Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more productive than non-surviving fir...

This paper examines the exporting behaviour of Russian manufacturers by considering the interaction of firm characteristics and external conditions. An important distinction is made between general exporting activity and export to developed countries. Firm features and specific export experience are found to be important in determining the international orientation of manufacturers and the dest...

We resurrect the question if improved business practices contributed to increased macroeconomic stability since the 1980s – the Great Moderation. While previous studies on the issue are limited to examining inventory management, we analyse the role of better supply chain management on enhancing firms’ ability to coordinate their production. By investigating ordering and backordering behaviour i...

This paper contributes to the flourishing literature on exports and productivity by using a unique newly available panel of exporting establishments from the manufacturing sector of Germany from 1995 to 2004 to test three hypotheses derived from a theoretical model by Hopenhayn (Econometrica 1992): (H1) Firms that stop exporting in year t were in t-1 less productive than firms that continue to ...

In this paper different formulae for the decomposition of aggregate productivity levels and changes are applied to a sample of German manufacturing firms that pertain to 11 different industries at a roughly two-digit level observed over the period 1981-1998. Productivity is measured by a nonparametric frontier function approach. The decompositions of productivity allow for an explanation of the...

In this paper, we use detailed trade and transactions data for the U.S. manufacturing sector to empirically analyze the direction and magnitude of the association between firm-level exposure to trade and the volatility of employment growth. We find that, relative to purely domestic firms, firms that only export and firms that both export and import are less volatile, whereas firms that only imp...

The article discusses the mechanisms of state support for development renewable energy sources (RES) in Republic Kazakhstan. authors consider prospects using solar textile industry. analysis revealed that level organization work companies field conservation and efficiency production depends on following factors: timely observation current power supply possible future potential; implementation e...

Two series of tests annealed metal materials — copper, brass L60 and aluminum-magnesium alloy AMg4,0 were carried out. The first consists in upsetting the cylindrical samples listed above alloys on a press to different strain rate, then cutting deformed measuring microhardness area adjacent center samples. results constructing calibration plots as function strain. During second same for cavitat...

Stock return can be one of the representations a company’s performance in investment. This study aims at investigating factors determining stock largest users energy production oil, gas and coal classified manufacturing companies Indonesia’s Exchange for period 2016-2018. It involved 134 classifies as entries IDX that were used target population all selected sample this study. Financial distres...