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Do Public Firms Respond to Industry Opportunities More than Private Firms? The Impact of Initial Firm Quality
Maksimovic, Vojislav - 2019
We track firms at birth and compare the growth pattern of IPO firms and their birth-matched counterparts. Firms that are larger at birth with faster initial growth are more likely to attain a larger size later in life and go public. Firms in the top percentile of predicted propensity to go...
Persistent link: https://www.econbiz.de/10012890903
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The Rise of State-Connected Private Owners in China
Bai, Chong-En; Hsieh, Chang-Tai; Song, Zheng (Michael); … - 2021
We use administrative registration records with information on the owners of all Chinese firms to document their connections through equity investments. We show that the largest private owners have direct equity ties with state owners, the next largest private owners have equity ties with...
Persistent link: https://www.econbiz.de/10014090294
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Productivity Effects of Tve Privatization : The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region
Sonobe, Tetsushi; Otsuka, Keijiro - 2021
While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …
Persistent link: https://www.econbiz.de/10013233007
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Impact of Rural and Urban Hospital Closures on Inpatient Mortality
Gujral, Kritee - 2019
This paper uses a difference-in-difference approach to examine the impact of California's hospital closures occurring from 1995-2011 on adjusted inpatient mortality for time-sensitive conditions: sepsis, stroke, asthma/chronic obstructive pulmonary disease (COPD) and acute myocardial infarction...
Persistent link: https://www.econbiz.de/10012864143
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Business Literacy and Development : Evidence from a Randomized Controlled Trial in Rural Mexico
Calderon, Gabriela - 2013
A large share of the poor in developing countries run small enterprises, often earning low incomes. This paper explores whether the poor performance of businesses can be explained by a lack of basic business skills. We randomized the offer of a free, 48-hour business skills course to female...
Persistent link: https://www.econbiz.de/10013071515
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Does Agriculture Generate Local Economic Spillovers? Short-Run and Long-Run Evidence from the Ogallala Aquifer
Hornbeck, Richard - 2012
Agricultural development may support broader economic development, though agricultural expansion may also crowd-out local non-agricultural activity. On the United States Plains, areas over the Ogallala aquifer experienced windfall agricultural gains when post-WWII technologies increased farmers'...
Persistent link: https://www.econbiz.de/10013100368
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Intellectual Property Rights Protection, Ownership, and Innovation : Evidence from China
Fang, Lily H. - 2016
Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation … in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …
Persistent link: https://www.econbiz.de/10012982038
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Diversity in Innovation
Gompers, Paul A. - 2017
In this paper we document the patterns of labor market participation by women and ethnic minorities in venture capital firms and as founders of venture capital-backed startups. We show that from 1990-2016 women have been less than 10% of the entrepreneurial and venture capital labor pool,...
Persistent link: https://www.econbiz.de/10012964888
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Public or Private Production of Food Safety : What Do U.S. Consumers Want?
Smith, V. Kerry - 2010
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public...
Persistent link: https://www.econbiz.de/10012758450
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Voluntary Provision of Public Goods for Bads : A Theory of Environmental Offsets
Kotchen, Matthew J. - 2014
This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012751722