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Working Paper
An alternative theory of the plant size distribution with an application to trade
Stevens, John J.; Holmes, Thomas J.
(2010)
There is wide variation in the sizes of manufacturing plants, even within the most narrowly defined industry classifications used by statistical agencies. Standard theories attribute all such size differences to productivity differences. This paper develops an alternative theory in which industries are made up of large plants producing standardized goods and small plants making custom or specialty goods. It uses confidential Census data to estimate the parameters of the model, including estimates of plant counts in the standardized and specialty segments by industry. The estimated model fits ...
Finance and Economics Discussion Series
, Paper 2010-30
Journal Article
Industrial production
anonymous
(1974-12)
Federal Reserve Bulletin
, Issue Dec
, Pages 805-816
Working Paper
Outsourcing business service and the scope of local markets
Ono, Yukako
(2001)
This paper examines outsourcing to test whether productivity-enhancing specialization is facilitated in bigger cities. First, the paper provides a theoretical model which shows that greater local demand for a given input promotes the entry of suppliers into a city; the increased number of suppliers then results in lower outsourcing prices and a higher use of outsourcing by final producers, therefore reducing the final producers' production costs. I then test the predictions of the model by examining manufacturing plants' practices of outsourcing business services, by using plant-level data ...
Working Paper Series
, Paper WP-01-09
Journal Article
Industrial production and capacity utilization: a revision
Raddock, Richard D.
(1995-01)
Federal Reserve Bulletin
, Issue Jan
Journal Article
Regional productivity growth and plant-level dynamics
Lee, Yoonsoo
(2007-10)
The mix of companies in the economy is always changing. The more-productive ones expand, and the less-productive ones are driven out of the market, freeing resources such as labor and capital for new ventures. This reallocation contributes more to aggregate productivity growth than the productivity gains achieved by individual businesses. The efficiency with which the process takes place is a key factor affecting rates of productivity growth in different regions and explaining why they differ.
Economic Commentary
, Issue Oct
Journal Article
Industrial production and capacity utilization annual revision and 1997 developments
Raddock, Richard D.
(1998-02)
In December 1997, the Board of Governors published the results of an annual revision of its measures of industrial production and capacity utilization, which cover the nation's manufacturing, mining, and electric and gas utilities industries. The revision entailed primarily the incorporation of new and more comprehensive source data, the most important of which were annual figures on industry real output in 1995 and survey information on industry utilization rates for the fourth quarters of 1995 and 1996. The revised measures show stronger growth of production and capacity and lower rates of ...
Federal Reserve Bulletin
, Issue Feb
Journal Article
Trade conference explores U.S.–Mexico 'common bonds'
Gilmer, Robert W.; Coronado, Roberto; Cañas, Jesus
(2011-01)
The El Paso Branch of the Federal Reserve Bank of Dallas held a daylong conference, ?U.S.?Mexico Manufacturing: Common Bonds,? in November 2010 to assess the future of U.S.?Mexico trade in manufactured goods following the global recession. Speakers reviewed the prospects for bilateral trade and Mexico?s maquiladora plants, which typically take inputs from the U.S. and assemble them into products for export back to the U.S.
Southwest Economy
, Issue Q1
, Pages 16-19
Journal Article
Recent business developments
anonymous
(1939-06)
Federal Reserve Bulletin
, Issue Jun
, Pages 455-461
Journal Article
Industrial production and prices
anonymous
(1965-01)
Federal Reserve Bulletin
, Issue Jan
, Pages 1-12
Journal Article
Current level of economic activity
anonymous
(1940-02)
Federal Reserve Bulletin
, Issue Feb
, Pages 81-88
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