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Going forward, U.S. vehicle production will likely include more electric vehicles (EVs) and fewer vehicles with internal combustion-engines (ICEs). This may decrease the aggregate number of workers needed in the automotive supply chain, with decreases in engine and transmission manufacturing...
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Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
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productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010509836
In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...
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We study the determinants of make-or-buy decisions for engines made by every recorded U.S. auto firm during 1917-1933. Most make-or-buy studies testing predictions of transaction cost economics exclude smaller firms, even though their make-or-buy behavior might be different from large firms' due...
Persistent link: https://www.econbiz.de/10014047940
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Spinouts – entrepreneurial ventures founded by ex-employees of incumbent firms within the same industry – have emerged in numerous industries. Some existing literature argues that they typically have a negative association with their parents’ performance due to the loss of human capital,...
Persistent link: https://www.econbiz.de/10014214058
During the summer of 2005, the three domestic U.S. automobile manufacturers offered a customer promotion that allowed customers to buy new cars at the discounted price formerly offered only to employees. The initial months of the promotion were record sales months for each of the three firms,...
Persistent link: https://www.econbiz.de/10014026116