This study is the competitive advantage strategies of Thai Polymer Industry to The Asian Economic Community the plastic industry also has an important role in bringing the foreign currency into Thailand. As can be seen from the plastic industry of Thailand’s total exports, there are worth more than one billion baht per year, be in one of the top 10 list of exports in this country. Moreover, the plastic industry is the linkage between the petrochemical industry which not only is the material for plastic pellets’ production but also can be continued to the production of various plastic products with a variety of industries.The objective of study is to make sure that the result of this study can be used for defining and planning on industrial polymers trade and production for ASIAN community market. Second, to know the success of polymers competitiveness strategy and use it as a case study. Third, to analyze effectiveness of polymers industries on international competitiveness that there is any factor can be strongly effect than others. And fourth to analyze the factors that are contributed the success of international business in ASIA.The result found that the strategic management process has the relationship with the competitive advantage according to Correlation Coefficient from high to low. The analytical of environmental scanning in business has the high correlation level (r=0.982, p-value The Structural Equation Model (SEM) found that the latent variables of success factors have the impact weight score on observe variables of competitive advantage at 1.42, competency at 0.90, business alliance at 0.65, innovation at 0.82, free trade at 0.97, international prestige equally to 1.00, development of marketing at 1.30 and distribution channel at 1.30 accordingly.The analytical of constructive model on direct and indirect effect found that latent variables of entrepreneur characteristics have the direct effect on strategic management process at 0.903, success factor at 0.744, the competitive advantage at 0.877 with a significant level at 0.001. While the latent variable of strategic management process has the direct effect on success factor at 0.171, the competitive advantage at 0.713 with a significant level at 0.001. Moreover, the latent variable of logistic and supply chain activities has the direct effect on success factor at 1.883, competitive advantage at 3.061 with a significant level at 0.001. Finally, success factor has the direct effect on competitive advantage at 0.916 with a significant level at 0.001.
{"title":"The Strategies of Competitive Advantages of Thai Polymer Industrial to the Asian Economics Communities (AEC) Countries","authors":"Natepanna Yavirach","doi":"10.2139/ssrn.2611185","DOIUrl":"https://doi.org/10.2139/ssrn.2611185","url":null,"abstract":"This study is the competitive advantage strategies of Thai Polymer Industry to The Asian Economic Community the plastic industry also has an important role in bringing the foreign currency into Thailand. As can be seen from the plastic industry of Thailand’s total exports, there are worth more than one billion baht per year, be in one of the top 10 list of exports in this country. Moreover, the plastic industry is the linkage between the petrochemical industry which not only is the material for plastic pellets’ production but also can be continued to the production of various plastic products with a variety of industries.The objective of study is to make sure that the result of this study can be used for defining and planning on industrial polymers trade and production for ASIAN community market. Second, to know the success of polymers competitiveness strategy and use it as a case study. Third, to analyze effectiveness of polymers industries on international competitiveness that there is any factor can be strongly effect than others. And fourth to analyze the factors that are contributed the success of international business in ASIA.The result found that the strategic management process has the relationship with the competitive advantage according to Correlation Coefficient from high to low. The analytical of environmental scanning in business has the high correlation level (r=0.982, p-value The Structural Equation Model (SEM) found that the latent variables of success factors have the impact weight score on observe variables of competitive advantage at 1.42, competency at 0.90, business alliance at 0.65, innovation at 0.82, free trade at 0.97, international prestige equally to 1.00, development of marketing at 1.30 and distribution channel at 1.30 accordingly.The analytical of constructive model on direct and indirect effect found that latent variables of entrepreneur characteristics have the direct effect on strategic management process at 0.903, success factor at 0.744, the competitive advantage at 0.877 with a significant level at 0.001. While the latent variable of strategic management process has the direct effect on success factor at 0.171, the competitive advantage at 0.713 with a significant level at 0.001. Moreover, the latent variable of logistic and supply chain activities has the direct effect on success factor at 1.883, competitive advantage at 3.061 with a significant level at 0.001. Finally, success factor has the direct effect on competitive advantage at 0.916 with a significant level at 0.001.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82827217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Football head coach pay at the college level has risen dramatically over the past decade. At the same time, football head coaches have experienced an average tenure of 4-5 years. This leads to the natural question are these relatively quick hires good for the team and can they also bring quick success? We first investigate the determinants of head coach pay by using common variables, and one new variable not found in the literature. We then use these estimates to determine if a new head coach can bring relative success to their team compared to longer tenured coaches. To accomplish this we use Las Vegas spread data and implement logit and fractional logit models.
{"title":"College Football Success and the Coach's Tenure and Pay","authors":"John Roufagalas, Jennings Byrd","doi":"10.2139/ssrn.2589259","DOIUrl":"https://doi.org/10.2139/ssrn.2589259","url":null,"abstract":"Football head coach pay at the college level has risen dramatically over the past decade. At the same time, football head coaches have experienced an average tenure of 4-5 years. This leads to the natural question are these relatively quick hires good for the team and can they also bring quick success? We first investigate the determinants of head coach pay by using common variables, and one new variable not found in the literature. We then use these estimates to determine if a new head coach can bring relative success to their team compared to longer tenured coaches. To accomplish this we use Las Vegas spread data and implement logit and fractional logit models.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90682431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-04-02DOI: 10.1093/OXFORDHB/9780199948277.013.36
N. Economides
We discuss the issue of a possible abolition of network neutrality and the introduction of paid prioritization by residential broadband access networks.We show that, in short run analysis where bandwidth is fixed, and in the absence of congestion, network neutrality tends to maximize total surplus. When an ISP violates network neutrality and invests the extra profits to bandwidth expansion, the presence of more bandwidth alleviates the allocative distortion, and can even reverse it. We also discuss the network neutrality issue under the assumption of congestion, and characterize the set of utility functions for which network neutrality is optimal, as well as utility functions where it is optimal to prioritize. Finally, we review regulatory rules in the United States on network neutrality.
{"title":"Economic Features of the Internet and Network Neutrality","authors":"N. Economides","doi":"10.1093/OXFORDHB/9780199948277.013.36","DOIUrl":"https://doi.org/10.1093/OXFORDHB/9780199948277.013.36","url":null,"abstract":"We discuss the issue of a possible abolition of network neutrality and the introduction of paid prioritization by residential broadband access networks.We show that, in short run analysis where bandwidth is fixed, and in the absence of congestion, network neutrality tends to maximize total surplus. When an ISP violates network neutrality and invests the extra profits to bandwidth expansion, the presence of more bandwidth alleviates the allocative distortion, and can even reverse it. We also discuss the network neutrality issue under the assumption of congestion, and characterize the set of utility functions for which network neutrality is optimal, as well as utility functions where it is optimal to prioritize. Finally, we review regulatory rules in the United States on network neutrality.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76316834","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Seongmin Jeon, C. Han, Sangchun Shim, Byungjoon Yoo
The Internet enables businesses to acquire a great deal of reference information, including the price in the open markets, for estimating appropriate prices of the assets to sell off. However, companies may be unsure whether this information is useful for their pricing strategies. In particular, what is the value of reference price information to a company in the market and how can the company make use of this information? Using a multiple regression model for price estimation applied to used cars for a rent-a-car company, we propose a framework to collect the reference price information, in order to estimate appropriate prices in the future. In this process, we identify factors that affect the estimated prices. The result is a new information system that collects online reference price information and provides very accurate information in estimating future prices of used cars and rental prices resulting from the estimation.
{"title":"An Online Reference Pricing System Using Business Analytics: The Case of a Rent-a-Car Company","authors":"Seongmin Jeon, C. Han, Sangchun Shim, Byungjoon Yoo","doi":"10.2139/ssrn.2580730","DOIUrl":"https://doi.org/10.2139/ssrn.2580730","url":null,"abstract":"The Internet enables businesses to acquire a great deal of reference information, including the price in the open markets, for estimating appropriate prices of the assets to sell off. However, companies may be unsure whether this information is useful for their pricing strategies. In particular, what is the value of reference price information to a company in the market and how can the company make use of this information? Using a multiple regression model for price estimation applied to used cars for a rent-a-car company, we propose a framework to collect the reference price information, in order to estimate appropriate prices in the future. In this process, we identify factors that affect the estimated prices. The result is a new information system that collects online reference price information and provides very accurate information in estimating future prices of used cars and rental prices resulting from the estimation.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88000695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Andreas Dietrich, Gabrielle Wanzenried, Rebel A. Cole
In this study, we use panel data from 121 countries over the period 1999-2012 to provide new evidence regarding why bank margins differ across countries. More specifically, we test whether, and, if so, by how much, country-level governance variables and bank-specific factors explain the net-interest margins over time. We find that both bank-specific factors and country-level governance variables are important determinants of the interest margins. We also investigate whether these determinants vary by the level of economic development by analyzing developed and developing countries separately. We find significant differences in the determinants of margins between developed and developing countries.
{"title":"Why are Net-Interest Margins Across Countries so Different?","authors":"Andreas Dietrich, Gabrielle Wanzenried, Rebel A. Cole","doi":"10.2139/ssrn.1542067","DOIUrl":"https://doi.org/10.2139/ssrn.1542067","url":null,"abstract":"In this study, we use panel data from 121 countries over the period 1999-2012 to provide new evidence regarding why bank margins differ across countries. More specifically, we test whether, and, if so, by how much, country-level governance variables and bank-specific factors explain the net-interest margins over time. We find that both bank-specific factors and country-level governance variables are important determinants of the interest margins. We also investigate whether these determinants vary by the level of economic development by analyzing developed and developing countries separately. We find significant differences in the determinants of margins between developed and developing countries.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82048033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper assesses energy efficiency in Swedish industry. Using unique firm-level panel data covering the years 2001-2008, the efficiency estimates are obtained for firms in 14 industrial sectors by using data envelopment analysis (DEA). The analysis accounts for multi-output technologies where undesirable outputs are produced alongside with the desirable output. The results show that there was potential to improve energy efficiency in all the sectors and relatively large energy inefficiencies existed in small energy-use industries in the sample period. Also, we assess how the EU ETS, the carbon dioxide (CO2) tax and the energy tax affect energy efficiency by conducting a second-stage regression analysis. To obtain consistent estimates for the regression model, we apply a modified, input-oriented version of the double bootstrap procedure of Simar and Wilson (Journal of Econometrics 136(1):31-64, 2007). The results of the regression analysis reveal that the EU ETS and the CO2 tax did not have significant influences on energy efficiency in the sample period. However, the energy tax had a positive relation with the energy efficiency.
本文评估了瑞典工业的能源效率。利用2001-2008年的独特的企业层面面板数据，利用数据包络分析(DEA)对14个工业部门的企业进行了效率估计。该分析考虑了多产出技术，其中不希望的产出与理想的产出同时产生。结果表明，所有部门都有提高能源效率的潜力，在样本期内，小型能源使用行业存在相对较大的能源效率低下。此外，我们通过进行第二阶段回归分析来评估欧盟碳排放交易体系、二氧化碳税和能源税如何影响能源效率。为了获得回归模型的一致估计，我们采用了Simar和Wilson (Journal of Econometrics 136(1):31-64, 2007)的双bootstrap过程的一个改进的、以投入为导向的版本。回归分析结果显示，在样本期内，EU ETS和CO2税对能源效率没有显著影响。然而，能源税与能源效率呈正相关。
{"title":"Energy Efficiency in Swedish Industry A Firm-Level Data Envelopment Analysis","authors":"T. Lundgren, Shanshan Zhang, Wenchao Zhou","doi":"10.2139/ssrn.2573690","DOIUrl":"https://doi.org/10.2139/ssrn.2573690","url":null,"abstract":"This paper assesses energy efficiency in Swedish industry. Using unique firm-level panel data covering the years 2001-2008, the efficiency estimates are obtained for firms in 14 industrial sectors by using data envelopment analysis (DEA). The analysis accounts for multi-output technologies where undesirable outputs are produced alongside with the desirable output. The results show that there was potential to improve energy efficiency in all the sectors and relatively large energy inefficiencies existed in small energy-use industries in the sample period. Also, we assess how the EU ETS, the carbon dioxide (CO2) tax and the energy tax affect energy efficiency by conducting a second-stage regression analysis. To obtain consistent estimates for the regression model, we apply a modified, input-oriented version of the double bootstrap procedure of Simar and Wilson (Journal of Econometrics 136(1):31-64, 2007). The results of the regression analysis reveal that the EU ETS and the CO2 tax did not have significant influences on energy efficiency in the sample period. However, the energy tax had a positive relation with the energy efficiency.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81784543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper studies the impact of real exchange rate volatility on firm level employment using a difference-in-difference model applied on a panel of 900 manufacturing firms. Trade exposure as measured by the difference between the shares of exports and imports in a firm’s total revenues and input costs respectively, emerges as an important determinant of firm’s response to higher exchange rate volatility. Firms with a positive trade exposure are found to experience a larger increase, or a smaller decrease, in employment growth than similar “non-exposed” firms in response to an increase in real exchange rate volatility. The impact of exchange rate volatility on employment is found to be non-linear in trade exposure. Finally, domestically owned firms respond differently to exchange rate shocks as compared to the foreign owned firms. Similarly, exporters respond differently to higher exchange rate volatility than the non-exporters.
{"title":"Real Exchange Rate Volatility and Employment: Role of External Sector Exposure","authors":"Anubha Dhasmana","doi":"10.2139/ssrn.2564427","DOIUrl":"https://doi.org/10.2139/ssrn.2564427","url":null,"abstract":"This paper studies the impact of real exchange rate volatility on firm level employment using a difference-in-difference model applied on a panel of 900 manufacturing firms. Trade exposure as measured by the difference between the shares of exports and imports in a firm’s total revenues and input costs respectively, emerges as an important determinant of firm’s response to higher exchange rate volatility. Firms with a positive trade exposure are found to experience a larger increase, or a smaller decrease, in employment growth than similar “non-exposed” firms in response to an increase in real exchange rate volatility. The impact of exchange rate volatility on employment is found to be non-linear in trade exposure. Finally, domestically owned firms respond differently to exchange rate shocks as compared to the foreign owned firms. Similarly, exporters respond differently to higher exchange rate volatility than the non-exporters.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84206898","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
type="main" xml:id="twec12147-abs-0001"> Using a newly created panel of domestic Chinese firms who receive foreign direct investment (FDI), this paper finds that Organisation of Economic Cooperation and Development (OECD)-acquired firms outperform those acquired by investors from Hong Kong, Macao and Taiwan (HMT). To control for possible endogeneity of the FDI decision, I employ propensity score matching combined with a difference-in-differences approach. The results indicate that relative to HMT-acquired firms, OECD-acquired firms experience significantly higher productivity in the initial year of acquisition and this productivity differential persists in subsequent years, reaching 27.8 per cent by the third year. Further, OECD-acquired firms exhibit higher profits, average wages and capital per worker compared to HMT-acquired firms. These results suggest that the origin of the foreign investor differentially affects target firm performance.
{"title":"Origin of Foreign Direct Investment and Firm Performance: Evidence from Foreign Acquisitions of Chinese Domestic Firms","authors":"Fariha Kamal","doi":"10.1111/twec.12147","DOIUrl":"https://doi.org/10.1111/twec.12147","url":null,"abstract":"type=\"main\" xml:id=\"twec12147-abs-0001\"> Using a newly created panel of domestic Chinese firms who receive foreign direct investment (FDI), this paper finds that Organisation of Economic Cooperation and Development (OECD)-acquired firms outperform those acquired by investors from Hong Kong, Macao and Taiwan (HMT). To control for possible endogeneity of the FDI decision, I employ propensity score matching combined with a difference-in-differences approach. The results indicate that relative to HMT-acquired firms, OECD-acquired firms experience significantly higher productivity in the initial year of acquisition and this productivity differential persists in subsequent years, reaching 27.8 per cent by the third year. Further, OECD-acquired firms exhibit higher profits, average wages and capital per worker compared to HMT-acquired firms. These results suggest that the origin of the foreign investor differentially affects target firm performance.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73321670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
With the emergence of new organizational forms and environmental dynamism, research on organisational capabilities and their value creation has become an important focus among scholars. The aim of this paper is to investigate the role of organisational capabilities (OC), specifically dynamic capabilities (DC) and coordinative capabilities (CC) for the strategic performance of architecture companies. Based on the resource-based-view (RBV) we hypothesize that DC and CC, which are embedded in the organization itself and developed through projects and individual capabilities, influence the strategic performance of architects and thus lead to competitive advantage and higher performance of architectural firms. The research framework is empirically evaluated by using data from architecture companies in Austria, Germany and Switzerland. We test the hypotheses by applying a stepwise regression analysis. Our research results provide strong support for the hypotheses that innovation capabilities and coordinative capabilities have a strong influence on firm performance, especially when moderated by environmental uncertainty.
随着新的组织形式和环境动态性的出现，对组织能力及其价值创造的研究成为学者们关注的一个重要问题。本文的目的是研究组织能力(OC)，特别是动态能力(DC)和协调能力(CC)在建筑公司战略绩效中的作用。基于资源基础观点(resource- Based view, RBV)，我们假设DC和CC根植于组织内部，并通过项目和个人能力发展，从而影响建筑师的战略绩效，从而导致建筑公司的竞争优势和更高的绩效。通过使用奥地利、德国和瑞士建筑公司的数据，对研究框架进行了实证评估。我们采用逐步回归分析来检验假设。我们的研究结果有力地支持了创新能力和协调能力对企业绩效有强烈影响的假设，特别是在环境不确定性的调节下。
{"title":"Dynamic and Coordinative Capabilities: Creating Competitive Advantage for Architectural Firms","authors":"Marijana Sreckovic, F. Gruber","doi":"10.2139/ssrn.2637304","DOIUrl":"https://doi.org/10.2139/ssrn.2637304","url":null,"abstract":"With the emergence of new organizational forms and environmental dynamism, research on organisational capabilities and their value creation has become an important focus among scholars. The aim of this paper is to investigate the role of organisational capabilities (OC), specifically dynamic capabilities (DC) and coordinative capabilities (CC) for the strategic performance of architecture companies. Based on the resource-based-view (RBV) we hypothesize that DC and CC, which are embedded in the organization itself and developed through projects and individual capabilities, influence the strategic performance of architects and thus lead to competitive advantage and higher performance of architectural firms. The research framework is empirically evaluated by using data from architecture companies in Austria, Germany and Switzerland. We test the hypotheses by applying a stepwise regression analysis. Our research results provide strong support for the hypotheses that innovation capabilities and coordinative capabilities have a strong influence on firm performance, especially when moderated by environmental uncertainty.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80130828","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper examines how technology affects firm size. A vertical integration perspective is taken because the size of a firm tends to be large when a longer chain of production processes are organized within the border of the firm. By applying the Property Rights Theory Approach, the paper establishes that vertical integration is more likely in more capital-intensive industries whereas labor-intensive intermediate goods are more likely to be produced by independent firms. It then uses firm-level data for Chinese manufacturing sectors to test the relationship between firm size and factor intensity and finds that firms in more capital-intensive industries are indeed larger than those in more labor-intensive industries. These results are robust even after including age and other additional controls.
{"title":"Technology and Firm Size Across Industries: Theory and Evidence from Chinese Manufacturing Sectors","authors":"Xifang Sun","doi":"10.2139/ssrn.2707017","DOIUrl":"https://doi.org/10.2139/ssrn.2707017","url":null,"abstract":"This paper examines how technology affects firm size. A vertical integration perspective is taken because the size of a firm tends to be large when a longer chain of production processes are organized within the border of the firm. By applying the Property Rights Theory Approach, the paper establishes that vertical integration is more likely in more capital-intensive industries whereas labor-intensive intermediate goods are more likely to be produced by independent firms. It then uses firm-level data for Chinese manufacturing sectors to test the relationship between firm size and factor intensity and finds that firms in more capital-intensive industries are indeed larger than those in more labor-intensive industries. These results are robust even after including age and other additional controls.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73446524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：