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Convergence in Institutions and Market Outcomes : Cross-Country and Time-Series Evidence from the BEEPS Surveys in Transition Economies

Mitra, Pradeep K.; Muravyev, Alexander; Schaffer, Mark E. - 2021

This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...

Persistent link: https://www.econbiz.de/10013324752

Consequences of a Massive Refugee Influx on Firm Performance and Market Structure

Akgündüz, Yusuf; Bağır, Yusuf; Cilasun, Seyit; … - 2021

number of firms rises, new firms are more likely to be small. The resulting market structure shows less concentration and …

Persistent link: https://www.econbiz.de/10013314783

Concentrating on the Fall of the Labor Share

Autor, David H. - 2017

al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …

Persistent link: https://www.econbiz.de/10012963787

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …

Persistent link: https://www.econbiz.de/10012956029

Rising Concentration and Wage Inequality

Cortes, Guido Matias - 2020

shocks that increase concentration will also lead to an increase in wage dispersion between firms. Empirically, we use …-tically significant correlation between concentration and between-firm wage inequality, driven by increases in market shares and wages in …

Persistent link: https://www.econbiz.de/10012826722

The Impact of Trade Liberalization on Firms' Product and Labor Market Power

Dobbelaere, Sabien - 2020

This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...

Persistent link: https://www.econbiz.de/10012842037

Entry, Exit and Productivity : Empirical Results for German Manufacturing Industries

Wagner, Joachim - 2007

Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent...

Persistent link: https://www.econbiz.de/10012777270

Trade, Quality Upgrading and Wage Inequality in the Mexican Manufacturing Sector

Verhoogen, Eric - 2021

This paper proposes a new mechanism linking trade and wage inequality in developing countries - the quality-upgrading mechanism - and investigates its empirical implications in panel data on Mexican manufacturing plants. In a model with heterogeneous plants and quality-differentiated goods, only...

Persistent link: https://www.econbiz.de/10013316928

Minimum Wages, Productivity, and Reallocation

Haelbig, Mirja; Mertens, Matthias; Müller, Steffen - 2023

We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of output price increases. We find higher wages but no...

Persistent link: https://www.econbiz.de/10014350440

Credit Constraints as a Barrier to the Entryand Post-Entry Growth of Firms

Aghion, Philippe; Fally, Thibault; Scarpetta, Stefano - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Advanced market economies are characterized by a continuous process of creativedestruction. Market forces and technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms´ decision to enter, to expandif successful and to exit if...

Persistent link: https://www.econbiz.de/10005861084