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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28928 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w28928 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586602 |
推荐引用方式 GB/T 7714 | Vittorio Bassi,Raffaela Muoio,Tommaso Porzio,et al. Achieving Scale Collectively. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28928.pdf(1720KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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