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The Role of External Economies in U.S. Manufacturing
Caballero, Ricardo J. - 1989
This paper develops a method for joint estimation of both the degree of internal returns to scale and the extent of external economies. We apply the method in estimating returns to scale indexes for U.S. manufacturing industries at the two-digit level. Overall, we find that only three of the...
Persistent link: https://www.econbiz.de/10012476015
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Short and Long Run Externalities
Bartelsman, Eric J. - 1991
providing new evidence helpful for discriminating between different types of externalities. We investigate four-digit level … most important factor in the transmission of externalities. This suggests that transactions externalities accruing … primarily to the seller, and/or activity-driven demand externalities are significant for explaining the short-run behavior of …
Persistent link: https://www.econbiz.de/10012475186
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Changing Returns to Scale in Manufacturing 1880-1930 : The Rise of (Skilled) Labor?
Lafortune, Jeanne; Lewis, Ethan; Martinez, Jose Pablo; … - National Bureau of Economic Research - 2021
This paper estimates returns to scale for manufacturing industries around the turn of the twentieth century in the United States by exploiting an industry-city panel data for the years 1880-1930. We estimate decreasing returns to scale on average over the period, contrary to most of the existing...
Persistent link: https://www.econbiz.de/10012510512
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The Quality-Complementarity Hypothesis : Theory and Evidence from Colombia
Kugler, Maurice - 2008
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10012464229
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Economies of Scale in Nineteenth Century American Manufacturing Revisited : A Resolution of the Entrepreneurial Labor Input Problem
Margo, Robert A. - 2013
In a famous paper, Kenneth Sokoloff argued that the labor input of entrepreneurs was generally not included in the count of workers in manufacturing establishments in the early censuses of manufacturing. According to Sokoloff, this biased downward econometric estimates of economies of scale if...
Persistent link: https://www.econbiz.de/10012459515
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Product and labor market imperfections and scale economies : Micro-evidence on France, Japan and the Netherlands
Dobbelaere, Sabien - 2013
Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on two extensions of Hallʼs econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel...
Persistent link: https://www.econbiz.de/10012459603
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Analyzing Compensation Methods in Manufacturing : Piece Rates, Time Rates, or Gain-Sharing?
Helper, Susan - 2010
Economists have often argued that "pay for performance" is the optimal compensation scheme. However, use of the simplest form of pay for performance, the piece rate, has been in decline in manufacturing in recent decades. We show both theoretically and empirically that these changes are due to...
Persistent link: https://www.econbiz.de/10012462117
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Modern Management : Good for the Environment or just Hot Air?
Bloom, Nicholas - 2008
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...
Persistent link: https://www.econbiz.de/10012464253
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What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns
Ellison, Glenn - 2007
Many industries are geographically concentrated. Many mechanisms that could account for such agglomeration have been proposed. We note that these theories make different predictions about which pairs of industries should be coagglomerated. We discuss the measurement of coagglomeration and use...
Persistent link: https://www.econbiz.de/10012465586
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Vertical Integration and Technology : Theory and Evidence
Acemoglu, Daron - 2004
This paper investigates the determinants of vertical integration using data from the UK manufacturing sector. We find that the relationship between a downstream (producer) industry and an upstream (supplier) industry is more likely to be vertically integrated when the producing industry is more...
Persistent link: https://www.econbiz.de/10012467690