🦜 Business Economics
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Business Economics
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Ports, Technology and Inter-City Trade: The Economics and Geopolitics of Evolving Maritime Transport Networks
https://d.repec.org/n?u=RePEc:rco:dpaper:579&r=&r=bec
Published: July 2, 2026 00:00
Maritime transport remains the backbone of global trade, yet the port and shipping network that carries it has been transformed by containerization and related technological advances. Drawing on newly available granular data—digitized historical shipping…
Old and new jobs: Understanding wage formation, sorting and firm behavior
https://d.repec.org/n?u=RePEc:hhs:ifauwp:2026_014&r=&r=bec
Published: July 1, 2026 00:00
This paper studies hiring and wage setting in new jobs. Using Swedish matched employer-employee data covering 1.7 million new hires, I show that entrants into occupations new to the firm have more labor market experience and are more likely to be hired…
A New Look at AI's Impact on Jobs: Firm-Level AI Spending and Workforce Adjustment
https://d.repec.org/n?u=RePEc:epv:wpaper:ramp-ai-jobs-2026&r=&r=bec
Published: June 30, 2026 00:00
We study how employment changes when firms adopt generative AI using observed AI spending from Ramp card and bill pay data linked to Revelio Labs workforce records for 21, 559 firms in the United States. We find that companies that adopt AI tend to grow…
Declining and diverging investment responsiveness to firm productivity
https://d.repec.org/n?u=RePEc:oec:ecoaac:40-en&r=&r=bec
Published: June 30, 2026 00:00
Business investment has weakened across OECD economies in recent decades. Using firm-level data for 17 OECD countries over 2003–2022, this paper documents a marked decline in the responsiveness of tangible investment to firm productivity following the…
Does Informal Competition Reduce Firm-Provided Worker Training among Formal Manufacturing SMEs in Sub-Saharan Africa ?
https://d.repec.org/n?u=RePEc:wbk:wbrwps:11420&r=&r=bec
Published: June 29, 2026 00:00
This paper investigates the impact of informal competition—defined as competition faced by formal firms from informal enterprises—on the firm-provided worker training among formal manufacturing small and medium-sized enterprises. Using a representative…
Productivity Dynamics of Mergers, Acquisitions and Restructuring
https://d.repec.org/n?u=RePEc:rif:wpaper:142&r=&r=bec
Published: June 18, 2026 00:00
Abstract A substantial share of firm entry and exit observed in register-based data reflects mergers, acquisitions, spin-offs, and other forms of corporate restructuring, instead of genuinely new firms or firm closures. This distinction is important for…
What happens in Paris, does not stay in Paris: trade fairs and search and matching frictions
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2192&r=&r=bec
Published: June 10, 2026 00:00
Search and matching frictions prevent firms from forming international trade linkages. Despite trade fairs being a common and often subsidized tool to overcome these frictions, we lack causal evidence on how they facilitate link formation. We exploit a…
Plastic dumping grounds: the international incidence of environmental regulation
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2191&r=&r=bec
Published: June 3, 2026 00:00
Can environmental regulation reduce pollution globally, or does it merely shift environmental burdens across countries? We study China's 2017 ban on plastic waste imports, which abruptly closed the world's largest destination market for plastic waste…
Sticky Prices and Constraints to Produce
https://d.repec.org/n?u=RePEc:pen:papers:26-007&r=&r=bec
Published: May 28, 2026 00:00
We study whether firms in medium-scale New Keynesian models would voluntarily satisfy demand at their posted prices, or whether nominal rigidities may push prices below marginal costs. In the Altig et al (2011) framework, which features full indexation of…
Multiproduct Multimarket Price Competition under Capacity Constraints
https://d.repec.org/n?u=RePEc:tor:tecipa:tecipa-821&r=&r=bec
Published: May 22, 2026 00:00
Capacity constraints are central to oligopoly competition in many industries, yet existing multiproduct Bertrand theory does not characterize equilibrium when capacity binds across markets. We establish existence and uniqueness of Bertrand–Nash…
Returns to green tasks in Europe: evidence from online job vacancies
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2184&r=&r=bec
Published: May 21, 2026 00:00
Do the determinants of technology adoption depend on technological architecture? Using administrative data on Turkish firms from 2021 to 2024, we compare the adoption of traditional and generative artificial intelligence (GenAI).We show that GenAI adoption…
Should we stay or should we go? Firms’ decision on services mode of supply
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2182&r=&r=bec
Published: May 15, 2026 00:00
Services account for one-third of global trade, yet little is known about the impact of trade restrictions on services trade. To make progress in this area, it is crucial to understand through which modes services are traded (cross-border, consumption…
Mind the break-up: when policy disrupts firms' supply chains
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2183&r=&r=bec
Published: May 15, 2026 00:00
This paper examines how policy-induced supply-chain shocks affect firms' performances, using the UK-EU Trade and Cooperation Agreement (TCA) as a source of exogenous variation. Using UK microdata on firm-level goods and services trade linked to firm's…