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Factoryless Goods Producing Firms†.

Authors :
Bernard, Andrew B.
Fort, Teresa C.
Source :
American Economic Review; May2015, Vol. 105 Issue 5, p518-523, 6p, 4 Charts
Publication Year :
2015

Abstract

This paper documents the existence and characteristics of US firms that do not manufacture themselves, but nonetheless are heavily involved in the production of goods. These factoryless goods producing firms (FGPFs) are formally in the wholesale sector but, unlike traditional wholesale firms, FGPFs design the goods they sell and coordinate production activities. FGPFs in the wholesale sector are larger and younger, pay higher wages, span more sectors and had more manufacturing employment in previous years compared to traditional wholesalers. FGPFs are more likely to import than typical wholesalers, though their imports constitute a smaller share of their total domestic activity. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00028282
Volume :
105
Issue :
5
Database :
Complementary Index
Journal :
American Economic Review
Publication Type :
Academic Journal
Accession number :
102579723
Full Text :
https://doi.org/10.1257/aer.p20151044