Showing 1 - 10 of 296
This paper studies procyclical productivity growth at the industry level in the U.S. and in three European countries … explain procyclical productivity. However, this correction still leaves one in three U.S. industries with procyclical … productivity. This failure of the model can also be seen in Europe and is mostly concentrated in services industries. …
Persistent link: https://www.econbiz.de/10005791211
behavior of the primal and dual productivity residuals by allowing for nonconstant returns to scale and imperfect competition …. Likewise, the presence of the quasi-fixity of capital helps to reconcile the behavior of the primal and dual productivity …
Persistent link: https://www.econbiz.de/10005067478
conditions. The model provides a step toward a theory of endogenous innovation under conditions of perfect competition. …
Persistent link: https://www.econbiz.de/10005114155
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
foreign ownership and plant productivity. To control for the possible endogeneity of the FDI decision, a difference … context, is the ability to follow the timing of observed changes in productivity and other aspects of plant performance. The … results suggest that foreign ownership leads to significant productivity improvements in the acquired plants. The improvements …
Persistent link: https://www.econbiz.de/10005791292
overdraft facility on productivity. To overcome potential omitted variable bias of OLS estimates, we use information on firms …
Persistent link: https://www.econbiz.de/10005791591
(larger cities promote interactions that increase productivity) and firm selection (larger cities toughen competition allowing … selection model and a standard model of agglomeration. Stronger selection in larger cities left-truncates the productivity … agglomeration and firm selection using French establishment-level data and a new quantile approach. Spatial productivity differences …
Persistent link: https://www.econbiz.de/10005791878
productivity of manufacturing industries relying on services inputs. The results, based on firm-level data from the Czech Republic …
Persistent link: https://www.econbiz.de/10005792056
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more …
Persistent link: https://www.econbiz.de/10005497762
unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a … affects total factor productivity growth. We do find that VC investment is positively associated with labor productivity but …
Persistent link: https://www.econbiz.de/10005136420