全球智库信息集成服务系统(G2TT): DP17352 Structural Change Within versus Across Firms: Evidence from the United States

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP17352
	DP17352 Structural Change Within versus Across Firms: Evidence from the United States
	Xiang Ding; Stephen Redding; Peter Schott
发表日期	2022-06-02
出版年	2022
语种	英语
摘要	We document the role of intangible capital in manufacturing firms' substantial contribution to non-manufacturing employment growth from 1977-2019. Exploiting data on firms' "auxiliary" establishments, we develop a novel measure of proprietary in-house knowledge and show that it is associated with increased growth and industry switching. We rationalize this reallocation in a model where firms combine physical and knowledge inputs as complements, and where producing the latter in-house confers a sector-neutral productivity advantage facilitating within-firm structural transformation. Consistent with the model, manufacturing firms with auxiliary employment pivot towards services in response to a plausibly exogenous decline in their physical input prices.
主题	Industrial Organization ; International Trade and Regional Economics ; Macroeconomics and Growth
关键词	Structural transformation Professional services Intangible knowledge Economic growth
URL	https://cepr.org/publications/dp17352
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/546399
推荐引用方式 GB/T 7714	Xiang Ding,Stephen Redding,Peter Schott. DP17352 Structural Change Within versus Across Firms: Evidence from the United States. 2022.