This paper addresses the questions of the effects of diversification strategies on firms' profitability. Empirical … other factors which affect the efficiency of firms, or the result of selection bias. Diversified firms, in fact, may be the … less efficient firms, just able to survive due to the synergies they achieve diversifying. …

-competitive trade model to examine how the liberalization of product and factor markets affects the ownership structure of firms. In our … model, managers decide whether or not to integrate their firms, trading off the pecuniary benefits of coordinating … when firms do not relocate across countries, the price changes triggered by liberalization of product markets can lead to …

industrial innovation process at Latin America state that nowadays Latin American firms display a passive role at world …’s innovative activities, characterised by the lack of firms’ innovative skills. However, these indicators do not seem to be the … most appropriate for measuring innovation, especially in emerging economies’ firms. The focus of this paper is to …

explaining these fluctuations, standard macroeconomic models generally assume that firms are small and that their microeconomic …

final good requires both management and manufacturing services as inputs, and firms are heterogeneous with regard to their … minimum level of management productivity required for firms to benefit from relocation of manufacturing to the South. In the … case of offshoring, productivity and profit gains are relatively larger for firms with low initial manufacturing …

. We present insights from two classes of experiments: within and across firms, and draw common lessons from both sets …. Field experiments within firms generally aim to shed light on the nature of agency problems. Along these lines, we discuss …-monetary incentives. Field experiments across firms generally aim to uncover firms' binding constraints by exogenously varying the …

We use firm-level administrative data from Ecuador to study the implications of 'reverse withholding' for firms' tax … behavior. Withholding does not affect tax liability of firms, but it may result in a discontinuity in the audit probability … firms' profit taxes concentrate near the withholding rate. To explore the link between bunching and evasion, we use data …

productive to more productive producers (reallocation effect), entry of more productive firms (entry effects), and exit of less … productive firms (exit effect). URL:[http://fgks.in/IndexServer/tifac/article/142.pdf]. …