Productivity or unexpected demand shocks: what determines firms' investment and exit decisions?

DOI10.1111/IERE.12354MaRDI QIDQ5224964zbMATHOpenAlexWikidataFDO

Authors Pradeep Kumar, Hongsong Zhang

Publication date 25 July 2019

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/iere.12354

zbMATH Keywords

productivitycapital investmentunexpected demand shocks

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Recommendations

• Investment under uncertainty: the nature of demand shocks and the expected profitability of capital
• Productivity shocks and employment: evidence from U. S. industrial data
• Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence.
• The relationship between inventory investment and total factor productivity growth
• Uncertainty and Investment Dynamics

Cites work

• scientific article; zbMATH DE number 44978 (Why is no real title available?)
• scientific article; zbMATH DE number 1538089 (Why is no real title available?)
• Demand fluctuations in the ready-mix concrete industry
• Entry, Exit, and firm Dynamics in Long Run Equilibrium
• Estimating Production Functions Using Inputs to Control for Unobservables
• Firm Turnover in Imperfectly Competitive Markets1
• Identification properties of recent production function estimators
• R\&D and productivity: estimating endogenous productivity
• Selection and the Evolution of Industry
• The Dynamics of Productivity in the Telecommunications Equipment Industry
• The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
• The role of firm factors in demand, cost, and export market selection for Chinese footwear producers
• Uncertainty and Investment Dynamics

Cited in

(2)

• Product market competition and earnings exposure to productivity shocks
• How to escape a declining market: capacity investment or exit?

This page was built for publication: Productivity or unexpected demand shocks: what determines firms' investment and exit decisions?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5224964)