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This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the development of new theories emphasizing firm...
Persistent link: https://www.econbiz.de/10009371478
The effect of labour costs on industry profits, employment and labour income is at the heart of the current European debate on industry competitiveness. High wages paid in European countries such as Germany are generally considered harmful for industry profitability. Although, high wages also...
Persistent link: https://www.econbiz.de/10005124124
efficiency. First, treatment firms have higher productivity and quality after accounting for rug specifications. Second, when …
Persistent link: https://www.econbiz.de/10011096097
This paper studies the choice of organizational forms in a multi-task principal-agent model. We compare a functional organization in which the firm is organized into functional departments such as marketing and R&D to a product-based organization in which the firm is organized into product...
Persistent link: https://www.econbiz.de/10005789163
We formalize the phenomenon of disruptive technologies (Christensen, 1997) that initially serve isolated market niches and, as they mature, expand to displace established technologies from mainstream segments. Using a model of horizontal and vertical differentiation with discrete customer...
Persistent link: https://www.econbiz.de/10005791327
multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country …, selection into importing features complementarity across markets and firms' sourcing strategies follow a hierarchical structure …
Persistent link: https://www.econbiz.de/10011145398
from this change while consumers lose out. Consumers in the importing country are the biggest beneficiaries, but domestic …
Persistent link: https://www.econbiz.de/10005666635
market structures are associated with higher total factor productivity. These effects depend, however, on the ownership …
Persistent link: https://www.econbiz.de/10005504242
The 'big-bang' liberalization of the inefficient Russian economy in 1992 provides a fruitful setting for analysing the impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel data on 14,961 enterprises covering 75 percent of...
Persistent link: https://www.econbiz.de/10005661595
the separate effects of competition and ownership concentration on firm level productivity growth. Next, we investigate … bias that could affect the productivity levels and productivity growth. Our results show that product market competition …-shaped relationship with performance. Firms with relatively dispersed and relatively concentrated ownership have higher productivity …
Persistent link: https://www.econbiz.de/10005661646