Papers Containing Keywords(s): 'geographically'
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Viewing papers 41 through 44 of 44
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Working PaperTHE IMPACT OF STATE URBAN ENTERPRISE ZONES ON BUSINESS OUTCOMES*
December 1998
Working Paper Number:
CES-98-20
Since the early 1980s, a vast majority of states have implemented enterprise zones. This paper examines the impact of zone programs in the urban areas of six states on business outcomes, the main target of zone incentives. The primary source of outcome data is the U.S. Bureau of Census' Longitudinal Research Database (LRD), which tracks manufacturing establishments over time. Matched sample and geographic comparison groups are created to measure of the impact of zone policy on employment, establishment, shipment, payroll, and capital spending outcomes. Consistent with previous research findings, the difference in difference estimates indicate that zones appears to have little impact on average. However, by exploiting the establishment-level data, the paper finds that zones have a positive impact on the outcomes of new establishments and a negative impact on the outcomes of previously existing establishments.View Full Paper PDF
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Working PaperIndustrial Spillovers In Developing Countries: Plant-Level Evidence From Chile, Mexico And Morocco
January 1998
Working Paper Number:
CES-98-02
Recent trade and growth models have underscored the potential importance of external economies of scale. However, many of the most frequently modeled externalities have either not been measured or have been estimated with data too aggregate to be informative. In this paper, plant-level longitudinal data from Chile, Mexico and Morocco allow me to provide some of the first micro evidence on several types of external economies from plant-level production functions. The results indicate that in many industries own-industry output contributes positively to plant-level productivity. However, the effects of geographic concentration are mixed. Cross-country concentration, as measured by a geographic GINI index, often decreases productivity but within-province, same industry activity enhances it.View Full Paper PDF
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Working PaperIndustrial Spillovers in Developing Countries: Plant-level Evidence From Chile, Mexico, and Morocco
January 1998
Working Paper Number:
CES-98-01
This paper documents the procedure used to match firm-level data from the Quarterly Financial Reports (QFR) to plant-level (establishment) data from the Longitudinal Research Database (LRD). The resulting matched firms and their plants provide a link between a firm's financial structure and its manufacturing plants. The linked database provides a resource that researchers can use to examine the interaction of financial structure with firm decisions - including decisions such as employment, investment, mergers, and asset redeployment. Financial structure characteristics in the QFR include the composition and amount of debt claims.View Full Paper PDF
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Working PaperThe Span of the Effect of R&D in the Firm and Industry
May 1994
Working Paper Number:
CES-94-07
Previous studies have found that the firm's own research and spillovers of research by related firms increase firm productivity. In contrast, in this paper we explore the impact of firm R&D on the productivity of its individual plants. We carry out this investigation of within firm R&D effects using a unique set of Census data. The data, which are from the chemicals industry, are a match of plant level productivity and other characteristics with firm level data on R&D of the parent company, cross-classified by location and applied product field. We explore three aspects of the span of effect of the firm's R&D: (i), the degree to which its R&D is "public" across plants; (ii), the extent of its localization in geographic space, and (iii), the breadth of its relevance outside the applied product area in which it is classified. We find that (i), firm R&D acts more like a private input which is strongly amortized by the number of plants in the firm; (ii), firm R&D is geographically localized, and exerts greater influence on productivity when it is conducted nearer to the plant; and (iii), firm R&D in a given applied product area is of limited relevance to plants producing outside that product area. Moreover, we find that while geographic localization remains significant, it diminishes over time. This trend is consistent with the effect of improved telecommunications on increased information flows within organizations. Finally, we consider spillovers of R&D from the rest of industry, finding that the marginal product of industry R&D on plant productivity, though positive and significant, is far smaller than the marginal product of parent firm's R&D.View Full Paper PDF