A common practice in applied economics research consists of replacing a suspected
simultaneously determined explanatory variable with its lagged value. This note …

Melitz's dynamic model of export participation is the basis of our empirical specification that
accounts for a wide range of internal and external factors affecting the export behaviour of …

Enterprises were shown to increase excess capacity more cost-effectively owing to
technological improvements in the United States. However, technological backwardness is …

This paper focuses on the impact of high-speed rail (HSR) on the enterprise capacity
utilization. Based on the data of China's listed companies, the capacity utilization rate is …

Artificial intelligence (AI) is a cost‐efficient innovation that challenges customers'
consumption patterns and fears of uncertainty. This study assesses whether the likelihood …

Purpose–The study aims to shed light on how to identify drivers of sustainable competitive
advantage under a turbulent and uncertain environment, one of the most crucial challenges …

For many years, there was an unanswered theoretical question among Post-Keynesian
scholars: What's the behaviour through time of capacity utilisation after an aggregate …

This article investigates whether and how outward foreign direct investment (OFDI) affects
the industrial overcapacity in China. Using the panel data of eight overcapacity industries …

Recent contributions have mentioned the possibility of a declining trend in capacity
utilization in the US since the 1970s. However, no consensus has emerged on the empirical …

Why did the Phillips curve gradually flatten since the 1960s, and what explained its sudden
steepness in the goods sector during the COVID-19 pandemic? Firms face capacity …