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We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...
Persistent link: https://www.econbiz.de/10011864551
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two possible transmission channels from financial...
Persistent link: https://www.econbiz.de/10010496990
productivity but the combination of IT and decentralization does not yield a productivity premium. Contrarily, for the sample of … larger firms, the results show that the productivity of IT depends positively on decentralization. The findings suggest that …
Persistent link: https://www.econbiz.de/10010416339
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at … the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the … technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence …
Persistent link: https://www.econbiz.de/10010293056
The emergence of new ventures that from inception use resources and sell their goods and services in multiple foreign markets has challenged traditional theories explaining the internationalization of a firm as a stage process (Oviatt & McDougall, 1994). Different factors have been identified to...
Persistent link: https://www.econbiz.de/10011340910
We examine the home bias of knowledge spillovers (the idea that knowledge spreads more slowly over international boundaries than within them) as measured by the speed of patent citations. We present econometric evidence that the geographical localization of knowledge spillovers has fallen over...
Persistent link: https://www.econbiz.de/10010288362
We examine the “home bias” of knowledge spillovers (the idea that knowledge spreads more slowly over international boundaries than within them) as mea- sured by the speed of patent citations. We present econometric evidence that the geographical localization of knowledge spillovers has...
Persistent link: https://www.econbiz.de/10011756291
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at … the establishment level. We find convergence to the frontier is statistically and quantitatively important, suggesting the … technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence …
Persistent link: https://www.econbiz.de/10005151077
We examine the 'home bias' of international knowledge spillovers as measured by the speed of patent citations (i.e. knowledge spreads slowly over international boundaries). We present the first compelling econometric evidence that the geographical localization of knowledge spillovers has fallen...
Persistent link: https://www.econbiz.de/10005666550
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at … the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the … technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence …
Persistent link: https://www.econbiz.de/10005727535