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Book The Size Distribution of Manufacturing Plants and Development

Download or read book The Size Distribution of Manufacturing Plants and Development written by Siddharth Kothari and published by International Monetary Fund. This book was released on 2014-12-22 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The typical size distribution of manufacturing plants in developing countries has a thick left tail compared to developed countries. The same holds across Indian states, with richer states having a much smaller share of their manufacturing employment in small plants. In this paper, I explore the hypothesis that this income-size relation arises from the fact that low income countries and states have high demand for low quality products which can be produced efficiently in small plants. I provide evidence which is consistent with this hypothesis from both the consumer and producer side. In particular, I show empirically that richer households buy higher price goods while larger plants produce higher price products (and use higher price inputs). I develop a model which matches these cross-sectional facts. The model features non-homothetic preferences with respect to quality on the consumer side. On the producer side, high quality production has higher marginal costs and requires higher fixed costs. These two features imply that high quality producers are larger on average and charge higher prices. The model can explain about forty percent of the cross-state variation in the left tail of manufacturing plants in India.

Book Law and Employment

    Book Details:
  • Author : James J. Heckman
  • Publisher : University of Chicago Press
  • Release : 2007-11-01
  • ISBN : 0226322858
  • Pages : 585 pages

Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

Book Manufacturers  Response to Infrastructure Deficiencies in Nigeria

Download or read book Manufacturers Response to Infrastructure Deficiencies in Nigeria written by Kyu Sik Lee and published by World Bank Publications. This book was released on 1989 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents selected findings from a survey of manufacturing establishments including the costs of private infrastructure provisions and develops policy options for improving the service delivery.

Book Survey of Current Business

Download or read book Survey of Current Business written by and published by . This book was released on 1982 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Statistical Size Distributions in Economics and Actuarial Sciences

Download or read book Statistical Size Distributions in Economics and Actuarial Sciences written by Christian Kleiber and published by John Wiley & Sons. This book was released on 2003-10-24 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive account of economic size distributions around the world and throughout the years In the course of the past 100 years, economists and applied statisticians have developed a remarkably diverse variety of income distribution models, yet no single resource convincingly accounts for all of these models, analyzing their strengths and weaknesses, similarities and differences. Statistical Size Distributions in Economics and Actuarial Sciences is the first collection to systematically investigate a wide variety of parametric models that deal with income, wealth, and related notions. Christian Kleiber and Samuel Kotz survey, compliment, compare, and unify all of the disparate models of income distribution, highlighting at times a lack of coordination between them that can result in unnecessary duplication. Considering models from eight languages and all continents, the authors discuss the social and economic implications of each as well as distributions of size of loss in actuarial applications. Specific models covered include: Pareto distributions Lognormal distributions Gamma-type size distributions Beta-type size distributions Miscellaneous size distributions Three appendices provide brief biographies of some of the leading players along with the basic properties of each of the distributions. Actuaries, economists, market researchers, social scientists, and physicists interested in econophysics will find Statistical Size Distributions in Economics and Actuarial Sciences to be a truly one-of-a-kind addition to the professional literature.

Book Downsizing in America

Download or read book Downsizing in America written by William J. Baumol and published by Russell Sage Foundation. This book was released on 2003-06-26 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s and early 1990s, a substantial number of U.S. companies announced major restructuring and downsizing. But we don't know exactly what changes in the U.S. and global economy triggered this phenomenon. Little research has been done on the underlying causes of downsizing. Did companies actually reduce the size of their workforces, or did they simply change the composition of their workforces by firing some kinds of workers and hiring others? Downsizing in America, one of the most comprehensive analyses of the subject to date, confronts all these questions, exploring three main issues: the extent to which firms actually downsized, the factors that triggered changes in firm size, and the consequences of downsizing. The authors show that much of the conventional wisdom regarding the spate of downsizing in the 1980s and 1990s is inaccurate. Nearly half of the large firms that announced major layoffs subsequently increased their workforce by more than 10 percent within two or three years. The only arena in which downsizing predominated appears to be the manufacturing sector-less than 20 percent of the U.S. workforce. Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firm at which production is most efficient. Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output, but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital-from workers to owners

Book Enterprise Statistics  1958

Download or read book Enterprise Statistics 1958 written by United States. Bureau of the Census and published by . This book was released on 1963 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book City states In The Global Economy

Download or read book City states In The Global Economy written by Stephen W.K. Chiu and published by Routledge. This book was released on 2019-03-07 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the patterns, strategies, and consequences of industrial restructuring in two dynamic Asian city-states, Hong Kong and Singapore, in the global economy. It highlights the institutional differences between the two industrial economies.

Book Census Monographs

Download or read book Census Monographs written by United States. Bureau of the Census and published by . This book was released on 1924 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Fairness and Economics

Download or read book Social Fairness and Economics written by Lance Taylor and published by Routledge. This book was released on 2013-02-11 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money. Foley was a pioneer of complexity economics as well, which adopts approaches to these questions drawn from natural sciences, so the collection therefore has an interdisciplinary quality that will interest a wide variety of readers. Some of the chapters are intellectual biographies that contextualize and identify Foley’s contributions to Keynesian macroeconomics, Marxian value theory, and complexity theory in economics. The topics covered include the economics of complexity; the ethics of general equilibrium theory; the economics of climate change; applications of Keynesian, Marxian and Ricardian political economy; and money and financial crises. The collection should be useful to scholars who work in various economic traditions critical of the currently dominant free-market approach, but it also speaks to scholars of critical theory in various disciplines beyond economics such as the mathematicians, physicists, and other natural scientists who are interested in understanding the complexity of social processes using their analytical frameworks. This book should also appeal to graduate students in economics who are working in these traditions, as well as scholars (including current graduate students in orthodox programs) who are dissatisfied with the current state of economic theory and would like to satisfy their intellectual curiosity by sampling the contributions of critical theorists.

Book Remaking the Economic Institutions of Socialism

Download or read book Remaking the Economic Institutions of Socialism written by Victor Nee and published by Stanford University Press. This book was released on 1989 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent can contemporary socialist economies be reformed by the introduction of markets? The question is usually debated in either a Chinese or an East European context; this collection of eleven essays is unique in taking the first steps toward a comparative analysis. Twenty years of experience with reforms in Hungary and a decade of experimentation with reforms in China proivde a critical mass of evidence for analyzing the problems endemic to cnetrally planned economies and the dilemmas faced in efforts to reform them. In reflecting on the Chinese and East European experiences, these essays trace the shift from a conception of reform as a mix of planning and makrets within the state sector to a socialist mixed economy with implications for the emergence of new social groups and autonomous social organizations. The essays exemplify a new perspective in the study of state socialism that changes the focus from ideologies to economic institutions, examining how the activities of subordinate groups place limits on the power of state elites. The authors include scholars who have shaped debates in Eastern Europe and whose work is now stimulating much discussion in China, as well as representatives of a younger generation of economists, sociologists, and political scientists writing on the basis of field research recently conducted in factories, cities, and villages in China and Eastern Europe. The contributors are: Wlodzimierz Brus, Walter D. Connor, Zhiren Lin, Victor Nee, Susan Shirk, David Stark, Ivan Szelenyi, and Martin King Whyte. An introductory essays surveys recent theories and research on state socialism and outlines a new institutional perspective for understanding the dilemmas of partial reforms, the political cycles of reform and retrenchment, and the role of subordinate groups in stimulating changes outside the state sector.

Book Opportunities for Economic Development in Michigan s Upper Peninsula

Download or read book Opportunities for Economic Development in Michigan s Upper Peninsula written by United States. Department of the Interior and published by . This book was released on 1962 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economics of Multi plant Operation

Download or read book The Economics of Multi plant Operation written by Frederic M. Scherer and published by Harvard University Press. This book was released on 1975 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economics of multi-plant operation of manufacturing firms in national industries, analyzing the experience of twelve industries in West Germany, France, the United Kingdom, Sweden, Canada, and the United States.

Book U S  Programs and Facilities Designed to Support Exports

Download or read book U S Programs and Facilities Designed to Support Exports written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on International Finance and published by . This book was released on 1978 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Small Firm Dynamism in East Asia

Download or read book Small Firm Dynamism in East Asia written by Farrukh Iqbal and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia experienced strong economic growth at greatest risk, that too would be useful for strategy formulation purposes, especially in cases in the 1970s with the help of high oil prices, a where employment protection is an important period of stagnation in the 1980s when oil prices declined and another period of strong economic objective. Finally, to the extent that policies can growth after 1986 when substantial trade and alter the probability ofsuccess or failure in coping investment liberalization enabled a dramatic with shocks, it would be useful to know which of policies is most effective and under what surge in labor-intensive manufacturing export set production. Recently, the regional financial crisis conditions. of 1997-1998 dealt Indonesia a severe shock The recent crisis in East Asia provides an from which it has not yet fully recovered. How opportunity to examine the link between industrial structure and economic resilience. The relative have its SMEs done through the twists and turns of the economy in the past quarter century? impact of the crisis by size of firm can be judged Unfortunately, the data needed to track the per in part by the effects on capacity utilization and formance of the SME sector are not as good for employment. The table below summarizes some Indonesia as for many of the other countries in results from a survey sponsored by the World East Asia.

Book Prevention of Dust Explosions in Grain Elevators

Download or read book Prevention of Dust Explosions in Grain Elevators written by United States. Department of Agriculture. Office of the Special Coordinator for Grain Elevator Safety and Security and published by . This book was released on 1980 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: