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Trade, FDI, and the Organization of Firms
Helpman, Elhanan - 2021
New developments in the world economy have triggered research designed to better understand the changes in trade and investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to offer in explaining parts of this puzzle, other...
Persistent link: https://www.econbiz.de/10013219328
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Organizational Flexibility and Employment Dynamics at Young and Old Plants
Campbell, Jeffrey R.; Fisher, Jonas D. M. - 2021
There are significant differences in the dynamics of employment over the business cycle between young and old manufacturing plants. Young plants are more sensitive to aggregate disturbances, and they respond to them along different margins. We interpret these differences as reflecting greater...
Persistent link: https://www.econbiz.de/10013248102
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ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production
Mohnen, Pierre - 2018
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate an integrated model of investment profile adoption and...
Persistent link: https://www.econbiz.de/10012911090
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The Flattening Firm and Product Market Competition : The Effect of Trade Liberalization
Guadalupe, Maria - 2014
This paper establishes a causal effect of competition from trade liberalization on various characteristics of … competition leads firms to become flatter, i.e., (i) reduce the number of positions between the CEO and division managers (DM …
Persistent link: https://www.econbiz.de/10012751125
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Do Management Interventions Last? Evidence from India
Bloom, Nicholas - 2018
Beginning in 2008, we ran a randomized controlled trial that changed management practices in a set of Indian weaving … management practices adopted in the original experimental plants had been dropped, there was still a large and significant gap in … control plants, suggesting lasting impacts of effective management interventions. Second, while few management practices had …
Persistent link: https://www.econbiz.de/10012929007
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State-Owned Enterprise Behaviour Responses to Trade Reforms : Some Analytics and Numerical Simulation Results Using Chinese Data
Whalley, John - 2007
We note the absence of prior literature on analytical structures to be used for China and other economies with extensive SOEs when evaluating behavioural responses of SOEs to trade policy and other changes. This is despite both the large empirical literature discussing the productivity effects...
Persistent link: https://www.econbiz.de/10012778093
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Reorganization or Liquidation : Bankruptcy Choice and Firm Dynamics
Corbae, Dean - 2017
In this paper, we ask how bankruptcy law affects the financial decisions of corporations and its implications for firm dynamics. According to current U.S. law, firms have two bankruptcy options: Chapter 7 liquidation and Chapter 11 reorganization. Using Compustat data, we first document capital...
Persistent link: https://www.econbiz.de/10012953996
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Religion, Longevity, and Cooperation : The Case of the Craft Guild
Richardson, Gary - 2008
When the mortality rate is high, repeated interaction alone may not sustain cooperation, and religion may play an important role in shaping economic institutions. This insight explains why during the fourteenth century, when plagues decimated populations and the church promoted the doctrine of...
Persistent link: https://www.econbiz.de/10012771894
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Grasp the Large, Let Go of the Small : The Transformation of the State Sector in China
Hsieh, Chang-Tai - 2015
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10013026794
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A Retrospective Look at Rescuing and Restructuring General Motors and Chrysler
Goolsbee, Austan D. - 2015
This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S....
Persistent link: https://www.econbiz.de/10013026801