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Capital and Labor Reallocation Inside Firms
Giroud, Xavier - 2012
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10013096857
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Capital and Labor Reallocation Inside Firms
Giroud, Xavier - 2013
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm-but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10013082943
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Capital and Labor Reallocation within Firms
Giroud, Xavier - 2014
withdraws capital and labor from other plants, especially from plants that are relatively less productive, not part of the firm …-wide productivity increases. We do not find any evidence of capital or labor spillovers among plants of financially unconstrained firms …
Persistent link: https://www.econbiz.de/10013054064
Cover Image
Capital and Labor Reallocation Inside Firms
Giroud, Xavier - 2012
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10012460069