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Firm Entry and Exit and Aggregate Growth
Asturias, Jose - 2017
Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry and exit during fast-growth episodes compared to slow-growth episodes. Studies of other countries confirm this empirical relationship. We develop a model of endogenous firm entry...
Persistent link: https://www.econbiz.de/10012962176
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Multi-Product Firms and Product Switching
Bernard, Andrew B. - 2010
This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972...
Persistent link: https://www.econbiz.de/10012761345
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Entrant Experience and Plant Exit
Dunne, Timothy - 2010
Producers entering a market can differ widely in their prior production experience, ranging from none to extensive experience in related geographic or product markets. In this paper, we quantify the nature of prior plant and firm experience for entrants into a market and measure its effect on...
Persistent link: https://www.econbiz.de/10012762694
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Product Choice and Product Switching
Bernard, Andrew B.; Redding, Stephen J.; Schott, Peter K. - 2021
This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...
Persistent link: https://www.econbiz.de/10013235862
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Nominal Exchange Rate Patterns : Correlationswith Entry, Exit, and Invesment in U.S. Industry
Goldberg, Linda S. - 2021
The view that the strength of the dollar in the early 1980s was associated with persistent restructuring of United States industry is supported by correlations between exchange rate patterns and data on business formation, business failure and sectoral investment in new plant and equipment....
Persistent link: https://www.econbiz.de/10013227214
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Heterogeneous Productivity Response to Tariff Reduction : Evidence from Brazilian Manufacturing Firms
Schor, Adriana - 2021
This paper studies the effects of trade liberalization on the evolution of firm productivity. The productivity of each firm was estimated using an unbalanced panel data of 4,484 Brazilian manufacturing firms from 1986 to 1998, following the procedure first proposed by Olley and Pakes (1996) and...
Persistent link: https://www.econbiz.de/10013231593
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Export Entry and Exit by German Firms
Bernard, Andrew B.; Wagner, Joachim - 2021
This paper examines the decision to enter the export market by German firms. While exports have played an important …
Persistent link: https://www.econbiz.de/10013228015
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Firm-Level Evidence on Productivity Differentials, Turnover, and Exports in Taiwanese Manufacturing
Aw, Bee Yan; Chen, Xiaomin; Roberts, Mark J. - 2021
The manufacturing sector in Taiwan has a market structure composed of large numbers of small firms, a focus on less capital-intensive industries, and a dense network of firms specializing in subcontracting and trading services. It has been argued that these features lower the start-up costs of...
Persistent link: https://www.econbiz.de/10013219297
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Exporting and Performance of Plants : Evidence from Korean Manufacturing
Hahn, Chinhee - 2021
questions examined are whether exporting improves productivity (learning) and/or whether more productive plants export (self …-selection). This study provides evidence supporting both self-selection and learning-by-exporting effects, with both effects being more …-sectional correlation between exporting and total factor productivity is accounted for by both selection and learning effects. These results …
Persistent link: https://www.econbiz.de/10013226951
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Exporting Raises Productivity in Sub-Saharan African Manufacturing Plants
Van Biesebroeck, Johannes - 2021
Proponents of trade liberalization argue that it will force firms to produce closer to the production possibility frontier and that the frontier will move out faster. In particular, plants that export will achieve a higher productivity level. However intuitive the argument, empirical evidence is...
Persistent link: https://www.econbiz.de/10013227223