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A unified theory of firm selection and growth

Arkolakis, Costas - 2009

This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …

Persistent link: https://www.econbiz.de/10003850872

Lobbying : buying and utilizing access

Mayer, Wolfgang; Mujumdar, Sudesh - 2012

This paper introduces an alternative to the lobbying literature's standard assumption that "money buys policies". Our model - in which influence-seeking requires both money to "buy access" and managerial time to "utilize access" - offers three significant benefits. First, it counters criticism...

Persistent link: https://www.econbiz.de/10009504691

Lobbying : buying and utilizing access

Mayer, Wolfgang; Mujumdar, Sudesh - 2014

This paper develops a lobbying-by-firms model that draws on a more realistic characterization of the lobbying process; influence-seeking requires both money to ‘buy access’ and managerial time to ‘utilize access’. This, more realistically grounded, modeling approach furnishes theoretical...

Persistent link: https://www.econbiz.de/10010230932

A Unified Theory of Firm Selection and Growth

Arkolakis, Costas - 2021

Persistent link: https://www.econbiz.de/10013316364

Job Growth in Early Transition : Comparing Two Paths

Jurajda, Stepan; Terrell, Katherine - 2003

Small start-up firms are the engine of job creation in early transition. We ask about differences in their growth across two different transition economies: Estonia, which experienced rapid destruction of pre-existing firms, and the Czech Republic, which reduced the old sector gradually. We find...

Persistent link: https://www.econbiz.de/10014080201

On the mean/variance relationship of the firm size distribution: evidence and some theory

Gaffeo, Edoardo; Guilmi, Corrado di; Gallegati, Mauro; … - Dipartimento di Economia e Management, Università … - 2008

In this paper we make use of firm-level data for a sample of European countries to prove the existence of a positive linear relationship between the mean and the variance of firms’ size, an empirical regularity known in mathematical biology as the Taylor power law. A computerized experiment is...

Persistent link: https://www.econbiz.de/10005121049

Firm survival and change in Ghana, 2003-2013

Davies, Elwyn; Kerr, Andrew - In: Journal of African economies 27 (2018) 2, pp. 149-171

Persistent link: https://www.econbiz.de/10011886234

Selection and Market Reallocation: Productivity Gains from Multinational Production

Alfaro, Laura; Chen, Maggie - Harvard Business School, Harvard University - 2012

emphasized explanation is between-firm selection and market reallocation, whereby competition from multinationals leads to factor …-.rm selection and market reallocation raise the left truncation of the distributions and shift revenue leftward. Using a rich cross …-country firm-level panel dataset, we find significant evidence of both mechanisms, but between-firm selection and market …

Persistent link: https://www.econbiz.de/10011241626

The Impact of Integration on Productivity and Welfare Distortions Under Monopolistic Competition

Dhingra, Swati; Morrow, John - 2012

A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This paper generalizes the Spence-Dixit-Stiglitz framework to heterogeneous firms, addressing when the market provides optimal quantities, variety and productivity. Under constant...

Persistent link: https://www.econbiz.de/10011345492

Innovation, reallocation and growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - 2013

key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We … entrants is subsidized. This is because of a strong selection effect: R&D resources (skilled labor) are inefficiently used by …

Persistent link: https://www.econbiz.de/10012148193