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Input-Output Networks and Misallocation
Hang, Jing - 2020
This paper develops a framework for studying the macroeconomic costs of resource misallocation. The framework enables the assessment of the conditions under which the existing estimates in the misallocation literature, which are largely based on a value-added production structure and ignore...
Persistent link: https://www.econbiz.de/10012482203
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The governance of not-for-profit organizations
Glaeser, Edward L. (ed.) - 2003
Persistent link: https://www.econbiz.de/10013480759
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Concentrated corporate ownership
Morck, Randall (ed.) - 2000
Persistent link: https://www.econbiz.de/10013480933
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Markets Versus Governments : Political Economy of Mechanisms
Acemoglu, Daron - 2006
asymptotic allocation where the aggregate distortions arising from political economy disappear. In contrast, when the government …
Persistent link: https://www.econbiz.de/10012466444
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International taxation and multinational activity
Hines, James R. (ed.) - 2001
Persistent link: https://www.econbiz.de/10013480776
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Firm-Specific Resources, Financial-Market Development and the Growth of U.S. Multinationals
Feinberg, Susan - 2002
We study the resource allocation decisions of U.S. multinational corporations (MNCs). We examine how established MNCs …
Persistent link: https://www.econbiz.de/10012469457
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Resource Allocation within Firms and Financial Market Dislocation : Evidence from Diversified Conglomerates
Matvos, Gregor - 2011
allocation within firms' internal capital markets provides an important force countervailing financial market dislocation. Using … capital funds quadruple during extreme financial market dislocations, making resource allocation within firms significantly … counterfactual out of sample simulated data is remarkably consistent with the actual data and shows that improved resource allocation …
Persistent link: https://www.econbiz.de/10012460940
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How Firms Export : Processing vs. Ordinary Trade with Financial Frictions
Manova, Kalina - 2012
The fragmentation of production across borders allows firms to make and export final goods, or to perform only intermediate stages of production by processing imported inputs for re-exporting. We examine how financial frictions affect companies' choice between processing and ordinary trade -...
Persistent link: https://www.econbiz.de/10012460099
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Internalizing Global Value Chains : A Firm-Level Analysis
Alfaro, Laura - 2015
In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...
Persistent link: https://www.econbiz.de/10012457087
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Cherries for Sale : Export Networks and the Incidence of Cross-Border M&A
Blonigen, Bruce A. - 2012
network as valuable to serve independently, increasing the surplus generated by a foreign acquisition. From the theory we …
Persistent link: https://www.econbiz.de/10012460246