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-adjustment costs in an inflationary environment. The model nests both the original menu-cost model that allows production to be …
Persistent link: https://www.econbiz.de/10013316563
involves the organization of production in terms of the number of layers of management the firm decides to employ. Using … detailed employer-employee matched data and firm production quantity and input data for Portuguese firms, we study the …
Persistent link: https://www.econbiz.de/10012999785
transport via land, the difference in marginal cost between local production and imports varies across local markets. The … these markets via both domestic production and imports. Consistent with the theory, we find a negative relationship between … relative to the cost of domestic production affects the relationship between uncertainty and domestic capacity decisions. The …
Persistent link: https://www.econbiz.de/10008671710
production delays of various kinds. We model interruptions to the production process as a function of worker characteristics and …
Persistent link: https://www.econbiz.de/10009225826
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....
Persistent link: https://www.econbiz.de/10010741313
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can …
Persistent link: https://www.econbiz.de/10010743453
evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker …
Persistent link: https://www.econbiz.de/10010706000
This study investigates the impact of firm-specific discount factors on merger formation and market performance. We estimate firm-specific discount factors for 228 publicly traded and privately held firms operating in the semiconductor market and apply a heterogeneous treatment effects model...
Persistent link: https://www.econbiz.de/10011163068
This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004-2006 and model output by the firm as a function of skilled and unskilled labor,...
Persistent link: https://www.econbiz.de/10011097946
From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...
Persistent link: https://www.econbiz.de/10008799743