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firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect'. Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- Multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009682079
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10009356133
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10009519874
Persistent link: https://www.econbiz.de/10009683988
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10013118054
Persistent link: https://www.econbiz.de/10012022946
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro … confirmed in an empirical study of the German clothing industry. -- international trade ; firm heterogeneity ; productivity …
Persistent link: https://www.econbiz.de/10003898866
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro … confirmed in an empirical study of the German clothing industry. -- International trade ; firm heterogeneity ; productivity …
Persistent link: https://www.econbiz.de/10003900012
. -- Robust estimation ; panel data ; outliers ; Stata ; exporter productivity premium …
Persistent link: https://www.econbiz.de/10003958692
. -- Robust estimation ; panel data ; outliers ; Stata ; exporter productivity premium …
Persistent link: https://www.econbiz.de/10003962105