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Green innovations and organisational change: making better use of environmental technology

Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2012

The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of … technologies and that joint adoption leads to higher productivity. Without having introduced complementary organizational … innovations, the adoption of CO2 reducing technologies is associated with lower productivity. …

Persistent link: https://www.econbiz.de/10011084545

Does access to credit improve productivity? Evidence from Bulgarian firms

Gatti, Roberta; Love, Inessa - C.E.P.R. Discussion Papers - 2008

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

Rising Trade Costs? Agglomeration and Trade with Endogenous Transaction Costs

Duranton, Gilles; Storper, Michael - C.E.P.R. Discussion Papers - 2005

While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.

Persistent link: https://www.econbiz.de/10005504426

Inequality of Earnings

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999

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

Organizing the Global Value Chain

Antràs, Pol; Chor, Davin - C.E.P.R. Discussion Papers - 2012

We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...

Persistent link: https://www.econbiz.de/10011083351

Intellectual Property Rights and Efficient Firm Organization

Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012

I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...

Persistent link: https://www.econbiz.de/10011084191

Information and the Optimal Ownership Structure of Firms

Matouschek, Niko - C.E.P.R. Discussion Papers - 2002

I develop a property rights theory of the firm in which managers bargain over the sharing of quasi-rents in the presence of private information. I analyse the interdependence between the ownership structure of firms and the bargaining inefficiency that is due to the presence of private...

Persistent link: https://www.econbiz.de/10005662109

Determinants of Expropriation in the Oil Sector: A Theory and Evidence from Panel Data

Guriev, Sergei; Kolotilin, Anton; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2008

In this paper we study nationalizations in the oil industry around the world in 1960-2002. We show, both theoretically and empirically, that governments are more likely to nationalize when oil prices are high and when political institutions are weak. We consider a simple dynamic model of the...

Persistent link: https://www.econbiz.de/10005662343

Global Sourcing

Antràs, Pol; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2004

. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral … different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …

Persistent link: https://www.econbiz.de/10005788904

Sequential Investments and Options to Own

Nöldeke, Georg; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 1997

This paper analyses the investment incentives given by contingent ownership structures that are prevalent in joint ventures. We consider a variation of the standard hold-up problem where two parties make relationship-specific investments sequentially in order to generate a joint surplus in the...

Persistent link: https://www.econbiz.de/10005791993