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A firm's productivity depends on how production is organized given the level of demand for its product. To capture this … theory, heterogeneity in demand leads to heterogeneity in productivity and other firms' outcomes. We use the theory to … and will decentralize decisions. The new organization of the average exporter results in higher productivity, although the …
Persistent link: https://www.econbiz.de/10009246600
In this paper we present estimates of inventory models based on firm level panel data and investigate whether an over-simplified specification of the production technology may account for the failure to find technological incentives to smooth production in the context of the standard...
Persistent link: https://www.econbiz.de/10005667011
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the nature …
Persistent link: https://www.econbiz.de/10009322503
productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …
Persistent link: https://www.econbiz.de/10009385757
The paper presents new stylized facts on the direction of capital flows. We find (i) international capital flows net of government debt and/or official aid are positively correlated with growth; (ii) sovereign debt flows are negatively correlated with growth only if debt is financed by another...
Persistent link: https://www.econbiz.de/10009364326
The literature has shown that the implied welfare gains from international financial integration are very small. We revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes. We use a model of optimal savings that includes a...
Persistent link: https://www.econbiz.de/10009364327
We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms … transaction. The dataset also provides information to estimate the firms' productivity and their intensity in relationship …
Persistent link: https://www.econbiz.de/10009365648
distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high … productivity firms optimally raise their markup rather than the volume they export, low productivity firms choose the opposite … aggregate impact of exchange rate movements. The presence of fixed costs to export means that only high productivity firms can …
Persistent link: https://www.econbiz.de/10008506840