Faithin Omaha eBook Collection

Download or read book Essays on Firm Behavior and Productivity written by Andrea Petrella and published by . This book was released on 2017 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates different aspects of firm behavior. In the first chapter I study if the quality of civil justice affects the firms' participation to Global Value Chains. I find that firms subject to less efficient courts are less likely to supply customized intermediate inputs to foreign firms. In the second chapter I analyze the impact of credit supply shocks on aggregate productivity. I find that a credit restriction depresses firm-level productivity growth. At the same time, aggregate productivity is sustained by the reallocation of resources towards more efficient firms. In the third chapter I study the determinants of the productivity advantage of firms located in urban areas. Results show that most of the urban productivity premium is explained by the sorting of more efficient firms to cities. The rest is explained by positive agglomeration externalities specific to each city.