COMPNET-EBRD WORKSHOP ON LOCALISATION AND PRODUCTIVITY
London, England, 8-9 October 2018
Localisation can be described as organising business or industry in local areas rather than nationally. It is a type of external economy of scale that translates into productivity gains for companies that are located close to each other. Such productivity-enhancing externalities arise from input sharing, a common labour market, knowledge spillovers, and high-quality infrastructure.
The aim of the next workshop of the Competitiveness Research Network (CompNet) at the European Bank for Reconstruction and Development (EBRD) is to dig deeper into localisation economies and associated productivity gains.
The increasing availability of new cross-border databases at the firm level, e.g. the CompNet dataset, and of micro-level databases at the firm and individual levels creates the opportunity to analyse localisation economies in novel settings. Consequently, we are especially looking for researchers interested in presenting their work based on such databases.
We also want to encourage researchers to submit papers taking different perspectives on localisation. On the one hand, a firm’s decision to locate in a certain area can affect its exposure to localisation economies and be driven by existing policies and the local competitive environment. On the other hand, strategic interactions between firms may have implications on local labour markets and the ability of local infrastructure to cope. We are interested in understanding how localisation can help aggregate productivity growth as well as identifying the potential pitfalls for policy.
The workshop will be divided into three sessions with each of them addressing a different dimension of localisation economies: innovation, global value chains and migration. Consequently, we are looking for papers addressing localisation economies in the context of at least one of these three main topics.
Innovation – This session is dedicated to the links and relationships between localisation, innovation, management practices, and productivity. Are companies more likely to innovate or adopt industry-best management practices in localised economies? When does the adoption of new technologies and production processes lead to more productivity gains? Do innovation spillovers occur through mobility of inventors and managers, or does local product market competition play a bigger role? Is productivity of domestic firms, especially SMEs, enhanced by FDI spillovers in the context of geographical proximity? Are there any different influences of distance decaying effects from FDI in services and FDI in manufacturing on domestic firm’s productivity? Does social and economic network matter to innovation and technical change?
Global value chains – Localisation economies play a big role across the whole value chain and especially in helping original equipment manufacturers increase their scale. How can local agglomeration help suppliers move higher up in their contribution to value added? Should
policy focus on horizontal policies such as the quality of infrastructure that affects all firms similarly, or is there room for more targeted policy-making?
Migration – This session will explore insights on how local geography, cities, infrastructure and economies of agglomeration affect or are affected by internal and external migration. How can companies best leverage human capital in cities with different levels of population density and composition of skills? What are the best ways to equip cities for absorbing internal and external migrants? Can local geography and urban development explain variations in productivity and incomes?
Beata Javorcik (University of Oxford) already confirmed her participation.
For more details, please see the workshop program
BANK OF ITALY/CEPR WORKSHOP ON "FIRM DYNAMICS AND ECONOMIC GROWTH"
Rome, December 19-20, 2018
Deadline for submissions: July 31st, 2018
Firm dynamics – the processes of firm entry, exit, survival and growth, is at the root of creative destruction, input accumulation, and productivity growth. The large theoretical literature on this topic has been recently coupled with empirical analyses that exploit the increasing availability of large micro-level databases on private businesses and individuals. This workshop aims at bringing together leading researchers that are contributing both theoretically or empirically to the study of firm and industry dynamics, their determinants, and the policies aimed at fostering them.
We welcome papers broadly related (but not limited) to the following aspects:
Keynote speakers: Ufuk Akcigit (University of Chicago and CEPR) and Gian Luca Clementi (NYU – Stern)
Workshop organisers: Salomé Baslandze (EIEF and CEPR), Francesca Lotti (Bank of Italy), Francesco Manaresi (Bank of Italy), Luigi Marengo (LUISS).
Paper submissions: Papers (or extended abstracts) should be submitted through Conference Maker® at http://editorialexpress.com/conference/BICEPR_firmdyn/ no later than by July 31st, 2018. Decisions will be notified by early September.
The Bank of Italy will cover accommodation expenditures for the presenters.
When: March 18-19, 2019
Where: EIB Headquarters – 98-100 Konrad Adenauer, Luxembourg
Organising committee: Filippo di Mauro (CompNet) firstname.lastname@example.org
Romain Duval (IMF) email@example.com
Debora Revoltella (EIB) firstname.lastname@example.org
Scientific committee: Pedro De Lima (EIB), Romain Duval (IMF), Filippo Di Mauro CompNet), Reint Gropp (IWH), Sergei Guriev (EBRD), Gianmarco Ottaviano (Bocconi), Debora Revoltella (EIB), and Jan Svejnar (Columbia University)
Comfirmed participants: Ufuk Akcigit, Sergei Guriev, Marc Melitz, Gianmarco Ottaviano, Thomas
Philippon, Jan Svejnar
From Micro to Macro: Market Power, Firms’ heterogeneity and Investment
In the last decades the global economy witnessed several secular macroeconomic trends including a slowdown of aggregate output growth, persistently low investment rates, declining labor shares and rising inequality. The causes for these trends, although intensively debated, remain uncertain.
Against this backdrop, we ask whether and to what extent the rising market power of certain firms and, more broadly, the heterogeneity at the firm level, matter for these aggregate outcomes. How have market power and competition among firms changed over time? How do input and output market structures, and particularly their effects on misallocation and innovation, affect economywide productivity growth, inequality, factor compensation and welfare? What does the presence of “superstar” firms imply for aggregate outcomes and the political economy? How do international competition and technological change affect market power, inequality, investment decisions and aggregate productivity growth? Is market selection at the product/firm level functioning? If not,
what are the obstacles to it and what are the implications for macro level outcomes, notably for investment? Do concentration and market power have a significant impact on investment decision of firms and on aggregate investment?
The Competitiveness Research Network (CompNet), the European Network for Research on
Investment (ENRI) and the IMF are jointly calling for papers tackling one or more of these themes. More specifically, we seek original academic work with strong policy relevance on the following topics:
• Market power in input and output markets: stylized facts, drivers and static and dynamic
implications for misallocation, innovation, productivity and growth
• Industrial concentration, market power and investment: firm-level impact and consequences for the aggregate economy
• Firm size and growth
• Firm entry, exit, and market selection
• Firm-level drivers of declining labor shares and rising inequality
• Firm-level drivers of low investment rates
• Dynamic measures of market power and misallocation
• Competition, globalization, and efficient resource (re)allocation between firms.
The organising committee is soliciting papers in the areas outlined above. Preference will be given to papers that have a significant empirical content and/or those with direct policy relevance.
Submissions and important dates
Please submit papers to CompNet secretariat: email@example.com and ENRI secretariat: firstname.lastname@example.org by 15 December 2018. Extended abstracts will also be accepted but preference will be given to full drafts. Only authors of accepted papers will be notified of the decision, which will be communicated by 18 January 2019. Final drafts will be due by 22 February 2019. Financial support will be provided to cover speakers’ travel and hotel expenses.
PRODUCTIVITY, CORPORATE GOVERNANCE and RISK MANAGEMENT in the “DIGITAL AGE”
September 3-4, 2018, NUS Business School, Singapore
To explore questions in these emerging areas of academic and policy research, PRN is organising its third technical workshop next September 3-4, 2018 at the NUS Business School in Singapore. The workshop – cosponsored by the Centre for Asset Management Research & Investments (CAMRI), the Centre for Governance, Institutions & Organisations (CGIO), the Asian Development Bank Institute (ADBI) and the Asian Bureau of Finance and Economic Research (ABFER) – is intended to allow regional researchers to learn about existing applied work focusing particularly on the Asia-Pacific region and generate research spill-overs and potential collaborations. The workshop is expected to provide an opportunity to discuss how the Productivity Research Network (PRN) can provide an impetus for enhancing data collection within the region, aimed at allowing the development of solid research and policy analyses.
Associate Professor Kalina MANOVA, University College London will be holding a key-note address.
There will be only very limited financing available to attend the Workshop, and participants are expected to take care of their own travel and accommodation expenses. ABFER will host a dinner for the participants on 3rd September 2018.
Access to the full program here.