Showing 1 - 6 of 6
This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10010745219
reductions resulted in increases in firm exit, so our findings may be consistent with redistribution of quasi-rents towards low …
Persistent link: https://www.econbiz.de/10010746021
This paper examines the response of industries and firms to changes in trade costs. Several new firm-level models of international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the reallocation of activity across plants within an industry....
Persistent link: https://www.econbiz.de/10010746589
labour on banks’ entry decisions in the local credit markets, now defined in terms of provinces. …
Persistent link: https://www.econbiz.de/10010744823
This paper develops an empirical model of entry to analyze the effect of previous regulation on European airlines? post … perceived quality, leading to a situation in which they are less likely to enter a route, but also less likely to exit. …
Persistent link: https://www.econbiz.de/10010928653
with firms’ innovation and entry decisions, which determine the economy’s growth rate. To study this link between … relationship between growth, misallocation and welfare. It stresses the importance of entry. An increase in entry reduces … misallocation by fostering competition. If entry also increases the economy-wide growth rate, static misallocation and growth are …
Persistent link: https://www.econbiz.de/10010884565