Plant exit, vintage capital and the business cycle

Article Abstract:

A study comparing the predictions from learning models, which state that plant exit rates decreases with plant age, with the predictions from vintage capital theory, which states that plant exit rates increase with age of capital, is presented. The study is based on Norwegian manufacturing plants. It is concluded that exit rates depend on business cycle.

Forecasts, trends, outlooks, Personnel administration, Norway, Plant Closing Procedures, Analysis, Usage, Forecasts and trends, Market trend/market analysis, Learning models (Stochastic processes), Plant shutdowns, Business cycles, Stochastic models, Downsizing

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Patents, firm size and financial constraints: an empirical analysis for a panel of Italian manufacturing firms

Article Abstract:

Empirical evidence is used in a study to examine whether financial constraints affect a manufacturing company's ability to take up innovations and patent them.

Patents & copyrights, Innovations, Intellectual property

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Lower bound estimation - quantile regression and simplex method: an application to Italian manufacturing sectors

Article Abstract:

Major investments in advertising and research and development contribute to the success of Italian manufacturing companies.

Science & research, Research, Industry Overview, Business success

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