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The paper investigates the relationship between employment protection legislation (EPL hereafter) and labour productivity growth in the EU in the context of the Great Recession. We consider the crisis and recovery periods, evaluate the relevance of both levels and changes in EPL for productivity...
Persistent link: https://www.econbiz.de/10013259541
This chapter provides a review of the existing literature on the effects of employment protection legislation (EPL) on job allocation across industries, firms, and workers, and its implications for innovation and economic growth. We analyze empirical studies to assess how EPL influences resource...
Persistent link: https://www.econbiz.de/10015084365
A large number of studies have shown that contribution of exporters to economic growth and development is much higher than non-exporting firms. This evidence has lead governments to improve their trade policies in order to increase foreign exposure of firms. However, improvements in trade...
Persistent link: https://www.econbiz.de/10012551520
I develop an equilibrium-matching model with job rationing and endogenous layoffs in order to investigate whether the composition of unemployment (rationing versus frictional) influences the way firing costs affect employment. The model suggests that firing costs lead to a strong adverse...
Persistent link: https://www.econbiz.de/10015175389
Sustainability has become an imperative. Understanding the effects of countries' policies thereon has therefore acquired vital importance. This is particularly the case with ubiquitous policies such as investment promotion. In this paper, we address this timely policy question from an...
Persistent link: https://www.econbiz.de/10014540283
For several decades, multinational enterprises (MNEs) have offshored their manufacturing activities to low-cost countries to achieve significant productivity gains. However, changes in the relative competitiveness of countries, social effects of deindustrialization in advanced economies and the...
Persistent link: https://www.econbiz.de/10014636017
Foreign direct investment (FDI) in advanced business services (ABSs), referred to here as the offshoring of white …
Persistent link: https://www.econbiz.de/10012519954
the organisational learning theory, we conduct regression analysis based on data from 394 subsidiaries of new Polish …
Persistent link: https://www.econbiz.de/10012800370
Ignoring strategic interactions among final goods producers, the extant theoretical literature shows that lower costs of imported inputs increase the exports of the final goods using those inputs. Hence, it does not explain the empirically relevant positive relationship between the costs of...
Persistent link: https://www.econbiz.de/10014420158
offshoring) and skill-biased technological change (represented by the intensity of investments in intangible capital) impact the … the panel data indicates that offshoring has a negative impact on the employment share of low- and medium-skilled labor … offshoring strikes low-skilled labor hardest. Furthermore, it has been confirmed that the increasing intensity of investment in …
Persistent link: https://www.econbiz.de/10015400754