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We analyze the relative importance of firm-, industry-, and country-level factors as determinants of the level of ownership concentration of firms. Building particularly on the work of Demsetz & Lehn (1985), Thomsen & Pedersen (1999; 1997, 1998), and La Porta et al.(1998, 1999), we develop...
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I document that cross-country productivity differences in retail trade, which employs around 20% of workers, are accounted for, in large part, by compositional differences. In richer countries most retailing is done in modern stores, with high measured output per worker, whereas in developing...
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This study presents a comparative analysis of regulatory thresholds applicable to firms in France and in Germany. A central question tackled by the report is whether regulations related to limits on firms’ employment appear to prevent French firms from growing above these thresholds. The first...
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This paper examines the productivity of firms and their ability to enter the export market, i.e., the self-selection hypothesis and the determinants of labour productivity at the firm level for India's major exporting manufacturing industries during 1991-2009. The paper also examines whether...
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