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This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10012464156
service-led development path may become the norm rather than the exception; think India, not China. Since success in the …
Persistent link: https://www.econbiz.de/10012479255
The decline in the U.S. labor share is far from uniform across firms. While the aggregate labor share has declined, especially in manufacturing, retail, and wholesale, the labor share of a typical firm in these industries has risen. This paper studies the dynamics of the substitution of capital...
Persistent link: https://www.econbiz.de/10012496133
Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity slowdown. Complementarity across occupations and...
Persistent link: https://www.econbiz.de/10012453357
In modern knowledge driven economies, firms are increasingly aware that individual and collective knowledge is a major factor of economic performance. The larger the firms and the stronger their connection with technology intensive industries, the more are they likely to set up knowledge...
Persistent link: https://www.econbiz.de/10012468456
We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...
Persistent link: https://www.econbiz.de/10012471341
using an expansion of the national highway system in India. Using panel data on manufacturing firms, we find that monopsony …
Persistent link: https://www.econbiz.de/10012599267
, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important … role in aggregate productivity gains immediately following the start of India's trade reforms in 1991. However, aggregate … attributed to India's trade liberalization and FDI reforms. Finally, we construct a panel dataset that allows us to track firms …
Persistent link: https://www.econbiz.de/10012461925
We use the World Bank Investment Climate Surveys data to analyze the employment of both labor and capital in Indian manufacturing. We focus on disparities among states in manufacturing employment patterns, and provide reduced form evidence of their relationship to both (i) institutional...
Persistent link: https://www.econbiz.de/10012464469
We study the effects of the progressive elimination of the system of industrial regulations on entry and production, known as the "license raj," on registered manufacturing output, employment, entry and investment across Indian states with different labor market regulations. The effects are...
Persistent link: https://www.econbiz.de/10012466638