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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30127 |
来源ID | Working Paper 30127 |
Structural Change Within versus Across Firms: Evidence from the United States | |
Xiang Ding; Teresa C. Fort; Stephen J. Redding; Peter K. Schott | |
发表日期 | 2022-06-13 |
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 | Microeconomics ; Households and Firms ; International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w30127 |
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/587799 |
推荐引用方式 GB/T 7714 | Xiang Ding,Teresa C. Fort,Stephen J. Redding,et al. Structural Change Within versus Across Firms: Evidence from the United States. 2022. |
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 | ||
w30127.pdf(1056KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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