is stricter firms employ a smaller proportion of informal workers. Furthermore, by reducing the firm's access to … unregulated labour stricter enforcement is also associated with smaller firms, less fluid labour markets, and (possibly) lower … distance between firm location and the location of an enforcement office, a measure of access of labour inspectors to firms …

manufacturing firms between 1995 and 1998, I find that: 1) The learning effect of R&D is more important than the innovative effect …&D intensive 3) Spillovers from foreign joint ventures are insignificant for Czech manufacturing firms 4) The extent of technology … technology spillovers from FDI (foreign direct investment) on a firm’s productivity growth. Using firm-level panel data on Czech …

Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate … opposite is true when minority shareholders hold a substantial fraction of the firm’s equity. In the analysis, we distinguish …

Firms’ decisions about which goods to produce are often made at a more disaggregate level than the data observed by … firms endogenously self-selecting into heterogeneous products. We characterize the bias introduced by unobserved variation … in product mix across firms, and the implications of this bias for identifying firm and industry responses to exogenous …

transition process in Slovenian manufacturing has been one of just destruction or in contrast one of creative destruction. To … this end we start by documenting gross job flows for the Slovenian manufacturing sector between 1994 and 2000. In contrast … to slowly reforming transition economies where the transition process in manufacturing is characterized by little job …

This Paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we … present on the importance of product switching by US manufacturers. Two-thirds of continuing firms change their product mix … theoretical model incorporates heterogeneous firms, heterogeneous products, and ongoing entry and exit. In equilibrium, firm …

This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms …. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the … increase in real U.S. manufacturing shipments between 1972 and 1997 is due to the net adding and dropping of products by …

A stylized prediction of the development economics discourse is that informality will disappear with development. And … yet in the last twenty years conventional measures of informality, far from declining, have either remained stagnant or … have actually increased. What exactly is informality and what are its magnitudes and trends? What are the causes of …

Two stylized representations are often found in the academic and policy literature on informality and formality in …