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If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10009709518
by the adjustment of the extensive margin which is more than four times the net contribution of firm entry and exit. The … incidence of large investment outlays. While the level of productivity does not seem to increase the probability of adding a … product, a net increase in the number of products is strongly associated with subsequent growth in sales, productivity and …
Persistent link: https://www.econbiz.de/10010343904
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10013086776
The effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from FDI (Foreign Direct Investments), and plays an important role in economic development of host countries. FDI is expected to generate technology spillovers to indigenous...
Persistent link: https://www.econbiz.de/10013067024
costs, and productivity growth). It finds that both forces exert important influences on Canadian prices. The responses …
Persistent link: https://www.econbiz.de/10013155398
1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more …
Persistent link: https://www.econbiz.de/10012777270
We study the adoption, diffusion, and impacts of the Universal Product Code (UPC) between 1975 and 1992, during the initial years of the barcode system. We find evidence of network effects in the diffusion process. Matched-sample difference-in-difference estimates show that firm size and...
Persistent link: https://www.econbiz.de/10012854087
decomposition is shown in a model featuring heterogeneous multiproduct firms, oligopolistic competition and free firm entry. When … firm-level productivity decreases while the dispersion rises up, firm product scope decreases and sums up to a lower number …
Persistent link: https://www.econbiz.de/10012828434
of entry and exit of U.S. manufacturing plants, in terms of employment and productivity, between 1972 and 1997. We show … how entry and exit patterns vary during the business cycle, and that the cyclical pattern of entry is very different from … the cyclical pattern of exit. Second, we build a general equilibrium model of plant entry, exit, and employment and …
Persistent link: https://www.econbiz.de/10012720467
The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European … countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across … countries. In particular, we assess the degree of persistence of firm relative productivity and consider its effect on aggregate …
Persistent link: https://www.econbiz.de/10013316512