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China's declining business dynamism
Cerdeiro, Diego A.; Ruane, Cian - 2022
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to … analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …
Persistent link: https://www.econbiz.de/10013170240
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Resource misallocation among listed firms in China : the evolving role of state-owned enterprises
Jurzyk, Emilia; Ruane, Cian - 2021
and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009 … potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs …
Persistent link: https://www.econbiz.de/10012518918
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Distribution costs
Peter, Alessandra; Ruane, Cian - 2021
We provide the first direct estimates of distribution expenses incurred by manufacturing plants and assess their importance for aggregate output. Using a novel measure from the Indian Annual Survey of Industries, we document three key facts: (1) distribution expenses are large - they amount to...
Persistent link: https://www.econbiz.de/10013170582
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Informality and aggregate productivity : the case of Mexico
Alvarez, Jorge; Ruane, Cian - 2019
We assess the aggregate productivity impact of distortions arising from labor regulations in Mexico and how they … but small impacts on aggregate productivity …
Persistent link: https://www.econbiz.de/10012154849