Dynamic r&d choice and the impact of the firm's financial strength
In: Discussion paper 15-083
In: Industrial economics and international management
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In: Discussion paper 15-083
In: Industrial economics and international management
In: Studies in income and wealth v. 68
In: National Bureau of Economic Research Studies in Income and Wealth v.68
The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 51, Heft 10, S. 104601
ISSN: 1873-7625
In: ZEW - Centre for European Economic Research Discussion Paper No. 18-047
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Working paper
In: NBER Working Paper No. w25228
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Working paper
In: NBER Working Paper No. w22035
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In: NBER Working Paper No. w14670
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In: NBER Working Paper No. w11774
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In: The economic journal: the journal of the Royal Economic Society, Band 113, Heft 491, S. F485-F510
ISSN: 1468-0297
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In: NBER Working Paper No. w8766
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In: Journal of development economics, Band 66, Heft 1, S. 51-86
ISSN: 0304-3878
In: Journal of international economics, Band 54, Heft 1, S. 149-169
ISSN: 0022-1996
In: American economic review, Band 101, Heft 4, S. 1312-1344
ISSN: 1944-7981
This paper estimates a dynamic structural model of a producer's decision to invest in R&D and export, allowing both choices to endogenously affect the future path of productivity. Using plant-level data for the Taiwanese electronics industry, both activities are found to have a positive effect on the plant's future productivity. This in turn drives more plants to self-select into both activities, contributing to further productivity gains. Simulations of an expansion of the export market are shown to increase both exporting and R&D investment and generate a gradual within-plant productivity improvement. (JEL D24, F14, G31, L63, O31, O33)