Author:
Publisher:
ISBN:
Category : Barriers to entry (Industrial organization)
Languages : en
Pages : 100
Book Description
Relation Entry, Exit, and Productivity
Author:
Publisher:
ISBN:
Category : Barriers to entry (Industrial organization)
Languages : en
Pages : 100
Book Description
Publisher:
ISBN:
Category : Barriers to entry (Industrial organization)
Languages : en
Pages : 100
Book Description
Firm Entry and Exit and Aggregate Growth
Author: Jose Asturias
Publisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 39
Book Description
Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry and exit during fast-growth episodes compared to slow-growth episodes. Studies of other countries confirm this empirical relationship. We develop a model of endogenous firm entry and exit based on Hopenhayn (1992). Firms enter with efficiencies drawn from a distribution whose mean grows over time. After entering, a firm’s efficiency grows with age. In the calibrated model, reducing entry costs or barriers to technology adoption generates the pattern we document in the data. Firm turnover is crucial for rapid productivity growth.
Publisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 39
Book Description
Using data from Chile and Korea, we find that a larger fraction of aggregate productivity growth is due to firm entry and exit during fast-growth episodes compared to slow-growth episodes. Studies of other countries confirm this empirical relationship. We develop a model of endogenous firm entry and exit based on Hopenhayn (1992). Firms enter with efficiencies drawn from a distribution whose mean grows over time. After entering, a firm’s efficiency grows with age. In the calibrated model, reducing entry costs or barriers to technology adoption generates the pattern we document in the data. Firm turnover is crucial for rapid productivity growth.
Entry-exit, Learning, and Productivity Change
Author: Lili Liu
Publisher: World Bank Publications
ISBN:
Category : Chile
Languages : en
Pages : 45
Book Description
The effects of plant turnover and learning on productivity growth are econometrically measured using a large panel of Chilean establishments covering the period 1979-86.
Publisher: World Bank Publications
ISBN:
Category : Chile
Languages : en
Pages : 45
Book Description
The effects of plant turnover and learning on productivity growth are econometrically measured using a large panel of Chilean establishments covering the period 1979-86.
Impact of Market Entry and Exit on EU Productivity and Growth Performance
Author: Michele Cincera
Publisher:
ISBN:
Category : European Economic Community countries
Languages : en
Pages : 140
Book Description
Recoge: 1. Introduction - 2. Entry, exit, economic performance and the degree of economic and business regulation: a review of the literature - 3. Data and descriptive statistics - 4. Econometric framework - 5. Empirical findings - 6. Summary and conclusions.
Publisher:
ISBN:
Category : European Economic Community countries
Languages : en
Pages : 140
Book Description
Recoge: 1. Introduction - 2. Entry, exit, economic performance and the degree of economic and business regulation: a review of the literature - 3. Data and descriptive statistics - 4. Econometric framework - 5. Empirical findings - 6. Summary and conclusions.
Market Dynamics and Productivity in Developing Countries
Author: Khalid Sekkat
Publisher: IDRC
ISBN: 1441912088
Category : Business & Economics
Languages : en
Pages : 181
Book Description
To what degree are trade liberalization, productivity, and economic growth correlated? Can economic policies designed to encourage competition and curtail industry protection result in large-scale improvements, such as increased innovation and reduced unemployment? After 20 years of economic reform in the Middle East and North Africa (MENA), economic performance is still lagging behind many regions of the world. Even in those countries that are the most advanced in implementing reforms, including Egypt, Jordan, Morocco and Tunisia, industries with low productivity growth and high market power continue to dominate. Moreover, the termination of the Multi-Fiber Agreement and the negotiations concerning further liberalization of trade in agricultural products (under the framework of the World Trade Organization) put these and other countries under pressure of fierce competition from emerging nations. Recent empirical evidence on the impact of reforms in a number of developing countries shows that such persistence of inefficiency and market power is specific to MENA. Showcasing in-depth analyses from Jordan, Morocco, Tunisia, and Turkey (with comparative data from Asia and Latin America), this book focuses on the dynamics of firm entry and exit to help explain the low productivity of the region. The results suggest a number of policy recommendations designed to foster competition, which, in turn, would contribute to innovation, productivity growth, and improved return on capital investments. The book not only reveals important correlations among policy and market factors in MENA, but suggests fruitful areas of research in other developing regions of the world.
Publisher: IDRC
ISBN: 1441912088
Category : Business & Economics
Languages : en
Pages : 181
Book Description
To what degree are trade liberalization, productivity, and economic growth correlated? Can economic policies designed to encourage competition and curtail industry protection result in large-scale improvements, such as increased innovation and reduced unemployment? After 20 years of economic reform in the Middle East and North Africa (MENA), economic performance is still lagging behind many regions of the world. Even in those countries that are the most advanced in implementing reforms, including Egypt, Jordan, Morocco and Tunisia, industries with low productivity growth and high market power continue to dominate. Moreover, the termination of the Multi-Fiber Agreement and the negotiations concerning further liberalization of trade in agricultural products (under the framework of the World Trade Organization) put these and other countries under pressure of fierce competition from emerging nations. Recent empirical evidence on the impact of reforms in a number of developing countries shows that such persistence of inefficiency and market power is specific to MENA. Showcasing in-depth analyses from Jordan, Morocco, Tunisia, and Turkey (with comparative data from Asia and Latin America), this book focuses on the dynamics of firm entry and exit to help explain the low productivity of the region. The results suggest a number of policy recommendations designed to foster competition, which, in turn, would contribute to innovation, productivity growth, and improved return on capital investments. The book not only reveals important correlations among policy and market factors in MENA, but suggests fruitful areas of research in other developing regions of the world.
Entrepreneurship, Growth, and Public Policy
Author: Zoltan J. Acs
Publisher: Cambridge University Press
ISBN: 0521894921
Category : Business & Economics
Languages : en
Pages : 367
Book Description
This volume provides a lens to analyze public policy decisions involving entrepreneurship.
Publisher: Cambridge University Press
ISBN: 0521894921
Category : Business & Economics
Languages : en
Pages : 367
Book Description
This volume provides a lens to analyze public policy decisions involving entrepreneurship.
Economic Consequences of Globalization
Author: Shujiro Urata
Publisher: Routledge
ISBN: 1136447008
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Economists have long recognized the gains from international trade. The question is, does international trade – or more broadly, globalization – increase growth? Notwithstanding the debates, there are still many questions, old and new, need to be explored in order to improve our understanding on various aspects of globalization, including its consequences. This book addresses some of these questions, utilizing micro datasets of some East Asian countries. The focus on East Asia is particularly interesting for the reason that most of these countries have relatively more opened economy and experienced a rapid de facto integration quite recently. The book puts forward questions which are related to the relationship between globalization on the one hand, and firm performance, activities, or characteristics, on the other. The chapters draw recent theoretical framework from the relevant literatures, and then empirically test – mostly by econometric analysis – the hypotheses on these relationships. The extent or magnitude of the globalization impact is also demonstrated by the means of descriptive analysis. Finally, there are useful insights for policy decision-makers to be drawn from the empirical results. The book presents rigorous empirical analysis based on recent theoretical framework in international economics, focusing on the highest growing region in the world. The use of micro-data analysis – a key feature of this book – gives us much richer information on various issues of globalization. This book, therefore, should be of the interest to scholars and postgraduate students of international economics, development economics, and East Asian economics.
Publisher: Routledge
ISBN: 1136447008
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Economists have long recognized the gains from international trade. The question is, does international trade – or more broadly, globalization – increase growth? Notwithstanding the debates, there are still many questions, old and new, need to be explored in order to improve our understanding on various aspects of globalization, including its consequences. This book addresses some of these questions, utilizing micro datasets of some East Asian countries. The focus on East Asia is particularly interesting for the reason that most of these countries have relatively more opened economy and experienced a rapid de facto integration quite recently. The book puts forward questions which are related to the relationship between globalization on the one hand, and firm performance, activities, or characteristics, on the other. The chapters draw recent theoretical framework from the relevant literatures, and then empirically test – mostly by econometric analysis – the hypotheses on these relationships. The extent or magnitude of the globalization impact is also demonstrated by the means of descriptive analysis. Finally, there are useful insights for policy decision-makers to be drawn from the empirical results. The book presents rigorous empirical analysis based on recent theoretical framework in international economics, focusing on the highest growing region in the world. The use of micro-data analysis – a key feature of this book – gives us much richer information on various issues of globalization. This book, therefore, should be of the interest to scholars and postgraduate students of international economics, development economics, and East Asian economics.
An Evaluation study on Production, Productivity and Industrial Relations in Lanco Industry at Srikalahasti of Chittoor District
Author: Dr. S. Khootizal kubara
Publisher: Ashok Yakkaldevi
ISBN: 1716262992
Category : Art
Languages : en
Pages : 199
Book Description
1.1 Production: Cost of production is the deciding factor for supply which depends upon prices of raw materials and its physical relation between input and output. It is the physical relation between input and output which determines the cost of production. Production represents functional relationship between quantities of inputs and amount of output produced. Production is an economic activity. Production is used for an activity of making some material. In economics, production is used in a wider sense. 1.2 Importance of Production: Price theory plays an important role in the theory of production. This provides a base for analysis of relationship between costs and amounts of output. Cost along with demand and supply of a product determine the price of a product. Cost of production is determined by the prices of inputs of production and thereby the price of product. Secondly, the basis of theory of firm demand for factors of production is theory of production. The theory of production plays a pivotal role in theory of firm. The theory of firm deals with the level of output whichwill produce in turn the maximum profits. The firm’s marginal and average costs of production decide the profits maximizing output besides the demand conditions. In addition to the prices of inputs, the changes in marginal and average costs of production as a result of increase in output are determined by the physical relationship between inputs and output.
Publisher: Ashok Yakkaldevi
ISBN: 1716262992
Category : Art
Languages : en
Pages : 199
Book Description
1.1 Production: Cost of production is the deciding factor for supply which depends upon prices of raw materials and its physical relation between input and output. It is the physical relation between input and output which determines the cost of production. Production represents functional relationship between quantities of inputs and amount of output produced. Production is an economic activity. Production is used for an activity of making some material. In economics, production is used in a wider sense. 1.2 Importance of Production: Price theory plays an important role in the theory of production. This provides a base for analysis of relationship between costs and amounts of output. Cost along with demand and supply of a product determine the price of a product. Cost of production is determined by the prices of inputs of production and thereby the price of product. Secondly, the basis of theory of firm demand for factors of production is theory of production. The theory of production plays a pivotal role in theory of firm. The theory of firm deals with the level of output whichwill produce in turn the maximum profits. The firm’s marginal and average costs of production decide the profits maximizing output besides the demand conditions. In addition to the prices of inputs, the changes in marginal and average costs of production as a result of increase in output are determined by the physical relationship between inputs and output.
Industrial Productivity in Europe
Author: Matilde Mas
Publisher: Edward Elgar Publishing
ISBN: 0857932101
Category : Business & Economics
Languages : en
Pages : 497
Book Description
This book analyses growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 19952007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU. This topical book will prove to be an unrivalled source of comparative data for academics, practitioners and policymakers alike.
Publisher: Edward Elgar Publishing
ISBN: 0857932101
Category : Business & Economics
Languages : en
Pages : 497
Book Description
This book analyses growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 19952007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU. This topical book will prove to be an unrivalled source of comparative data for academics, practitioners and policymakers alike.
Southern Europe in the Mediterranean Context
Author: Eric Vaz
Publisher: BoD – Books on Demand
ISBN: 3950484647
Category : Business & Economics
Languages : en
Pages : 118
Book Description
Since the process of Southern Europe's integration in the European Union, the Mediterranean region has seen a more considerable gap between central and northern European countries and its Southern European counterpart. Thus, in a European context of social cohesion, it becomes necessary to better understand Southern Europe, without escaping to the common perception of the complexity of Mediterranean culture. As a significant player throughout history, Southern Europe consistently established a platform of diversity and freedom, bringing peace between different historic-cultural traditions. Moreover, the southern frontier of Europe to Africa and Asia has become a crucial determinant in the current times of change.
Publisher: BoD – Books on Demand
ISBN: 3950484647
Category : Business & Economics
Languages : en
Pages : 118
Book Description
Since the process of Southern Europe's integration in the European Union, the Mediterranean region has seen a more considerable gap between central and northern European countries and its Southern European counterpart. Thus, in a European context of social cohesion, it becomes necessary to better understand Southern Europe, without escaping to the common perception of the complexity of Mediterranean culture. As a significant player throughout history, Southern Europe consistently established a platform of diversity and freedom, bringing peace between different historic-cultural traditions. Moreover, the southern frontier of Europe to Africa and Asia has become a crucial determinant in the current times of change.