Showing 1 - 10 of 471
Growth and structural transformation of the manufacturing sector in developing countries are generally considered to be …. Examining the sources of labour productivity growth in Mexican manufacturing, however, does not provide support for this … productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labour …
Persistent link: https://www.econbiz.de/10005656467
A model is considered in which optimal search intensity is a result of a trade-off between short-run losses due to higher search costs (more interviews, commuting...) and long-run gains due to a higher chance to find a job. We show that this optimal search intensity is higher in areas...
Persistent link: https://www.econbiz.de/10005067634
Using a comprehensive data set of Portuguese manufacturing firms, we show that the firm size distribution is significantly right-skewed, evolving over time toward a log-normal distribution. We also show that selection accounts for very little of this evolution. Instead, we propose a simple...
Persistent link: https://www.econbiz.de/10005504696
We study managerial incentive provision under moral hazard in a firm subject to stochastic growth opportunities. In our … firm. The optimal contract may involve managerial entrenchment, such that growth opportunities are foregone after good … performance. Firms with better growth prospects have higher managerial turnover and more front-loaded compensation. Firms may pay …
Persistent link: https://www.econbiz.de/10011083381
We disentangle the contribution of unobserved heterogeneity in idiosyncratic demand and productivity to firm growth. We … important as productivity shocks for firm growth. Second, firms respond to shocks less than a frictionless model would predict …
Persistent link: https://www.econbiz.de/10011083518
leads to downward biased observations of the level of activity upon entry and upward biased growth rates between the year of … average growth rate between the first and second year of exporting is overstated by 112 percentage points. This paper re …-examines a number of stylized facts about firm size and growth that have motivated rapidly expanding theoretical and empirical …
Persistent link: https://www.econbiz.de/10011084375
We use a comprehensive dataset of French manufacturing firms to study their internal organization. We first divide the employees of each firm into `layers' using occupational categories. Layers are hierarchical in that the typical worker in a higher layer earns more, and the typical firm...
Persistent link: https://www.econbiz.de/10011084412
. Second, we consider implications of this prediction for firm growth rates and survival. Consistent with the learning model …, we find that: (i) the absolute value of the mean growth rate for firms' beliefs decreases with age, as does the variance …
Persistent link: https://www.econbiz.de/10011213311
unrelated to firm size or growth. …
Persistent link: https://www.econbiz.de/10005788918
This Paper links the performance of new technology firms, measured in terms of growth, to geographic location. We … introduce a model of firm growth that is specific to characteristics of the location as well as the firm and industry. The model … is estimated using a new dataset identifying the growth performance of small technology-based firms. In fact, firm …
Persistent link: https://www.econbiz.de/10005124462