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In this paper, we analyse post-entry and pre-exit performance of French manufacturing firms using a dataset covering 14 … results. First, on average, young firms fail to survive when they are faced with a small productivity disadvantage with … respect to incumbents. By contrast, mature firms exit the market only when they are confronted by a large, persistent, and …
Persistent link: https://www.econbiz.de/10010756928
In der Europäischen Union wie in der Eurozone hat die volkswirtschaftliche Bedeutung der Industrie in den vergangenen zehn Jahren deutlich abgenommen. In den einzelnen Mitgliedsstaaten verlief die Entwicklung allerdings unterschiedlich, wie sich insbesondere an einem Vergleich von Deutschland...
Persistent link: https://www.econbiz.de/10010079495
Product scope adjustment is a key mechanism through which multi-product firms achieve efficient resource allocations. In this paper, we take a novel perspective to study firms' product scope adjustment behavior through the lens of asset pricing. Using a unique panel scanner data set containing...
Persistent link: https://www.econbiz.de/10012950405
following business cycle facts: procyclical entry, procyclical aggregate total factor productivity, more procyclicality in …Using plant-level data, I show that the dispersion of total factor productivity in U.S. durable manufacturing is … greater in recessions than in booms. This cyclical property of productivity dispersion is much less pronounced in non …
Persistent link: https://www.econbiz.de/10014181697
For 70 Japanese manufacturing industries, I test the simple Cournot hypothesis of proportionality between industry price-cost margin and Herfindahl index against the non-nested alternative that the industry price-cost margin remains constant in the face of varying Herfindahl index, as it would...
Persistent link: https://www.econbiz.de/10014198845
The LCA aerostructures industry is truly global, with manufacturers from all parts of the world supplying the two major remaining LCA producers, The Boeing Co. of the United States and the former Airbus Industrie, G.I.E. of France. Airbus is in the final stages of its transformation to a single...
Persistent link: https://www.econbiz.de/10014204853
This paper examines the frequency, pervasiveness and determinants of product switching by U.S. manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10014205909
Many manufacturing industries, including the computer industry, have seen large increases in productivity growth rates … vintage capital model is introduced where learning increases productivity on any given technology and firms choose when to …
Persistent link: https://www.econbiz.de/10014215797
Many online businesses, including most of the largest platforms, seek and provide attention. These online attention rivals provide products and features to obtain the attention of consumers and sell some of that attention, through other products and services, to merchants, developers and others...
Persistent link: https://www.econbiz.de/10014162245
The BSIs for the 1st quarter of 2014 indicate that the economic sentiment of manufacturing firms has worsened compared to the last quarter. The manufacturer’ assessment of business conditions has been below the baseline (100) since last year. Except for the ordinary profit (102), the BSIs on...
Persistent link: https://www.econbiz.de/10014238040