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secure persistently superior performance via investments in better management and organization. We empirically analyze the … management is driven by two key organizational trade-offs: employee initiative vs. coordination as well as exploration of novel …
Persistent link: https://www.econbiz.de/10012457820
We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
Beginning in 2008, we ran a randomized controlled trial that changed management practices in a set of Indian weaving … management practices adopted in the original experimental plants had been dropped, there was still a large and significant gap in … control plants, suggesting lasting impacts of effective management interventions. Second, while few management practices had …
Persistent link: https://www.econbiz.de/10012453465
This paper exploits a unique offshoring survey to show that firms continue domestic production of the same goods they offshore to low-wage countries. This shift towards "produced-good imports" coincides with a reallocation of labor from physical production to innovation and technology...
Persistent link: https://www.econbiz.de/10012482035
How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory has ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could discourage discretionary disclosure. On the...
Persistent link: https://www.econbiz.de/10012461026
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
This paper studies the expansion patterns of the multinational enterprise (MNE) in time and space. Using a long panel of US MNEs, we document that MNE affiliates usually start with sales exclusively to the host market and eventually enter export markets, and that this extensive margin of...
Persistent link: https://www.econbiz.de/10012479754
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012479927
We review a recent body of theoretical literature that links the creation and diffusion of knowledge and technology to openness. We analyze two channels through which the spread of new ideas occurs: international trade and the activity of multinational firms (multinational production). The...
Persistent link: https://www.econbiz.de/10012480722
We construct a model of international trade and multinational production (MP) to examine the impact of globalization on the skill premium in skill-abundant and skill-scarce countries. The key mechanisms in our framework arise from the interaction between three elements: cross-country differences...
Persistent link: https://www.econbiz.de/10012462198