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Persistent link: https://www.econbiz.de/10009766593
This paper studies the macroeconomic implications of firm-branding activities. We show empirically that firms build market share by creating new brands, developing their existing brands, and buying established brands from other firms. Sales and prices of the underlying branded products tend to...
Persistent link: https://www.econbiz.de/10014235560
This paper documents that resource reallocation across firms is an important mechanism through which creditor rights affect real outcomes. I exploit the staggered adoption of an international convention that provides globally consistent strong creditor protection for aircraft finance. After this...
Persistent link: https://www.econbiz.de/10012668205
This study examines barriers to entry in the South African retail banking informed by Capitec's experiences as an entrant. In some ways Capitec's experience is exceptional. It surged ahead early attempts to bank the excluded from banks such as Ubank (former Teba Bank) and the Mzansi initiative....
Persistent link: https://www.econbiz.de/10012999596
growth is also a central concern to both the practice and theory of business strategy. Despite both its theoretical and … robust theory of firm growth. This paper attempts to address this gap in our empirical knowledge of firm growth using a …
Persistent link: https://www.econbiz.de/10012007050
towards later stages of development. Recently the US government has moved against the trend by imposing tariffs on China … Chinese government retaliated by introducing tariffs on US produced goods. For the time being, the result of this trade war on …
Persistent link: https://www.econbiz.de/10012199154
This paper estimates a dynamic general equilibrium model of entry, exit, and endogenous productivity growth. Productivity is endogenous both at the industry level (firms enter and exit) and at the firm level (firms invest in productivity-enhancing activities). The focus of the paper is on two...
Persistent link: https://www.econbiz.de/10012979269
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose … equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how … average tariffs provided tariffs are biased towards skill-intensive industries. Second, there need not be any relationship …
Persistent link: https://www.econbiz.de/10012761657
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose … equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how … average tariffs provided tariffs are biased towards skill-intensive industries. Second, there need not be any relationship …
Persistent link: https://www.econbiz.de/10012466530
Persistent link: https://www.econbiz.de/10012414459