| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13429 |
| DP13429 The Origins of Firm Heterogeneity: A Production Network Approach | |
| Andrew Bernard; Emmanuel Dhyne; Glenn Magerman; Kalina Manova; Andreas Moxnes | |
| 发表日期 | 2019-01-05 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper quantifies the origins of firm size heterogeneity when firms are interconnected in a production network. Using the universe of buyer-supplier relationships in Belgium, the paper develops a set of stylized facts that motivate a model in which firms buy inputs from upstream suppliers and sell to downstream buyers and final demand. Larger firm size can come from high production capability, more or better buyers and suppliers, and/or better matches between buyers and suppliers. Downstream factors explain the vast majority of firm size heterogeneity. Firms with higher production capability have greater market shares among their customers, but also higher input costs and fewer customers. As a result, high production capability firms have lower sales unconditionally and higher sales conditional on their input prices. Counterfactual analysis suggests that the production network accounts for more than half of firm size dispersion. Taken together, our results suggest that multiple firm attributes underpin their success or failure, and that models with only one source of firm heterogeneity fail to capture the majority of firm size dispersion. |
| 主题 | Industrial Organization ; International Trade and Regional Economics ; Macroeconomics and Growth |
| 关键词 | Production networks Productivity Firm size heterogeneity |
| URL | https://cepr.org/publications/dp13429 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542245 |
| 推荐引用方式 GB/T 7714 | Andrew Bernard,Emmanuel Dhyne,Glenn Magerman,et al. DP13429 The Origins of Firm Heterogeneity: A Production Network Approach. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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