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may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … managers. Using Spanish firm-level data, we compare how familymanaged and professionally-managed firms react to import … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially …
Persistent link: https://www.econbiz.de/10012156535
, higher productivity plants, account for the bulk of sales, and also sell externally most of the inputs they produce. In a … "spinouts": managers of input divisions can start their own firms, making customized inputs formerly provided internally subject … lead to inefficiently low entry. Vertically integrated firms can fight back by hiring managers for their input divisions …
Persistent link: https://www.econbiz.de/10010223389
This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …
Persistent link: https://www.econbiz.de/10003898866
We study how increased import competition affects the evolution of productivity in a small open economy. We use a … productivity. We find that a 1% increase in the import share leads to a 1.05% gain in productivity. This elasticity translates into … also find that firms respond to competition by focusing more on their core products. Instrumenting import share with changes …
Persistent link: https://www.econbiz.de/10014551807
show that import competition is a major cause of job polarization. Import competition with China accounts for about 17% of …
Persistent link: https://www.econbiz.de/10011499755
. The empirical strategy relies on variation in import competition across local labor markets based on their industrial … composition before China entered the global market in 2001. In contrast to much of the existing literature, we find that import …
Persistent link: https://www.econbiz.de/10013166344
In recent years, manufacturing firms in the United States have faced increasing import competition from low …-2006 for US publicly-listed firms in the Compustat dataset. We find consistent evidence that Chinese import competition had a … instrument import competition in the US by using Chinese import penetration in the United Kingdom. Next we investigate this …
Persistent link: https://www.econbiz.de/10011688170
increased import exposure has led to an increase in the probability of German plants leaving industry-wide bargaining agreements …
Persistent link: https://www.econbiz.de/10012033340
We empirically examine how import competition affects sentiment toward China in local communities in the United States … turning negative. Second, communities more exposed to import competition from China have experienced a greater deterioration …
Persistent link: https://www.econbiz.de/10014514814
definitions of competition: the intensity of import penetration, which accounts for price competition, and the intensity of R …
Persistent link: https://www.econbiz.de/10011280832