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The Origins of Firm Heterogeneity : A Production Network Approach
Bernard, Andrew B. - 2019
This paper quantifies the origins of firm size heterogeneity when firms are interconnected in a production network. Using the universe of buyer-supplier relationships in Belgium, the paper develops a set of stylized facts that motivate a model in which firms buy inputs from upstream suppliers...
Persistent link: https://www.econbiz.de/10012892141
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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …
Persistent link: https://www.econbiz.de/10010264240
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Competition in the service sector and the performances of manufacturing firms: Does liberalization matter?
Forlani, Emanuele - 2010
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10010266094
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Firm size and monetary policy transmission: evidence from German business survey data
Ehrmann, Michael - 2004
Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission of monetary policy. The business conditions of small firms are found to be somewhat more...
Persistent link: https://www.econbiz.de/10010261201
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Trade Costs in Services : Firm Survival, Firm Growth and Implied Changes in Employment
Christen, Elisabeth M. - 2020
This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for firm entry rates at the industry-region level complete...
Persistent link: https://www.econbiz.de/10012844212
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Population Size and the Size of Government
Krieger, Tim - 2019
We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...
Persistent link: https://www.econbiz.de/10012889229
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The Political Economy of Too-Big-To-Fail
Amegashie, J. Atsu - 2019
I consider a two-period model in which being "too big" is only a necessary condition for an insolvent firm to receive a government bailout because, in addition to meeting a threshold asset size, the firm must engage in a lobbying contest in order to be bailed out. The firm has a political...
Persistent link: https://www.econbiz.de/10012892181
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On the Profitability of Cross-Ownership in Cournot Oligopolies : Stock Sizes Matter
Benchekroun, Hassan - 2020
highlight that cross-ownership can be preferable to a horizontal merger under Cournot competition. Not only is it more …
Persistent link: https://www.econbiz.de/10012824811
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Urban Specialisation; from Sectoral to Functional
Gervais, Antoine; Markusen, James R.; Venables, Anthony J. - 2021
-city country trades with the larger world, and workers within the country are mobile between the two cities. Productivity in a …
Persistent link: https://www.econbiz.de/10013250045
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Are Bigger Banks Better? Firm-Level Evidence from Germany
Huber, Kilian - 2021
The effects of large banks on the real economy are theoretically ambiguous and politically controversial. I identify quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship banks became bigger. In fact, opaque borrowers grew more...
Persistent link: https://www.econbiz.de/10013314846