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advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …
Persistent link: https://www.econbiz.de/10005666892
countries have essentially scale effects which eventually trickle down on employment and productivity at home. …
Persistent link: https://www.econbiz.de/10005666691
total factor productivity and output. It also finds no significant effects on employment. These results support the view …
Persistent link: https://www.econbiz.de/10005788953
sales went up by about 80 percent; similarly, profits and productivity increased by 120 percent compared to the control …
Persistent link: https://www.econbiz.de/10011083751
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011083991
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10011084680
One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. It is widely believed that competition has a positive effect on efficiency, but the theoretical and empirical support is quite scarce. The objective of this paper...
Persistent link: https://www.econbiz.de/10005136413
A firm's productivity depends on how production is organized given the level of demand for its product. To capture this … theory, heterogeneity in demand leads to heterogeneity in productivity and other firms' outcomes. We use the theory to … and will decentralize decisions. The new organization of the average exporter results in higher productivity, although the …
Persistent link: https://www.econbiz.de/10009246600
This paper estimates the effects of the 1991 breakups of Czechoslovak state-owned enterprises (SOEs) on subsequent performance of the master enterprises and the spin-off units. The analysis is based on quarterly and annual data of Czechoslovak industrial enterprises. We estimate the performance...
Persistent link: https://www.econbiz.de/10005114331
This paper analyzes the effect of having a large gap in firing costs between permanent and temporary workers in a dual labour market on TFP development at the firm level. We propose a simple model showing that, under plausible conditions, both temporary workers' effort and firms' temp-to-perm...
Persistent link: https://www.econbiz.de/10011083282