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Recent theoretical models have shown that when demand is slack, firms tend to introduce new management practices and/or reorganize their production methods; however, few micro econometric studies deal directly with the relationship between organizational change and economic crises. In this...
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We use disaggregated data on Chilean plants, and the Chilean input-output table to examine the impact of agglomeration spillovers on total factor productivity (TFP). In common with previous studies, we find evidence of intra-industry spillovers, but no evidence of cross-industry spillovers in...
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