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Demand or productivity: What determines firm growth?
Pozzi, Andrea; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2012
use a model of monopolistic competition with Cobb-Douglas production and a dataset of Italian manufacturing firms …, suggesting the existence of adjustment frictions. Finally, the degree of under-response is much larger for TFP shocks. This … show that they hamper firms' responses to TFP shocks but not to demand shocks. …
Persistent link: https://www.econbiz.de/10011083518
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Entry Mistakes
Cabral, Luís M B - C.E.P.R. Discussion Papers - 1997
Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary entry investments are made. We refer to these outcomes...
Persistent link: https://www.econbiz.de/10005662244
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Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers
Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768
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Skills, human capital and the plant productivity gap: UK evidence from matched plant, worker and workforce data
Haskel, Jonathan; Hawkes, Denise; Pereira, Sonia - C.E.P.R. Discussion Papers - 2005
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more … productive firms hire more skilled workers: in 2000, plants at the top decile of the TFP distribution (controlling for their four … and (ii) in an accounting sense the skills gap between the firms in the top and bottom deciles of the TFP distribution …
Persistent link: https://www.econbiz.de/10005497762
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Does Market Structure Matter? New Evidence from Russia
Brown, Annette; Brown, J David - C.E.P.R. Discussion Papers - 1998
In this paper we re-examine empirically the Structure-Conduct-Performance relationship between concentration and profitability using new data on Russia that allow us to overcome the endogeneity problem of market structure and expand on the traditional analysis in several ways. The analysis...
Persistent link: https://www.econbiz.de/10005124424
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Price Competition, Innovation and Profitability: Theory and UK Evidence
Symeonidis, George - C.E.P.R. Discussion Papers - 2001
&D-intensive manufacturing industries, while it caused a significant rise in concentration in these industries. In the short run profitability …
Persistent link: https://www.econbiz.de/10005666839
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Adjustment and Performance of the Textile and Clothing Industry in the Czech Republic, Poland and Portugal
Benacek, Vladimir; Caban, Wieslaw; Corado, Cristina - C.E.P.R. Discussion Papers - 1995
We discuss the restructuring of the textile and clothing industry in two East European countries. The paper compares the industry there with that in Portugal. Even though this study is only concerned with one particular industry, it reveals how wide and intensive the problems of transition are....
Persistent link: https://www.econbiz.de/10005136480
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Imports and TFP at the Firm Level: The Role of Absorptive Capacity
Augier, Patricia; Cadot, Olivier; Dovis, Marion - C.E.P.R. Discussion Papers - 2009
Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative … approaches. In the first, we estimate TFP using the Olley-Pakes semi-parametric method and apply a diff-in-diff estimator with a … control group constructed by propensity-score matching. In the second, direct method, we estimate TFP with imported inputs as …
Persistent link: https://www.econbiz.de/10004972170
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TFPG Controversies, Institutions, and Economic Performance in East Asia
Rodrik, Dani - C.E.P.R. Discussion Papers - 1997
The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...
Persistent link: https://www.econbiz.de/10005124261
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Corporate Control and Executive Selection
Lippi, Francesco; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2010
distortion in executive selection can account for TFP differentials between control types of about 10%. The structural estimates …
Persistent link: https://www.econbiz.de/10008677237