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We investigate whether exposure to export markets improves plant productivity. Our estimation framework adds export … model. We find robust evidence of a positive effect of export experience on productivity, controlling for the bias caused by …
Persistent link: https://www.econbiz.de/10015227060
The Hicks or direct elasticity of substitution is traditionally derived from the production function. This paper exploits duality theory to present a more general derivation from the input distance function, which is exactly dual to the Shadow Elasticity of Substitution. The new elasticity is...
Persistent link: https://www.econbiz.de/10015214984
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Moderation" - fail to accommodate, or even directly contradict, another aspect of empirical data: the average sales volatility for publicly-traded US firms has been increasing during the same period....
Persistent link: https://www.econbiz.de/10015215845
Policies to stimulate export growth and diversify the composition of exports in South Africa are now high on the government’s agenda. In order to understand exporting and its impact on job creation, one needs to understand how firms function, what determines, or constrains, exporting at the...
Persistent link: https://www.econbiz.de/10015217929
Predicting the future is an imprecise science, and something that should always be carried out carefully and the results should be taken with a pinch of salt. That said it is sensible to assume that most of the drivers of commoditization are likely to remain in force for the foreseeable future....
Persistent link: https://www.econbiz.de/10015218194
Predicting the future is an imprecise science, and something that should always be carried out carefully and the results should be taken with a pinch of salt. That said it is sensible to assume that most of the drivers of commoditization are likely to remain in force for the foreseeable future....
Persistent link: https://www.econbiz.de/10015218291
We study organizational hierarchies in a transition country. Using employer-employee matched data for a set of Slovenian manufacturing firms, we find strong support for the key hypotheses of the knowledge-based hierarchies proposed by Garicano (2000) and Caliendo and Rossi-Hansberg (2012)....
Persistent link: https://www.econbiz.de/10015219436
Predicting the future is an imprecise science, and something that should always be carried out carefully and the results should be taken with a pinch of salt. That said it is sensible to assume that most of the drivers of commoditization are likely to remain in force for the foreseeable future....
Persistent link: https://www.econbiz.de/10015221205
This paper examines why organizations have adopted a wide range of responses when addressing the opportunities and threats posed by commoditization. Some may choose to focus on their cost base, whilst others may focus on innovation. Whatever strategy is adopted, it will be driven by a range of...
Persistent link: https://www.econbiz.de/10015221206
Under financial constraints, exporting may have less to do with productivity and more to do with financial resources …. The established relationship between exporting and productivity would differ when examined through the lens of the working … constraints are particularly acute. The model shows that productivity determines export status of the firm as long as it is not …
Persistent link: https://www.econbiz.de/10015224535