1. Indonesian Economy in Time of Covid: Surviving the Turmoil through Manufacturing Sector -- 2. Post-COVID Recovery: Harnessing Digital Platforms -- 3. A Better Match: Do technology gaps with foreign subsidiaries affect domestic firms’ productivity? Case Study of Indonesian Manufacturing --...

The main thrust of this Element is a critical assessment of the theory and evidence concerning the sources of scale effects. It is argued that the analysis of static scale effects is important because scale effects are embedding in our world, and new technologies associated with an evolving...

We propose a loglinear present-value identity in which investment ("scale"), profitability ("yield"), and discount rates determine a firm's market-to-book ratio. Our identity reconciles existing influential market-to-book decompositions and facilitates novel insights from three empirical...