link: https://www.econbiz.de/10013113158
Our paper provides a comparative perspective on the development of public primary education in four of the largest developing economies circa 1910: Brazil, Russia, India and China (BRIC). These four countries encompassed more than 50 percent of the world's population in 1910, but remarkably few...
Persistent link: https://www.econbiz.de/10013066599