Knowledge sharing between employees has long been viewed as a major driver of firm productivity growth, and has commonly been measured by productivity spill-overs within firms.
The primary goal of this paper is to efficiently recover consistent markups from firm-level production technology under cost minimization settings in order to document the relationship between unobserved idiosyncratic productivity shocks and endogenous markups.
In many experimental contexts, whether and how network interactions impact outcomes of both treated and untreated individuals are key concerns. Networks data is often assumed to perfectly represent the set of individuals who might be affected by these interactions.
Can large-scale peer interaction foster entrepreneurship and innovation? Vega-Redondo et al. (2019) conducted an RCT involving almost 5,000 entrepreneurs from 49 African countries.
Lemos and Scur (2019) investigate how implicit contracts between firm managers and employees are linked to the adoption of productivity-enhancing organizational practices.
Czura, Menzel and Miotto (2019) conducted a randomised controlled trial (RCT) on a sample of 1,000 female garment workers in three factories in Bangladesh, offering access to free sanitary pads at work to 500 of the workers.
The shift from subsistence to commercial economies creates surplus, but often induces conflict over it. Under extractive institutions and weak contract enforcement, crony capitalism may emerge and limit the benefits of modernization.
