By using Bayesian Markov chain Monte Carlo methods we select the proper subset of competitive firms and find striking evidence for Laplace shaped firm profit rate distributions. Our approach enables us to extract more information from data than previous research. We filter US firm-level data...

The authors propose a new method for estimating the power-law exponents of firm size variables. Their focus is on how to empirically identify a range in which a firm size variable follows a power-law distribution. On the one hand, as is well known a firm size variable follows a power-law...

Groups, companies, and organizations identify themselves via symbols. Symbols have the potential to create group identity and at the same time create group boundaries, thus allowing for achieving the benefits of cooperation by ingroup members. We use a laboratory experiment to study the role of...

En este documento se evalúa el desempeño del sector metalmecánico en Colombia,durante el período 1998-2007, utilizando técnicas de frontera estocástica (SFA)que, a través de la estimación de las desviaciones de una función ideal de costos,permiten medir los niveles de eficiencia...

This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...

Nowadays, green innovation has become a concern because of the global pressure to do business without ne- glecting environmental sustainability. Thus, this study aims to examine the impact of green innovation (both process and product) on improving firm performance and test whether CEO tenure...

We characterize the evolution of markups for consumer products in the United States from 2006 to 2019. Using detailed data on prices and quantities for products in more than 100 distinct product categories, we estimate flexible demand systems and recover markups under an assumption that firms...