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Convergence of firm-level productivity, globalisation, information technology and competition: evidence from France
Chevalier, Paul-Antoine; Lecat, Rémy; Oulton, Nicholas - London School of Economics (LSE) - 2009
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10010744856
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Products and productivity
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2005
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10010745843
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How to measure living standards and productivity
Oulton, Nicholas - London School of Economics (LSE) - 2009
This paper sets out a general algorithm for calculating true cost-of-living indices or true producer price indices when demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us how we should calculate a true cost-of-living...
Persistent link: https://www.econbiz.de/10011071515
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Concentration, agglomeration and the size of plants
Lafourcade, Miren; Mion, Giordano - London School of Economics (LSE) - 2007
This paper investigates whether the geographic distribution of manufacturing activities depends on the size of plants. Using Italian data, we find, as in Kim [Kim, S., 1995. Expansion of markets and the geographic concentration of economic activities: the trends in U.S. regional manufacturing...
Persistent link: https://www.econbiz.de/10010884497
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Comparative advantage and heterogeneous firms
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2004
endogenous Ricardian productivity responses at the industry level that magnify countries’ comparative advantage. Focusing on the …
Persistent link: https://www.econbiz.de/10010884531
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Sales and collusion in a market with storage
Nava, Francesco - London School of Economics (LSE) - 2006
Sales are a widespread and well-known phenomenon that has been documented in several product markets. Regularities in such periodic price reductions appear to suggest that the phenomenon cannot be entirely attributed to random variations in supply, demand, or the aggregate price level. Certain...
Persistent link: https://www.econbiz.de/10010884541
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Product choice and product switching
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2003
productivity is correlated with product fixed costs, with the most productive firms choosing to make the products with the highest …
Persistent link: https://www.econbiz.de/10010884551
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Quantile regression in lower bound estimation
Giorgetti, Maria Letizia - London School of Economics (LSE) - 2001
In this paper, I illustrate the additional information that can be prodivided in estimating the lower bound (Sutton 1991, 1998) by using quantile regression. Quantile regression allows us to invesigate the influence of outliers. Previous lower bound have been performed using the simplex method....
Persistent link: https://www.econbiz.de/10010928688
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Firm size distribution: testing the "independent submarkets model" in the Italian motor insurance industry
Buzzacchi, Luigi; Valletti, Tommaso - London School of Economics (LSE) - 1999
This paper tests the presence of multiple independent submarkets in the Italian motor insurance industry. Independence is motivated by administrative boundaries among provinces and by further locational reasons. We find that the independence effects are sufficient to induce a minimum degree of...
Persistent link: https://www.econbiz.de/10010928745
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Demand and pricing of preventative healthcare
Vandoros, Sotiris; Carman, Katherine Grace - London School of Economics (LSE) - 2011
This study introduces a theoretical framework for the economics of preventative healthcare. Mathematical models are used to explain how the price and utilization of prevention change depending on demand, as well as factors such as the price of a cure, the probability of illness, the efficacy of...
Persistent link: https://www.econbiz.de/10010744804