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来源类型Working Paper
规范类型报告
DOI10.3386/w22951
来源IDWorking Paper 22951
Interfirm Relationships and Business Performance
Jing Cai; Adam Szeidl
发表日期2016-12-19
出版年2016
语种英语
摘要We organized business associations for the owner-managers of randomly selected young Chinese firms to study the effect of business networks on firm performance. We randomized 2,800 firms into small groups whose managers held monthly meetings for one year, and into a “no- meetings” control group. We find that: (1) The meetings increased firm revenue by 8.1 percent, and also significantly increased profit, factors, inputs, the number of partners, borrowing, and a management score; (2) These effects persisted one year after the conclusion of the meetings; and (3) Firms randomized to have better peers exhibited higher growth. We exploit additional interventions to document concrete channels. (4) Managers shared exogenous business-relevant information, particularly when they were not competitors, showing that the meetings facilitated learning from peers. (5) Managers created more business partnerships in the regular than in other one-time meetings, showing that the meetings improved supplier-client matching. (6) Firms whose managers discussed management, partners, or finance improved more in the associated domain, suggesting that the content of conversations shaped the nature of gains.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w22951
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580624
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GB/T 7714
Jing Cai,Adam Szeidl. Interfirm Relationships and Business Performance. 2016.
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