Similar Search Results

Port Efficiency, Maritime Transport Costs and Bilateral Trade

Clark, Ximena; Dollar, David; Micco, Alejandro - 2021

determinant of shipping costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent … explain variations in port efficiency and find that they are linked to excessive regulation, the prevalence of organized crime … world. Distance volumes and product characteristics matter. In addition, we find that ports efficiency is an important …

Persistent link: https://www.econbiz.de/10013233046

Would You Buy a Honda Made in the U.S.? The Impact of Production Location on Manufacturing Quality

Lacetera, Nicola - 2014

Are location-specific factors--such as the education and attitude of the local workforce, supplier networks, institutional infrastructure, and local "culture"--important for understanding persistent heterogeneities among firms? We address this question in the context of the automobile industry....

Persistent link: https://www.econbiz.de/10013066220

Agglomerative Forces and Cluster Shapes

Kerr, William - 2014

We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...

Persistent link: https://www.econbiz.de/10013068841

Financial Structure, Liquidity, and Firm Locations

Almazan, Andres; De Motta, Adolfo - 2008

This paper investigates the relation between a firm's location and its corporate finance decisions. We develop a simple model where being located within an industry cluster increases opportunities to make acquisitions, and to facilitate those acquisitions, firms within clusters maintain more...

Persistent link: https://www.econbiz.de/10012773184

Exporting Pollution : Where Do Multinational Firms Emit Co2?

Ben-David, Itzhak - 2018

Despite widespread awareness of the detrimental impact of CO2 pollution on the world climate, countries vary widely in how they design and enforce environmental laws. Using novel microdata about multinational firms' CO2 emissions across countries, we document that firms headquartered in...

Persistent link: https://www.econbiz.de/10012909911

The Only Game in Town : Stock-Price Consequences of Local Bias

Kubik, Jeffrey D. - 2009

Theory suggests that, in the presence of local bias, the price of a stock should be decreasing in the ratio of the aggregate book value of firms in its region to the aggregate risk tolerance of investors in its region. We test this proposition using data on U.S. Census regions and states, and...

Persistent link: https://www.econbiz.de/10012767545

Urban Vibrancy and Corporate Growth

Dougal, Casey - 2014

We find that a firm's investment is highly sensitive to the investments of other firms headquartered nearby, even those in very different industries. It also responds to fluctuations in the cash flows and stock prices (q) of local firms outside its sector. These patterns do not appear to reflect...

Persistent link: https://www.econbiz.de/10013049693

The Geography of Financial Misconduct

Parsons, Christopher A. - 2014

We find that a firm's tendency to engage in financial misconduct increases with the misconduct rates of neighboring firms. This appears to be caused by peer effects, rather than exogenous shocks like regional variation in enforcement. Effects are stronger among firms of comparable size, and...

Persistent link: https://www.econbiz.de/10013049696

Market Potential, Increasing Returns, and Geographic Concentration

Hanson, Gordon H. - 2021

In this paper, I examine the relationship between increasing returns to scale and the geographic concentration of economic activity. Using data on U.S. counties, I estimate the structural parameters of the Krugman (1991) model of economic geography. The specification I use, which is derived from...

Persistent link: https://www.econbiz.de/10013218094

Jurisdictional Advantage

Feldman, Maryann P.; Martin, Roger L. - 2021

Our objective in this paper is to define jurisdictional advantage, the recognition that location is critical to firms' innovative success and that every location has unique assets that are not easily replicated. The purpose is to be normative and policy oriented. Drawing from the well-developed...

Persistent link: https://www.econbiz.de/10013220418

1
2
3
4
5
6
7
8
9
10
Next
Last