Showing 301 - 310 of 33,695
We elicit subjective probability distributions from business executives about their own firm outcomes at a one-year look-ahead horizon. In terms of question design, our key innovation is to let survey respondents freely select support points and probabilities in five-point distributions over...
Persistent link: https://www.econbiz.de/10012848967
This paper asks whether and why advanced countries differ in their ability to export to China and India. We exploit a newly collected, comparable cross-country survey of 15,000 European manufacturing firms (EFIGE). The dataset contains information on firms’ international activities and...
Persistent link: https://www.econbiz.de/10014171683
Economists have long puzzled why there are such astounding differences in productivity between firms and countries. For example, looking as disaggregated data on U.S. manufacturing industries, Syverson (2004a) found that plants at the 90th percentile produced four times as much as the plant in...
Persistent link: https://www.econbiz.de/10014199247
The last three decades have witnessed an explosion of theoretical work on the organization of firms (Robert Gibbons and John Roberts, 2009). In parallel, there has been a massive increase in access to micro data which has revealed huge dispersions in productivity. For example, within narrow...
Persistent link: https://www.econbiz.de/10014199249
The goal of the COST Action IS0605 “Econ@Tel” is to develop a strategic research in the crossdisciplinary field of Telecommunication Economics. This includes a multitude of different dimensions, which include: (a) a training network among key people/organizations in order to enhance...
Persistent link: https://www.econbiz.de/10014203445
How can firms profitably give away free products? This paper provides a novel answer and articulates tradeoffs in a space of information product design. We introduce a formal model of two-sided network externalities based in textbook economics - a mix of Katz & Shapiro network effects, price...
Persistent link: https://www.econbiz.de/10014216217
India has witnessed significant change and dramatic shift in its economic and business environment over the last six decades. Its’ economy has become more open, liberalized and globalized from restrictive era of 1960’s and 1970’s. The relationship between state and business has also...
Persistent link: https://www.econbiz.de/10014162011
A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers' subjective uncertainty. We address this challenge by using a detailed new survey measure of subjective uncertainty collected by the U.S. Census Bureau for approximately 25,000...
Persistent link: https://www.econbiz.de/10014240723
that exhibit unrelated diversification under common ownership. We then separate business groups into three types based on … their ownership: family-owned, widely-held, and state-owned. We argue that each type has different agency costs and … diversification logics. As a result of these differences, their performance varies, with family-owned business groups outperforming …
Persistent link: https://www.econbiz.de/10014048031
This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10014047054