Showing 1 - 10 of 578
This paper empirically investigates the effects of trade liberalization on plant productivity in the case of Chile … question in two steps. In the first step, I estimate a production function to obtain a measure of plant productivity. I … estimates of the input coefficients required to construct a productivity measure. I explicitly incorporate plant exit in the …
Persistent link: https://www.econbiz.de/10005777941
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10005248946
acquisition target based on its productivity level, profitability and other characteristics and whether the performance of … manufacturing sector, we found that M&As by foreigners brought a larger and quicker improvement in total factor productivity (TFP … acquisitions improved target firms%u2019 productivity and profitability significantly more and quicker than acquisitions by …
Persistent link: https://www.econbiz.de/10005088696
A firm's productivity depends on how production is organized given the level of demand for its product. To capture this … theory, heterogeneity in demand leads to heterogeneity in productivity and other firms' outcomes. We use the theory to … and will decentralize decisions. The new organization of the average exporter results in higher productivity, although the …
Persistent link: https://www.econbiz.de/10009251507
While there is strong evidence for productivity-driven selection into exporting, previous research has mostly failed to … identify export-related efficiency gains within plants. This non-result is derived from revenue productivity (TFPR), thus also …
Persistent link: https://www.econbiz.de/10010969319
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10010951335
International comparisons of the level of labor or total factor productivity have used exchange rates or purchasing … persistent, raising the need for disaggregate price measures to make disaggregate productivity comparisons. Sectoral differences …
Persistent link: https://www.econbiz.de/10005714340
Many economic decisions involve a binary choice - for example, when consumers decide to purchase a good or when firms decide to enter a new market. In such settings, agents' choices often depend on imperfect expectations of the future payoffs from their decision (expectational error) as well as...
Persistent link: https://www.econbiz.de/10010951018
This paper studies two episodes where an exporting industry saw its sales plummet after importing countries banned their products to protect their citizens' health. The first case is the poisoned grapes crisis involving Chile and the United States in 1989. The second is the mad cows dispute...
Persistent link: https://www.econbiz.de/10005828573
This paper proposes a new test of the Protection for Sale (PFS) model by Grossman and Helpman (1994). Unlike existing methods in the literature, our approach does not require any data on political organizations. We formally show that the PFS model predicts that the quantile regression of the...
Persistent link: https://www.econbiz.de/10005828693