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We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...
Persistent link: https://www.econbiz.de/10013069687
We document geographic concentration by both venture capital firms and venture capital-financed companies in three cities - San Francisco, Boston, and New York. We find that firms open new satellite offices based on the success rate of venture capital-backed investments in an area. Geography is...
Persistent link: https://www.econbiz.de/10013071042
We review historical patterns of economic geography' for the United States from the colonial period to the present day. The analysis is framed in terms of two geographic scales: regions and cities. The compelling reason for studying geographic areas of different scales is that models that...
Persistent link: https://www.econbiz.de/10013238931
implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences … real exchange rate appreciation would likely have pronounced effects on both net employment and wage rates. A 10% RMB … appreciation would likely cause a net employment decline in Chinese manufacturing industries of between 4.1% and 5.3%, and a wage …
Persistent link: https://www.econbiz.de/10013118843
or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is …
Persistent link: https://www.econbiz.de/10013066002
, age, and prior growth. Relative to controls, employment at target establishments declines 3 percent over two years post … at target firms are less than 1 percent of initial employment. In contrast, the sum of gross job creation and destruction … at target firms exceeds that of controls by 13 percent of employment over two years. In short, private equity buyouts …
Persistent link: https://www.econbiz.de/10013067389
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages …
Persistent link: https://www.econbiz.de/10013223179
relative to non-exporters. Employment, shipments and capital intensity are all higher at exporters at any given moment. This … exporters. The benefits of exporting for the firm are less clear. Employment" growth and the probability of survival are both …
Persistent link: https://www.econbiz.de/10013246269
, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …
Persistent link: https://www.econbiz.de/10012752211
The decline in the employment-population ratios for men and women over the period 2000-2007 prior to the Great … Recession represents an historic turnaround in the evolution of U.S. employment. The decline is disproportionately concentrated … experienced quite different wage and employment trends. Neither taxes nor transfers appear likely to explain the employment …
Persistent link: https://www.econbiz.de/10013098143