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Ten facts on declining business dynamism and lessons from endogenous growth theory

Akcigit, Ufuk; Ates, Sina T. - 2019

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

Persistent link: https://www.econbiz.de/10012104042

The dynamics of automation adoption : firm-level heterogeneity and aggregate employment effects

Bisio, Laura; Cuzzola, Angelo; Grazzi, Marco; … - 2023

We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …

Persistent link: https://www.econbiz.de/10014383690

Dynamic entry and exit linkages in the Brazilian manufacturing industry : an econometric investigation

Resende, Marcelo; Ribeiro, Eduardo Pontual; Zeidan, … - 2013

The paper investigates dynamic linkages between entry and exit rates in Brazilian manufacturing in the context of 231 (4-digits) industries during the 1996-2005 period. The empirical analysis focuses on the estimation of a dynamic panel data for entry and exit rates and controls for the business...

Persistent link: https://www.econbiz.de/10009734846

Productivity, price- and wage-markups : an empirical analysis of the Dutch manufacturing industry

Amoroso, Sara; Melenberg, Bertrand; Plasmans, Joseph E. J. - 2015

This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage bargaining power. Our study contributes to several strands of literatures. First, we examine a monopolistic framework which accounts for wage bargaining. In addition to the...

Persistent link: https://www.econbiz.de/10010496909

Two-sided platforms and biases in technology adoption

Choi, Jay Pil; Jeon, Doh-Shin - 2020

We investigate the relationship between market structure and platforms' incentives to adopt technological innovations in two-sided markets, where platforms may find it optimal to charge zero price on the consumer side and to extract surplus on the advertising side. We consider innovations that...

Persistent link: https://www.econbiz.de/10012288007

Growing productivity without growing wages : the micro-level anatomy of the aggregate labor share decline

Kehrig, Matthias; Vincent, Nicolas - 2017 - First version: November 2015, this version: March 29, 2017

The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...

Persistent link: https://www.econbiz.de/10011646840

Firms in product space : adoption, growth and competition

Macedoni, Luca; Morrow, John; Tyazhelnikov, Vladimir - 2024

Which products are potentially produced together? When demand for a product increases, which firms will supply it? Using multi-product production patterns within and across firms, we recover a continuous cost-based distance between firms and unproduced products. Higher product distance implies...

Persistent link: https://www.econbiz.de/10015077827

ICT, collaboration, and science-based innovation : evidence from BITNET

Wernsdorf, Kathrin; Nagler, Markus; Watzinger, Martin - 2020

Does access to information and communication technologies (ICT) increase innovation? We examine this question by …

Persistent link: https://www.econbiz.de/10012304309

Was Obama elected by the internet? : broadband diffusion and voters' behavior in US presidential elections

Larcinese, Valentino; Miner, Luke - 2018

What are the political consequences of the diffusion of broadband internet? We address this question by studying the 2008 US presidential election, the first political campaign where the internet played a key role. Drawing on data from the FEC and the FCC, we provide robust evidence that...

Persistent link: https://www.econbiz.de/10011794226

Flow of ideas : economic societies and the rise of useful knowledge

Cinnirella, Francesco; Hornung, Erik; Koschnick, Julius - 2022

diffusion and, to some extent, shaped the geography of innovation. …

Persistent link: https://www.econbiz.de/10013285574