Showing 1 - 10 of 39,023
Persistent link: https://www.econbiz.de/10012037876
We separately observe variable input expenditure and expenditure on fixed inputs in novel firm-level data covering the Belgian manufacturing sector over the last decades. This permits a deeper investigation of two potential drivers of the globally observed widening gap between firms' revenue and...
Persistent link: https://www.econbiz.de/10015076778
Using a new administrative dataset, we provide fresh micro-level evidence on firms’ returns to scale (RTS). We employ a new administrative database, iBACH, which contains extensive high-quality annual balance sheet, financial, and demographic information on more than two million non-financial...
Persistent link: https://www.econbiz.de/10014583331
Persistent link: https://www.econbiz.de/10012220854
firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect". Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009672241
Persistent link: https://www.econbiz.de/10012816473
Output and input market distortions manifest as wedges in the firm's first order conditions. The production approach to markup estimation recovers the markup wedge using the output elasticity for a variable and undistorted input. We show that using the revenue elasticity for any variable input,...
Persistent link: https://www.econbiz.de/10013210935
This paper constructs a two-country model to investigate how tariff policy influences productivity growth through … productivity of investment in innovation. We show that the relationship between tariff policy and economic growth depends on the … industrial share of the country where the policy is implemented. In addition, examining the welfare effects of tariffs, we find …
Persistent link: https://www.econbiz.de/10015066879
Persistent link: https://www.econbiz.de/10011750337