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We separately observe variable input expenditure and expenditure on fixed inputs in novel firm-level data covering the Belgian manufacturing sector over the last decades. This permits a deeper investigation of two potential drivers of the globally observed widening gap between firms' revenue and...
Persistent link: https://www.econbiz.de/10015076778
This paper presents a novel stylized fact and analyzes its contribution to the skill bias of technical change in U.S. manufacturing. The share of skilled labor embedded in intermediate inputs correlates strongly with the skill share employed in final production. This finding points towards an...
Persistent link: https://www.econbiz.de/10014222754
This paper deals with forward and backward linkages stemming from foreign multinational enterprises (MNEs) in services sectors and their impact on the productivity of local manufacturing firms. We distinguish between pecuniary and technological spillovers. Using a database on foreign MNEs in...
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conditions are associated with endogenous price elasticities that satisfy Marshall's Second Law of Demand (the price elasticity …
Persistent link: https://www.econbiz.de/10012986299
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their best performing products; and also extend the range...
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