| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17227 |
| DP17227 Nobody’s Gonna Slow Me Down? The Effects of a Transportation Cost Shock on Firm Performance and Behavior | |
| Catarina Lebre Branco; Dirk Dohse; Joao Pereira dos Santos; José Tavares | |
| 发表日期 | 2022-04-16 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This paper takes a deep and comprehensive look into the firm-level behavioral reactions to a massive transportation cost shock. Exploiting rich data encompassing the universe of Portuguese private firms and a natural experiment we find that the introduction of tolls on previously toll-free highways caused a substantial decrease of turnover and firm profits. In response to the tolls, firms reduced expenses, cutting employment-related expenses and purchases of other inputs in a similar magnitude. Labor costs were reduced by employment cuts rather than by wage cuts. We find evidence for increased firm exit in treated municipalities, but not for increased re-location. |
| 主题 | Public Economics |
| 关键词 | Road tolls Infrastructure Firm performance Firm behavior Location Portugal |
| URL | https://cepr.org/publications/dp17227 |
| 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/546228 |
| 推荐引用方式 GB/T 7714 | Catarina Lebre Branco,Dirk Dohse,Joao Pereira dos Santos,等. DP17227 Nobody’s Gonna Slow Me Down? The Effects of a Transportation Cost Shock on Firm Performance and Behavior. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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