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Deep dynamics
Gottfries, Nils; Mickelsson, Glenn; Stadin, Karolina - 2021
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
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Business dynamics and productivity growth in the Netherlands
Freeman, Daan; Bettendorf, Leon; Heuvelen, Gerrit Hugo van - 2024
productivity growth. We utilise a rich microdata set covering the period 2006-2016, encompassing nearly all Dutch corporations …. This dataset facilitates an evaluation of start-ups’ and exiting firms’ contributions to Total Factor Productivity (TFP … display lower productivity than incumbents, their productivity growth outpaces that of incumbents. In services, entrants …
Persistent link: https://www.econbiz.de/10014517965
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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
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Market size and TFP in new new trade theory
Felbermayr, Gabriel; Jung, Benjamin - 2015
of total factor productivity (TFP) - and equivalently of real per capita income or welfare - as a smaller fraction of … more input varieties available, the average productivity of firms is lower as greater market size protects inefficient …
Persistent link: https://www.econbiz.de/10011375682
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Ideas production and international knowledge spillovers : digging deeper into emerging countries
Luintel, Kul Bahadur; Khan, Mosahid - 2017
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10011752254
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Import liberalization as export destruction? : evidence from the United States
Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022
How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of...
Persistent link: https://www.econbiz.de/10012817913
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The cost of regulatory compliance in the United States
Trebbi, Francesco; Zhang, Miao Ben; Simkovic, Michael - 2023
One of the key questions in the study of regulation is whether the costs of regulatory compliance fall homogeneously on all businesses or whether certain firms, for instance small ones, are especially penalized. We quantify firms' compliance costs in terms of their labor spending to adhere to...
Persistent link: https://www.econbiz.de/10014320686
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Firm performance and trade with low-income countries : evidence from China
Schmerer, Hans-Jörg; Wang, Luhang - 2014
evidence for sequential sorting into different export-modes according to firm productivity: i) only the most productive firms …
Persistent link: https://www.econbiz.de/10010391833
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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
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Trade liberalization, input intermediaries and firm productivity : evidence from China
Defever, Fabrice; Imbruno, Michele; Kneller, Richard - 2019
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012138753