scholarly journals Knowledge Accumulation and Productivity: Evidence from Plant Level Data for Ireland

2005 ◽  
Author(s):  
Mark Cassidy ◽  
Holger Gorg ◽  
Eric Strobl
Keyword(s):  
Knowledge Accumulation ◽  
Level Data ◽  
Plant Level

Bypassing weak institutions in a large late-comer economy

2015 ◽  
Vol 11 (4) ◽  
pp. 847-874 ◽  
Author(s):  
EVGUENIA BESSONOVA ◽  
KSENIA GONCHAR
Keyword(s):  
Institutional Environment ◽  
Political Conflict ◽  
Round Trip ◽  
Weak Institutions ◽  
Institutional Determinants ◽  
Level Data ◽  
Development Levels ◽  
Plant Level ◽  
Source Countries

AbstractThis paper addresses the link between the strong inflow of FDI into Russia in the 2000s and its weak institutions, using plant-level data across subnational regions. The findings imply that investors have responded positively to improved quality of institutions in certain regions, which offered a combination of wealth, skills and good infrastructure. High development levels in host regions helped to bypass some institutional shortcomings. Investors from source countries exhibiting comparable institutional environment appeared to be more immune to political conflict. Round-trip investors reacted to institutional determinants in almost the same manner as genuine investors, except for tolerance to labor market imperfections.

scholarly journals Public disclosure of industrial pollution: the PROPER approach for Indonesia?

2007 ◽  
Vol 12 (6) ◽  
pp. 739-756 ◽  
Author(s):  
JORGE H. GARCÍA ◽  
THOMAS STERNER ◽  
SHAKEB AFSAH
Keyword(s):  
Pollution Control ◽  
Positive Response ◽  
Oxygen Demand ◽  
Asian Financial Crisis ◽  
Control Group ◽  
Public Disclosure ◽  
Emissions Reductions ◽  
Level Data ◽  
Control Evaluation ◽  
Plant Level

ABSTRACTThis paper evaluates the effectiveness of the Program for Pollution Control Evaluation and Rating (PROPER) in Indonesia. PROPER, the first major public disclosure program in the developing world, was launched in June 1995; though it collapsed in 1998 with the Asian financial crisis, it is currently being revived. There have been claims of success for this pioneering scheme, yet little formal and conclusive analysis has been undertaken. We analyze changes in emissions concentrations (mg/L) using panel data techniques with plant-level data for participating firms and a control group. The results show that there was indeed a positive response to PROPER, especially among firms with poor environmental compliance records. The response was immediate, and firms pursued further emissions reductions in the following months. The total estimated reductions in biochemical oxygen demand (BOD) and chemical oxygen demand (COD) were approximately 32 per cent.

Organizational Form and Trade Liberalization: Plant-Level Evidence

2021 ◽  
Author(s):  
John (Jianqiu) Bai
Keyword(s):  
Trade Liberalization ◽  
Core Competency ◽  
Extensive Margin ◽  
Trade Policies ◽  
Trade Shocks ◽  
Internal Organization ◽  
Level Data ◽  
Plant Level ◽  
The Impact ◽  
Aggregate Industry

This paper studies how firms’ internal organization shapes the impact of international trade. Using establishment-level data from the U.S. Census and a difference-in-difference specification, I find that, relative to standalone firms, conglomerates are more likely to restructure after trade liberalization episodes, focusing on their core competency and improving firm productivity and product market performance. Adjustments through the extensive margin account for the majority of the productivity growth differential between conglomerates and standalones experiencing trade shocks. Aggregate industry productivity remains relatively unchanged in industries dominated by conglomerates’ core business but decreases significantly in others. My findings suggest that firms’ internal organization has important consequences on the effects of trade policies. This paper was accepted by Gustavo Manso, finance.

scholarly journals Internal Labor Markets, Wage Convergence, and Investment

2020 ◽  
pp. 1-36
Author(s):  
Rui C. Silva
Keyword(s):  
Labor Markets ◽  
Free Trade Agreement ◽  
State Level ◽  
Capital Intensity ◽  
Trade Agreement ◽  
Internal Labor Markets ◽  
The North ◽  
Level Data ◽  
Wage Convergence ◽  
Plant Level

Abstract I document wage convergence in conglomerates using detailed plant-level data: Workers in low-wage industries collect higher-than-industry wages when the diversified firm also operates in high-wage industries. I confirm this effect by exploiting the implementation of the North American Free Trade Agreement (NAFTA) and changes in minimum wages at the state level as sources of exogenous increases in wages in some plants. I then track the evolution of wages of the remaining workers of the firm, relative to workers of unaffiliated plants. Plants where workers collect higher-than-industry wages operate with higher capital intensity, suggesting that internal labor markets may affect investment decisions in internal capital markets.

scholarly journals Import Liberalization of Intermediates and Environment: Empirical Evidence from Chinese Manufacturing

2019 ◽  
Vol 11 (9) ◽  
pp. 2579 ◽  
Author(s):  
Ling-Yun He ◽  
Liang Wang
Keyword(s):  
Manufacturing Sector ◽  
Firm Level ◽  
Intermediate Inputs ◽  
Interaction Terms ◽  
Level Data ◽  
Plant Level ◽  
Pollution Emissions ◽  
The Impact ◽  
Scale Composition ◽  
Level Lowering

This paper investigates how the import liberalization of intermediates affects firm-level pollution emissions. We divide the impact of freer import of intermediates on pollution emissions into induced scale, composition and technique effects and then develop interaction terms to examine these effects. Relying on a panel of plant-level data from China manufacturing sector for the period 2001 to 2007, we find freer import of intermediate inputs is conducive to pollution reductions at the plant level, lowering pollution via induced technique and composition effects and, in turn, increasing emission through induced scale effect. In summary, import liberalization of intermediate inputs can contribute to the better environmental performance of China manufacturing sector.

scholarly journals Machine Replacement and the Business Cycle: Lumps and Bumps

1999 ◽  
Vol 89 (4) ◽  
pp. 921-946 ◽  
Author(s):  
Russell Cooper ◽  
John Haltiwanger ◽  
Laura Power
Keyword(s):  
Capital Stock ◽  
Cross Sectional ◽  
Lumpy Investment ◽  
Level Data ◽  
Investment Dynamics ◽  
Aggregate Investment ◽  
The Cross ◽  
The Business Cycle ◽  
Plant Level ◽  
Machine Replacement

This paper explores investment fluctuations due to discrete changes in a plant's capital stock. The resulting aggregate investment dynamics are surprisingly rich, reflecting the interaction between a replacement cycle, the cross-sectional distribution of the age of the capital stock, and an aggregate shock. Using plant-level data, lumpy investment is procyclical and more likely for older capital. Further, the predicted path of aggregate investment that neglects vintage effects tracks actual aggregate investment reasonably well. However, ignoring fluctuations in the cross-sectional distribution of investment vintages can yield predictable nontrivial errors in forecasting changes in aggregate investment. (JEL E22, E32)

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