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Information frictions make foreign trade risky. Therefore, many countries offer export credit guarantees that insure … trade. We arrive at three major findings. First, guarantees increase firm exports to the foreign market for which they were … particularly disadvantaged by information frictions in trade. Guarantees also increase value added and jobs but only for …
Persistent link: https://www.econbiz.de/10012654440
This paper analyses the effect of foreign acquisition on survival probability and employment growth of target plant using data on Swedish manufacturing plants during the period 1993-2002. An improvement over previous studies is that we take into account firm level heterogeneity by separating the...
Persistent link: https://www.econbiz.de/10012654345
This paper attempts to identify and examine labor intensive industries in the organized manufacturing sector in India in order to understand their employment generation potential. Using the data from the Annual Survey of Industries (Government of India, various issues), the labor intensity for...
Persistent link: https://www.econbiz.de/10011807642
This study attempts to address the issue of declining labour intensity in India's organized manufacturing in order to understand the constraints on employment generation in the labour intensive sectors. Using primary survey data covering 252 labour intensive manufacturing-exporting firms across...
Persistent link: https://www.econbiz.de/10011807643
Despite witnessing a decade of rapid economic growth, an acceleration of growth in the organised manufacturing sector has eluded India. Using data from the An nual Survey of Industries, we examine the factors holding back the growth of output and employment in this sector. We find that there are...
Persistent link: https://www.econbiz.de/10011807692
We determine workforce composition and wages in firms in the presence of productivity spill-overs between co-workers. In equilibrium, workers' wages depend on the production struc- ture of firms, own group size, and aggregate workforce composition in the firm. We estimate the wage effects of...
Persistent link: https://www.econbiz.de/10011310798
We use longitudinal micro data to estimate the urban density premium for U.S. establishments, controlling for observed establishment characteristics and dynamic establishment behavior. We find that a doubling of urban density increases the average earnings of establishments by between 6 and 10...
Persistent link: https://www.econbiz.de/10010352180
Persistent differences in entrepreneurial activity between regions and countries remain unexplained. This paper argues that cultural heritage is an important determinant. We exploit a quasi-experimental setting comparing entrepreneurial activities of individuals with different cultural ancestry...
Persistent link: https://www.econbiz.de/10011993802
9-ending prices are a dominant feature of many retail settings, which according to the existing literature, is because consumers perceive them as being relatively low. Are 9-ending prices really lower than comparable non 9-ending prices? Surprisingly, the empirical evidence on this question is...
Persistent link: https://www.econbiz.de/10012057431
This paper proposes a method to calculate undistributed profits, thus saving rates of non-financial firms using only the information given in their balance sheets. This allows us to analyze the saving behavior of non-financial firms even in the absence of their statement of cash flows, which...
Persistent link: https://www.econbiz.de/10012060202