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What determines firm growth over the life-cycle? Exploiting unique firm panel data on internal organization, balance sheets and innovation, representative of the entire Canadian economy, we study recent theories that examine life-cycle patterns for firm growth. These theories include...
Persistent link: https://www.econbiz.de/10010951103
We quantify the link between the timing of state-level implementations of political reservations for women in India with the role of women in India's manufacturing sector. While overall employment of women in manufacturing does not increase after the reforms, we find significant evidence that...
Persistent link: https://www.econbiz.de/10010950817
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of entrepreneurs; entrepreneurial success influences the local economy. Yet modern urban economics has paid relatively little attention to entrepreneurs. This...
Persistent link: https://www.econbiz.de/10008548809
We run a novel field experiment to link managers of African manufacturing firms. The experiment features exogenous link formation, exogenous seeding of information, and exogenous assignment to treatment and placebo. We study the impact of the experiment on firm business practices outside of the...
Persistent link: https://www.econbiz.de/10011272312
In this paper I provide a theory for brand-protection strategies to reduce counterfeiting under weak intellectual property rights. My theoretical framework has general implications for endogenous sunk cost investments as a means of deterring counterfeiters. My model incorporates two layers of...
Persistent link: https://www.econbiz.de/10009493267
The conventional wisdom in health economics is that large differences in average productivity across hospitals are the …, however, we find that productivity dispersion in heart attack treatment across hospitals is, if anything, smaller than in … productivity today is associated with about 4 percent more patients in 5 years. Taken together, these facts suggest that the …
Persistent link: https://www.econbiz.de/10010951009
Business strategy can be defined as a firm's plan to generate economic profits based on lower cost, better quality, or new products. The analysis of business strategy is thus at the intersection of market competition and a firm's efforts to secure persistently superior performance via...
Persistent link: https://www.econbiz.de/10011123643
firms and reductions in earnings per worker. Productivity gains arise mainly from an accelerated exit of less productive …
Persistent link: https://www.econbiz.de/10011095622
We estimate the effect of the reduction in credit supply that followed the 2008 financial crisis on the real economy. We predict county lending shocks using variation in pre-crisis bank market shares and estimated bank supply-shifts. Counties with negative predicted shocks experienced declines...
Persistent link: https://www.econbiz.de/10011079877
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss policies that are being pursued in the...
Persistent link: https://www.econbiz.de/10010969371