In this paper the time series properties of the outcomes of two different specifications of a nonparametric productivity analysis are compared using data for threeand four-digit U.S. manufacturing industries over the period 1958-96. The first model is standard and does not account for variations of capacity utilization of the production factors whereas the second model does. Correcting for util...

ÖZ
 Bu çalışmanın temel amacı BRICS ve MIST ülkelerine ait borsalar arasındaki getiri volatilite etkileşimi araştırmaktır. Çalışmada 04.01.2004 ile 29.12.2019 dönemine haftalık verileriyle VAR-EGARCH modeli kullanarak araştırma gerçekleştirilmiştir. Genel olarak ülkelerinin borsaları arasında olduğu tespit edilmiştir. Elde edilen bir diğer sonuç ise Çin, Güney Afrika Türkiye borsalarının a...

This paper employs a matched firm production-innovation panel dataset from Chile to explore the response of innovation increased competition arising China shock. The data cover wider range inputs and outputs than previously possible allow generating measures markups efficiency (TFPQ) that correspond closely concepts rents technological leadership envisaged in Schumpeterian literature. Except fo...

Industrial agglomeration policies may limit competition. We develop, validate, and apply a novel approach for measuring competition based on the comovement of markups market shares among firms in same location industry. Then we develop model how this reduction affects aggregate income. our to well-known special economic zones (SEZs) China. estimate that SEZs exhibit cooperative pricing almost t...

The high-tech sector is concentrated in a small number of cities. ten largest clusters computer science, semiconductors, and biology account for 69 percent, 77 59 percent all US inventors, respectively. Using longitudinal data on 109,846 I find that geographical agglomeration results significant productivity gains. When an inventor moves to city with large cluster inventors the same field, she ...

I assess the magnitude of human capital spillovers by estimating production functions using a unique firm-worker matched data set. Productivity of plants in cities that experience large increases in the share of college graduates rises more than the productivity of similar plants in cities that experience small increases in the share of college graduates. These productivity gains are offset by ...

In this paper we search for pollution haven consistent evidence within China. Using a province level data set and three different measures of environmental stringency, we investigate whether inward foreign direct investment (FDI) is attracted to those regions with relatively low environmental regulations. Our results are consistent with pollution haven seeking behaviour by foreign investors. In...

This paper investigates the spatial concentration of Chinese manufacturing using data collected in both the second and third national industrial censuses. It is found that many of China’s manufacturing industries were highly geographically concentrated in several coastal regions in 1995. A historical comparison of the concentration levels between 1980, 1985 and 1995 suggests that manufacturing ...

Firm-level, revenue-based productivity measures are ubiquitous in studies of firm dynamics and aggregate outcomes. One common measure is increasingly interpreted as reflecting “distortions” since distortions’ absence, equalization marginal revenue products should yield no dispersion this measure. Another but distinct the residual firm-level function, which reflects “fundamentals.” Using micro-l...

Applying the Foster, Haltiwanger, and Krizan (2001) decomposition to plant-level manufacturing data from Chile Korea, we find that entry exit of plants account for a larger fraction aggregate productivity growth during periods fast GDP growth. To analyze this relationship, develop model firm based on Hopenhayn (1992). When introduce reforms reduce costs or barriers technology adoption into cali...