G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28928
来源IDWorking Paper 28928
Achieving Scale Collectively
Vittorio Bassi; Raffaela Muoio; Tommaso Porzio; Ritwika Sen; Esau Tugume
发表日期2021-06-21
出版年2021
语种英语
摘要This paper argues that rental market interactions allow small firms to increase their effective scale and mechanize production, even when each individual firm would be too small to invest in expensive machines. We conduct a novel survey of manufacturing firms in Uganda, which uncovers an active rental market for large machines between small firms in informal clusters. We then build an equilibrium model of firm behavior and estimate it with our data. Our results show that the rental market is quantitatively important for mechanization and productivity since it provides a workaround for other market imperfections that keep firms small. We also show that the rental market shapes the effectiveness of policies to foster mechanization, such as subsidies to purchase machines.
主题Macroeconomics ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w28928
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/586602
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GB/T 7714
Vittorio Bassi,Raffaela Muoio,Tommaso Porzio,et al. Achieving Scale Collectively. 2021.
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