Showing 1 - 10 of 214
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
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
This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972...
Persistent link: https://www.econbiz.de/10010745234
Firms need to incur substantial sunk costs to break in foreign markets, yet many give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up their foreign sales and expand to new destinations. We investigate a simple...
Persistent link: https://www.econbiz.de/10011071232
We study the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs …
Persistent link: https://www.econbiz.de/10010884622
This paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …
Persistent link: https://www.econbiz.de/10010745694
international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
Persistent link: https://www.econbiz.de/10010746589
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
markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10010745182
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers a novel … tasks the closer they are to their core competencies, this outsourcing increases firm productivity. Moreover, I also …
Persistent link: https://www.econbiz.de/10010745324