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Competition in Large Markets
Campbell, Jeffrey R. - 2005
This paper develops a simple and robust implication of free entry followed by competition without substantial strategic interactions: Increasing the number of consumers leaves the distributions of producers' prices and other choices unchanged. In many models featuring non-trivial strategic...
Persistent link: https://www.econbiz.de/10012466824
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From Imitation to Innovation : Where Is all that Chinese R&D Going?
König, Michael - 2020
distribution of R&D and TFP growth in China during the period 2007--2012. The estimated model fits the Chinese data well. We …
Persistent link: https://www.econbiz.de/10012481599
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Chinese Firm and Industry Reactions to Antidumping Initiations and Measures
Li, Chunding - 2010
Because of large and rapid growing export volumes and its formal status as a non-market economy; China has been the … are against China; India, in turn, is the largest source of initiation against China by number of actions. Here we explore … empirically. We use industrial panel data on all Chinese firms in the industry, foreign firms operating within China and state …
Persistent link: https://www.econbiz.de/10012462211
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Brand Management and Strategies Against Counterfeits
Qian, Yi - 2012
In this paper I provide a theory for brand-protection strategies to reduce counterfeiting under weak intellectual property rights. My theoretical framework has general implications for endogenous sunk cost investments as a means of deterring counterfeiters. My model incorporates two layers of...
Persistent link: https://www.econbiz.de/10012460761
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Management and Misallocation in Mexico
Bloom, Nicholas; Iacovone, Leonardo; Pereira-López, Mariana - National Bureau of Economic Research - 2022
We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...
Persistent link: https://www.econbiz.de/10012938686
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Corporate Flexibility in a Time of Crisis
Barry, John W.; Campello, Murillo; Graham, John R.; Ma, … - National Bureau of Economic Research - 2022
We use the COVID shock to study the direct and interactive effects of several forms of corporate flexibility on short- and long-term real business plans. We find that i) workplace flexibility, namely the ability for employees to work remotely, plays a central role in determining firms'...
Persistent link: https://www.econbiz.de/10012938715
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Uncertainty and Change : Survey Evidence of Firms' Subjective Beliefs
Bachmann, Ruediger; Carstensen, Kai; Lautenbacher, Stefan; … - National Bureau of Economic Research - 2021
This paper studies how managers plan under uncertainty. In a new survey panel on German manufacturing firms, we show that uncertainty reflects change: Planning incorporates higher subjective uncertainty about future sales growth when the firm has just experienced unusual growth, and more so if...
Persistent link: https://www.econbiz.de/10012660107
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The Effects of Going Public on Firm Performance and Commercialization Strategy : Evidence from International IPOs
Larrain, Borja; Phillips, Gordon M.; Sertsios, Giorgo; … - National Bureau of Economic Research - 2021
We study the effects of going public using a unique panel of firms in 16 European countries for which we observe financial data before and after firms' initial-public-offering (IPO) attempts. We compare firms that complete their IPO with firms that withdraw their IPO. We instrument the going...
Persistent link: https://www.econbiz.de/10012629439
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Revealing Corruption : Firm and Worker Level Evidence from Brazil
Colonnelli, Emanuele; Lagaras, Spyridon; Ponticelli, Jacopo - National Bureau of Economic Research - 2022
We study how the disclosure of corrupt practices affects the growth of firms involved in illegal interactions with the government using randomized audits of public procurement in Brazil. On average, firms exposed by the anti-corruption program grow larger after the audits, despite experiencing a...
Persistent link: https://www.econbiz.de/10012814402
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How Are Employers Responding to an Aging Workforce?
Clark, Robert L. - 2020
The American population is aging and changes in the population's age structure are leading to an aging of the nation's workforce. In addition, changes to age specific participation rates are exacerbating the aging of the national labor force. An important challenge for firms and organizations is...
Persistent link: https://www.econbiz.de/10012479157