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Multiple-product firms and product switching

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2010

incorporates endogenous product selection within firms. Our findings suggest that product switching contributes to a reallocation …

Persistent link: https://www.econbiz.de/10010745219

Product choice and product switching

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2003

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/10010884551

Multi-product firms and product switching

Bernard, Andrew B.; Redding, Stephen; Schott, Peter.K - London School of Economics (LSE) - 2006

product switching contributes towards a reallocation of economic activity within firms towards more productive uses. …

Persistent link: https://www.econbiz.de/10010745234

Products and productivity

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2005

Firms' decisions about which goods to produce are often made at a more disaggregate level than the data observed by empirical researchers. When products differ according to production technique or the way in which they enter demand, this data aggregation problem introduces a bias into standard...

Persistent link: https://www.econbiz.de/10010745843

Productivity growth and employment: theory and panel estimates

Pissarides, Christopher; Vallanti, Giovanna - London School of Economics (LSE) - 2004

Theoretical predictions of the effect of TFP growth on employment are ambiguous, and depend on the extent to which new technology is embodied in new jobs. We estimate a model for employment, wages and investment with an annual panel for the United States, Japan and Europe and find that TFP...

Persistent link: https://www.econbiz.de/10010928604

Creative destruction with on-the-job search

Michau, Jean-Baptiste - London School of Economics (LSE) - 2007

induces a direct reallocation of workers from low to high productivity jobs. These results could be strengthened by assuming …

Persistent link: https://www.econbiz.de/10010744813

Happiness in transition: the case of Kyrgyzstan

Namazie, Ceema; Sanfey, Peter - London School of Economics (LSE) - 1998

We analyse self-reported measures of satisfaction with life in a transition country, Kyrgyzstan, using 1993 household survey data. We test whether higher levels of satisfaction are associated with greater economic well-being. This hypothesis is strongly supported by the data. Unhappiness is...

Persistent link: https://www.econbiz.de/10010744878

Job destruction, job creation and unemployment in transition countries: what can we learn?

Faggio, Giulia - London School of Economics (LSE) - 2007

commonly discussed (i.e. ongoing reallocation; finished reallocation with redundant labour; wrong choice of institutional … framework), we concentrated on the ongoing reallocation hypothesis. We show that there is a negative correlation between job … an indication that the process of reallocation started at the beginning of the 1990s still influences today’s labour …

Persistent link: https://www.econbiz.de/10010745348

Multinationals and US productivity leadership: evidence from Great Britain

Criscuolo, Chiara; Martin, Ralf - London School of Economics (LSE) - 2005

We study the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs, we find that UK MNEs are less productive than US affiliates, but as productive as non US foreign affiliates. We investigate the source of the US and MNE advantage. We find...

Persistent link: https://www.econbiz.de/10010884622

Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab

Griffith, Rachel; Redding, Stephen; Simpson, Helen - London School of Economics (LSE) - 2004

This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature – the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review...

Persistent link: https://www.econbiz.de/10010745694