Mis-allocation within firms: internal finance and international trade

Mis-allocation within firms: internal finance and international trade

BIS Working Papers | No 1030 | 14 July 2022by Sebastian Doerr, Dalia Marin and Davide SuveratoPDF full text (799kb) | 72 pagesSummaryFocusAre conglomerate firms highly productive? Or do they suffer from internal quarrels and squander investment opportunities? An established observation in the trade literature is that conglomerate firms are more productive than single-product firms.

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