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Although market concentration is one of the main impediments to productivity growth globally, data constraints have … limited its analysis to developed countries or cross-country studies based on definitions of market concentration across … Herfindahl-Hirschman index (on a 0-100 scale), a measure of market concentration, explains an increase by 1 percent in the total …
Persistent link: https://www.econbiz.de/10012836579
labor market outcomes, as well changes in these features during the past 25 years. Counterfactual experiments imply that … experiments find little role for this country's labor market reforms in driving these variables. The results speak more generally …
Persistent link: https://www.econbiz.de/10013061953
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed …
Persistent link: https://www.econbiz.de/10013125476
Do firms employing undocumented workers have a competitive advantage? Using administrative data from the state of Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival. Firms are found to engage in herding behavior, being...
Persistent link: https://www.econbiz.de/10012765295
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
market integration. Our approach paves the way for detailed analysis of institutions in a heterogeneous firm model to better …
Persistent link: https://www.econbiz.de/10013129918
average productivity of firms in the market, thereby implying lower consumer prices and higher welfare. In an open economy …
Persistent link: https://www.econbiz.de/10013131927
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10013134819
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the …
Persistent link: https://www.econbiz.de/10013136032
consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … technology potentials, market sizes, trade openness and various business conditions as well as the international repercussions … reinvestigate the process of market exit …
Persistent link: https://www.econbiz.de/10013118266