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We present a heterogeneous-firm model in which management ability increases both production efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First, better...
Persistent link: https://www.econbiz.de/10012453002
efficiency. First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when …
Persistent link: https://www.econbiz.de/10012457976
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10012472274
regulation, rather than changes in productivity and trade, account for most of the emissions reductions …
Persistent link: https://www.econbiz.de/10012457787
We provide a general non-parametric formula for aggregating microeconomic shocks in general equilibrium economies with distortions such as taxes, markups, frictions to resource reallocation, and nominal rigidities. We show that the macroeconomic impact of a shock can be boiled down into two...
Persistent link: https://www.econbiz.de/10012453706
A growing body of empirical work has documented the superior performance characteristics" of exporting plants and firms relative to non-exporters. Employment, shipments and capital intensity are all higher at exporters at any given moment. This paper asks whether good" firms become exporters or...
Persistent link: https://www.econbiz.de/10012472540
increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity … changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity are substantial - and …
Persistent link: https://www.econbiz.de/10012456244
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10012462858
attracted to targets in the domestic country that had high productivity levels several years prior to acquisition, but then … suffered a negative productivity shock (i.e., cherries for sale). With high ex ante productivity levels, target firms are able … trade costs. Subsequently, domestic firms that experience reductions in productivity no longer find their established …
Persistent link: https://www.econbiz.de/10012460246
This paper presents empirical evidence that the growth of export manufacturing in Mexico during a period of major trade reforms, the years 1986-2000, altered the distribution of education. I use variation in the timing of factory openings across commuting zones to show that school dropout...
Persistent link: https://www.econbiz.de/10012460393