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investments solve the land assembly problem which allows many productive firms to co-locate close to each other. The resulting … localized spillover effects of the new parks on local incumbent firm productivity, the growth of retail activity close to the … parks featuring a higher level of human capital, a greater level of co-agglomeration among firms within the park, and a …
Persistent link: https://www.econbiz.de/10012457290
and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of …, better-managed firms will tend to recruit higher-ability workers and adopt pay practices to retain these employees. We use a …
Persistent link: https://www.econbiz.de/10012456573
Persistent link: https://www.econbiz.de/10012475082
United States. Several models in which firms choose locations by throwing darts at a map are used to test whether the degree … extent to which agglomerations involve plants in similar as opposed to identical industries …
Persistent link: https://www.econbiz.de/10012474075
winning counties, indicating that the ultimate effect on profits is smaller than the direct increase in productivity … total factor productivity (TFP) of incumbent plants in the same county. Articles in the corporate real estate journal Site …
Persistent link: https://www.econbiz.de/10012464813
Productivity spillovers are often cited as a reason for geographic specialization in production. A large literature in … show that a simple Roy model of patient treatment choice with productivity spillovers can generate these facts. Our model …
Persistent link: https://www.econbiz.de/10012467878
quantities of employment across plants, firms, and locations. This paper uses data from the Census Bureau's Longitudinal Research … agglomerations. We then decompose aggregate concentration changes into portions attributable to plant births, expansions …, contractions, and closures, and find that the location choices of new firms and differences in growth rates have played the most …
Persistent link: https://www.econbiz.de/10012472542
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10012463713
Mergers and acquisitions are a fast way for a firm to grow. Using plant-level data, we examine how firms redraw their … divisions tend to retain more acquired plants. Plants retained by acquirers increase in productivity whereas sold plants do not …
Persistent link: https://www.econbiz.de/10012464355
) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …
Persistent link: https://www.econbiz.de/10012467123