Results 11 to 20 of about 82,623 (49)
Opposing Firm Level Responses to the China Shock: Output Competition versus Input Supply
Social Science Research NetworkWe decompose the “China shock” into two components that induce different adjustments for firms exposed to Chinese exports: an output shock affecting firms selling goods that compete with similar imported Chinese goods, and an input supply shock affecting
P. Aghion +4 more
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Firm Sorting and Agglomeration
The American Economic Review, 2018 To account for the uneven distribution of economic activity in space, I propose a theory of the location choices of heterogeneous firms in a variety of sectors across cities.
C. Gaubert
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Revisiting productivity growth accounting decompositions
Research in EconomicsProductivity growth accounting decompositions are sensitive to the definition of aggregate productivity, which usually takes the form of a weighted geometric or arithmetic average of firms’ productivities. This paper shows explicitly why the two differ. It
Filippo Massari
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The Sources of Capital Misallocation
The American Economic Review, 2019 We develop a methodology to disentangle sources of capital “mis-allocation,” i.e., dispersion in value-added/capital. It measures the contributions of technological/informational frictions and a rich class of firm-specific factors.
J. David, Venky Venkateswaran
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Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market
Social Science Research Network, 2019 We quantify the importance of imperfect competition in the US labor market by estimating the size of labor market rents earned by American firms and workers.
T. Lamadon, M. Mogstad, Bradley Setzler
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Anticompetitive Bundling When Buyers Compete
American Economic Journal: MicroeconomicsWe study the profitability of bundling by an upstream firm that licenses technologies to downstream competitors and that faces competition for one of its technologies.
Alexandre de Cornière, Greg Taylor
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Imported Inputs and Productivity
, 2015 L. Halpern, Miklós Koren, Adam Szeidl
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A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers
Social Science Research NetworkOur novel approach to modeling monopolistic competition with heterogeneous firms and consumers involves spatial product differentiation, in either a geographical space or a space of characteristics.
S. Kokovin +3 more
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Social Science Research Network, 2022
I discuss the recent literature that has led to new interest in the idea of monopsonistic wage setting. Building on advances in search theory and in models of differentiated products, researchers have used a number of different strategies to identify the
D. Card
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I discuss the recent literature that has led to new interest in the idea of monopsonistic wage setting. Building on advances in search theory and in models of differentiated products, researchers have used a number of different strategies to identify the
D. Card
semanticscholar +1 more source
Start-Up Costs and Market Power: Lessons from the Renewable Energy Transition
The American Economic ReviewFirms expect to recover the fixed costs required to start production by earning positive operating profits in subsequent periods. We develop a dynamic competitive benchmark that accounts for start-up costs, showing that static markups overstate the rents
A. Jha, Gordon W. Leslie
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