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Productivity Analysis: A Micro-to-Macro Perspective
Carlsson, Bo - Institutet för Näringslivsforskning (IFN) - 1987
on aggregate production functions. With the help of a micro- (firm-)based macro simulation model it is shown if there are … important differences among firms in economic competence, here represented by efficiency and investment behavior, the … relationships between investment, productivity, and economic growth are much more complex and unpredictable than commonly assumed …
Persistent link: https://www.econbiz.de/10011019067
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No teens, no tech : how shortages of young workers hinder firm technology investments
Lipowski, Cäcilia - 2024
Firms in developed countries face increasing shortages of young workers. This paper studies the importance of young workers, particularly vocational trainees, for firm technology investments. Leveraging exogenous variation in trainee supply caused by an education reform in Germany in 2001, I...
Persistent link: https://www.econbiz.de/10015125220
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No teens, no tech : how shortages of young workers hinder firm technology investments
Lipowski, Cäcilia - 2024
Firms in developed countries face increasing shortages of young workers. This paper studies the importance of young workers, particularly vocational trainees, for firm technology investments. Leveraging exogenous variation in trainee supply caused by an education reform in Germany in 2001, I...
Persistent link: https://www.econbiz.de/10015271321
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Key factors behind productivity trends in EU countries
2021
The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in the countries of the European Union (EU) and of the interplay between productivity and monetary policy. To this end, a group of experts from 15 national central banks and the...
Persistent link: https://www.econbiz.de/10012627152
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Digitalisation and productivity : gamechanger or sideshow?
Anderton, Bob; Botelho, Vasco; Reimers, Paul - 2023
share of investment in digital technologies will exhibit a faster rate of TFP growth, but not all firms and sectors …. Overall, firms should not regard digital investment as a 'one-size-fits-all' strategy to improve their productivity. Digital …
Persistent link: https://www.econbiz.de/10014230393
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Induced innovation : evidence from China's secondary industry
Fleisher, Belton M.; McGuire, William; Wang, Xiaojun; … - 2020
We investigate the effect of rising labor costs on induced technological change in China's secondary industry. While previous studies have focused primarily on induced technology change in agriculture and in energy production/environmental protection, there has been little evidence relating to...
Persistent link: https://www.econbiz.de/10012194205
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Not your average firm : a quantile regression approach to the firm level investment
Sündal, Doguhan - 2021
The large majority of the work published on firm investment is done in the neoclassical frame of a rational optimizing … firm attempting to achieve optimal size. While this frame addresses one important consideration in firm investment, it has … cashflows are affecting the firm investment decisions. Second, the standard approach operates on an "average firm," which in …
Persistent link: https://www.econbiz.de/10012581594
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Impact of technology investment on firm's production efficiency factor in manufacturing
Novotná, Martina; Volek, Tomáš; Rost, Michael; … - In: Journal of business economics and management 22 (2021) 1, pp. 135-155
increase of labour intensity. On the contrary, the influence of investment growth was insignificant on the indicators of …
Persistent link: https://www.econbiz.de/10012505608
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Broadband and productivity : structural estimates for Germany
Duso, Tomaso; Nardotto, Mattia; Schiersch, Alexander - 2021
We study the impact of broadband availability on firms’ total factor productivity (TFP) using German firm-level data between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 two-digit manufacturing and service sectors. Over...
Persistent link: https://www.econbiz.de/10012793222
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Automation, economic growth, and the labor share - a comment on Prettner (2019)
Heer, Burkhard; Irmen, Andreas - 2019 - This Version: June 24, 2019
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital. Traditional capital and labor are imperfect substitutes...
Persistent link: https://www.econbiz.de/10012031062