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In this work we study the granular origins of business cycles and their possible underlying drivers. As shown by Gabaix (2011), the skewed nature of firm size distributions implies that idiosyncratic (and independent) firm-level shocks may account for a significant portion of aggregate...
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Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has...
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-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led …
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productivity of Chinese firms. For our main analysis we use data for 1,140 patenting firms listed at mainland China stock exchanges … foreign firms, and employing foreign researchers inside China contribute to firm productivity, whereas international joint … research projects are not sufficient. Our results indicate that at the current stage of China's economic development the …
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This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998 …
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