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We analyze the influence of monetary policy on firms’ extensive margin and productivity. Our empirical evidence for the …
Persistent link: https://www.econbiz.de/10012322407
International trade has been stated as one of the most important mean of improving firms' productivity, being the … contribute to local firm's productivity performance by incorporating better inputs in their production processes. This paper … of manufacturing formal firms in Ecuador, and, the causal relationship between the import decision and firm productivity …
Persistent link: https://www.econbiz.de/10012238011
Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050
substantial productivity growth, but some evidence of trade discipline on the price-cost margins. A markup premium is however …
Persistent link: https://www.econbiz.de/10012167273
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions … of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity …. Further, both labor cost and productivity, when considered alone, are growing with the size of the firm. We investigate this …
Persistent link: https://www.econbiz.de/10011730395
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10011731026
productivity. The relationship is further shaped by the sector environment as well as intrinsic characteristics of the goods and …
Persistent link: https://www.econbiz.de/10011752305
productivity is derived. A semi-parametric approach is applied on a 3-digit level of industrial data over major states during 1998 …-2014 to regress Solow residual (the proxy for productivity) on trade share along with its interaction terms capturing market … productivity. It is argued that the joint effects of market size and competition arising out of trade cannot dominate the adverse …
Persistent link: https://www.econbiz.de/10011979223
Plant-level innovation is introduced into an heterogeneous plant setting so that productivity dynamics are endogenous …. When policy distortions are positively correlated with plant productivity, I argue that accounting for plant innovation is … right skew in the distribution over productivity which magnifies TFP losses. Quantitatively, the innovation channel is …
Persistent link: https://www.econbiz.de/10014182470