Showing 1 - 10 of 59
Power is one of the key components in understanding and analyzing global production and is central to the analytical frameworks of both GVCs and GPNs. By focusing on firms' power within GPNs, we are able to draw a novel analytical link between the governance structures of GVCs and network...
Persistent link: https://www.econbiz.de/10012224253
If the relation between investment and economic growth is well established in the macroeconomic literature, the … linking investment and firm performance in the French and Italian manufacturing industries. It does so by putting forth a … novel methodology to identify investment spikes that corrects for size dependence. While maintaining the desired properties …
Persistent link: https://www.econbiz.de/10009709518
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …
Persistent link: https://www.econbiz.de/10010500809
-constrained. -- Firm Size ; Liquidity Constraints ; Firm Growth ; Investment ; Gibrat Law …
Persistent link: https://www.econbiz.de/10003209496
We study the productivity level distributions of manufacturing firms in France and Germany, and how these distributions evolved across the Great Recession. We show the presence of a systematic productivity advantage of German firms over French ones in the decade 2003-2013, but the gap has...
Persistent link: https://www.econbiz.de/10012319184
that the countries' sectoral market shares are indeed mainly shaped by technological factors (proxied by investment …
Persistent link: https://www.econbiz.de/10010403711
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of technological change can give a better explanation of the...
Persistent link: https://www.econbiz.de/10001907231
This paper empirically investigates how the inter-sectoral knowledge flows affect the international competitiveness of industries, once controlling for both cost and other technological factors. Using patent data on 14 manufacturing industries in 16 OECD countries over the period 1995-2009, we...
Persistent link: https://www.econbiz.de/10012053043
This paper reconstructs Revealed Comparative Advantages (RCA) and Economic Complexity Indices (ECI) for a large number of countries in the second half of the 19th century, by using data from the catalogues of five universal exhibitions held in Paris in 1855, 1867, 1878, 1889, and 1900. This...
Persistent link: https://www.econbiz.de/10012030426
We develop a model to study the impact of corporate governance on firm investment decisions and industry competition … investment strategy and we study how different governance structures shape technical progress and the degree of competition over …
Persistent link: https://www.econbiz.de/10012319182