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aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10012467103
The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions … endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that … as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer …
Persistent link: https://www.econbiz.de/10012456859
localized spillover effects of the new parks on local incumbent firm productivity, the growth of retail activity close to the …
Persistent link: https://www.econbiz.de/10012457290
We develop a framework that examines the organizational challenges faced by central rulers governing large territories, where administrative power needs to be delegated to local elites. We describe how economic change can motivate rulers to empower different elites and emphasize the interaction...
Persistent link: https://www.econbiz.de/10014576570
economic predicament. With an aggregate labour productivity of 55% relative to the rest of the country, both are true transfer …
Persistent link: https://www.econbiz.de/10012470604
In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and …
Persistent link: https://www.econbiz.de/10012458239
We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes … of measured TFP, GDP, and employment to regional and sectoral productivity changes. We find that the elasticities vary …
Persistent link: https://www.econbiz.de/10012458497
productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of …
Persistent link: https://www.econbiz.de/10012461499
We provide sufficient statistics for nominal and real wage exposure to productivity shocks in a constant elasticity … wages in each location with respect to productivity shocks in all locations. They are readily computed using commonly … provide theory-consistent measures of locations' exposure to productivity shocks for use in further economic and statistical …
Persistent link: https://www.econbiz.de/10014322852
We argue that China, with its long history, a relatively stable political system, and multiple regime changes, provides … us an opportunity to investigate the political economy of administrative hierarchy. Using prefecture-level panel data and … exploiting regime changes during AD1000-2000, we find that gaining and losing importance in the political hierarchy led to the …
Persistent link: https://www.econbiz.de/10012479176