Showing 1 - 10 of 190
growth, the Second Industrial Revolution (1870-1914) in France. In this period, technology became skill-intensive, leading to …
Persistent link: https://www.econbiz.de/10012039060
shaping of a market for executives in France. Characteristics of this market are estimated for France and a competitive model … elasticity of compensation in France is equal to 0.5 and justifies a large magnitude in compensation. To moderate those …
Persistent link: https://www.econbiz.de/10003751204
This study explores the impact of industrialization on secondary schooling in 19th century France. As a source of … exogenous variation in industrialization across the French territory, it takes advantage of the openings and closures of mines … that industrialization had a negative but mostly insignificant effect on high-school enrollment. However, industrialization …
Persistent link: https://www.econbiz.de/10013486144
How did Britain sustain faster rates of economic growth than comparable European countries, such as France, during the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network … quantify the implications for technology growth rates in Britain compared to France. Our results indicate that the shape of the …
Persistent link: https://www.econbiz.de/10015051728
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity...
Persistent link: https://www.econbiz.de/10011417711
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far there is no appropriate theoretical model to explain the underlying forces of this observation. This paper analyzes an oligopoly model with asymmetric multiproduct frms, which...
Persistent link: https://www.econbiz.de/10011509499
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/10011449239
This study uses a large firm-level data set covering more than 80 countries to explore the effects of firm-size, city-size, and government-size on perceived and experienced corruption. Four points summarize our main findings, which seem instructive and new. First, there is a broad structural...
Persistent link: https://www.econbiz.de/10012599915
Theory suggests that large firms are more likely to engage in lobbying behaviour and are geographically more mobile than smaller entities. Conditional on jurisdiction size, policy choices are thus predicted to depend on the shape of a jurisdiction’s firm size distribution, with more...
Persistent link: https://www.econbiz.de/10011795034