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We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...
Persistent link: https://www.econbiz.de/10012938686
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms' micro forecasts of...
Persistent link: https://www.econbiz.de/10012794618
We study the processes of firm growth in the evolution of the Japanese cotton spinning industry during 1883-1914 by integrating strategy and historical approaches and utilizing rich quantitative firm-level data and detailed business histories. The resultant conceptual model highlights growth...
Persistent link: https://www.econbiz.de/10012452978
down production. This paper asks whether foreign owners are more likely to close plants than domestic owners. In Indonesia …
Persistent link: https://www.econbiz.de/10012468657
Persistent link: https://www.econbiz.de/10000664750
In the United States, more than two-thirds of decedents with multichild families divide their estates exactly equally among their children. In contrast, intra vivos gifts are usually unequal. These findings challenge the validity of existing theories regarding the determination of...
Persistent link: https://www.econbiz.de/10012470959
Each year parents transfer a great deal of money to their adult children. While intuition might suggest that these transfers are altruistic and made out of concern for the well-being of the children, the fundamental prediction of the altruistic model has been decisively rejected in empirical...
Persistent link: https://www.econbiz.de/10012471176
intergenerational altruism. Thus, immigrants may be self-selected on fertility. Soviet Jews who migrate to Israel despite high migration …. Selection on altruism can explain why historically immigrant-absorbing countries like the U.S. have higher fertility than other …. Selection on altruism also implies that immigrant-absorbing regions will grow faster, or have higher per capita income, or both …
Persistent link: https://www.econbiz.de/10012471230
-dynastic altruism. The main building blocks of the theory are forward and backward intergenerational goods (FIGs and BIGs) and the …
Persistent link: https://www.econbiz.de/10012471256
.S., (2) that the altruism model is far more applicable in the U.S. than it is in Japan but that it is not the dominant model …
Persistent link: https://www.econbiz.de/10012471313