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Production smoothing and the shape of the cost function

Galeotti, Marzio; Guiso, Luigi; Sack, Brian; … - 1997

We present estimates of inventory models based on firm level panel data and investigate whether over-simplified specification of the production technology may account for the frequent failure to find technological incentives to smooth production in the context of the standard linear-quadratic...

Persistent link: https://www.econbiz.de/10011608286

The impact of financing constraints on markups: Theory and evidence from Italian firm level data

Bottasso, Anna; Galeotti, Marzio; Sembenelli, Alessandro - 1997

In this paper we look at both the theoretical and empirical behaviour of price-cost margins when capital market imperfections affect firms' markup policies. We present a model of a firm operating in an industry with differentiated products and facing imperfect markets for financing operations....

Persistent link: https://www.econbiz.de/10011608346

Inventories, employment and hours

Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002

and the role of labor hoarding as an explanation of procyclical productivity and the persistence of inventory stocks …

Persistent link: https://www.econbiz.de/10011335689

Environmental Regulation and Competitiveness: Empirical Evidence on the Porter Hypothesis from European Manufacturing Sectors

Rubashkina, Yana; Galeotti, Marzio; Verdolini, Elena - 2014

environmental regulation on innovation and on productivity generally in separate analyses and mostly focusing on the USA. The few … performance indicators such as exports. We instead look at overall innovation and productivity impact that are the most relevant … with most of the literature. On the other front, we find no evidence in favor or against the "strong" PH, as productivity …

Persistent link: https://www.econbiz.de/10010491226