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Delayed Creative Destruction : How Uncertainty Shapes Corporate Assets

Campello, Murillo; Kankanhalli, Gaurav; Kim, Hyunseob - National Bureau of Economic Research - 2021

. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition …-defined shipping sectors to corroborate our findings. Critically, uncertainty prompts firms to concentrate their fleets into narrower …

Persistent link: https://www.econbiz.de/10012585455

Sorting Between and Within Industries : A Testable Model of Assortative Matching

Abowd, John M. - 2014

We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...

Persistent link: https://www.econbiz.de/10012458196

An Engine of (Pay) Growth? Productivity and Wages in the UK Auto Industry

Norris Keiller, Agnes; Obermeier, Tim; Teichgraeber, Andreas - National Bureau of Economic Research - 2024

When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom. There was a...

Persistent link: https://www.econbiz.de/10014635658

Wage Structure and Labor Mobility in the Netherlands 1999-2003

Borghans, Lex - 2007

In this paper we document the wage structure and labor mobility in the Netherlands in the period 1999-2003. We explain … the importance of wage-setting institutions in the Netherlands and the main actors. The analyses are based on … period investigated the Netherlands experienced an increase in wage inequality. Despite the centralized system of wage …

Persistent link: https://www.econbiz.de/10012465443

Dynamic Models of R&D, Innovation and Productivity : Panel Data Evidence for Dutch and French Manufacturing

Raymond, Wladimir - 2013

This paper introduces dynamics in the R&D-to-innovation and innovation-to-productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...

Persistent link: https://www.econbiz.de/10012459587

Robots and Workers : Evidence from the Netherlands

Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - National Bureau of Economic Research - 2023

We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large …

Persistent link: https://www.econbiz.de/10014247929

China’s Industrial Policy : an Empirical Evaluation

Barwick, Panle Jia - 2019

Despite the historic prevalence of industrial policy and its current popularity, few empirical studies directly evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel the country's shipbuilding industry to the largest...

Persistent link: https://www.econbiz.de/10012480022

Market Integration, Demand and the Growth of Firms : Evidence from a Natural Experiment in India

Jensen, Robert T. - 2018

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware of the prices and quality of non-local firms. They therefore mostly buy locally, limiting firms'...

Persistent link: https://www.econbiz.de/10012453027

Detection and Impact of Industrial Subsidies : The Case of World Shipbuilding

Kalouptsidi, Myrto - 2014

This paper provides a model-based empirical strategy to, (i) detect the presence and gauge the magnitude of government subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer surplus. I construct and estimate an industry model...

Persistent link: https://www.econbiz.de/10012458547

Pollution, Health, and Avoidance Behavior : Evidence from the Ports of Los Angeles

Moretti, Enrico - 2009

A pervasive problem in the literature on the health costs of pollution is that optimizing individuals may compensate for increases in pollution by reducing their exposure to protect their health. This implies that estimates of the health effects of pollution may vastly understate the full...

Persistent link: https://www.econbiz.de/10012463709

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