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This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012831402
, with productivity in Southern Europe going into reverse. This paper analyzes which factors - whether country-level or firm …Between 2003 and 2008 productivity patterns diverged between the fast growing, newest members of the European Union and …-specific ones - contributed more to the emergence of a three-speed Europe. The analysis combines firm-level data with country …
Persistent link: https://www.econbiz.de/10013043123
countries outside Europe.The empirical findings on the importance of institutions are robust to various measures of output …
Persistent link: https://www.econbiz.de/10012982916
Productivity performance in European countries has been a policy concern for some time. This paper shows that … productivity can be enhanced by product market policies which, by increasing competition and efficiency, facilitate higher rates of … churning, in turn, appears to be positively related to higher total factor productivity at the sector level by facilitating the …
Persistent link: https://www.econbiz.de/10012858445
We use an industrial organisation approach to quantify the size of Total Factor Productivity Growth (TFPG) for euro … period. In addition, we observe that Total Factor Productivity growth for the median euro area bank decreased from around 2 …. Given the need to boost productivity and enhance profitability in the euro area banking sector, these findings suggests that …
Persistent link: https://www.econbiz.de/10013315354
Network (CompNet). The new database provides information on the distribution of labour productivity, TFP, ULC or size of firms …, within each industry, but also their joint analysis with the productivity of the firm provides critical insights to both … productivity developments and its drivers. For instance, by using covariances between productivity and employment the paper shows …
Persistent link: https://www.econbiz.de/10013026277
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10013316261
to have higher profit margins and lower productivity, as often the case in sheltered sectors …
Persistent link: https://www.econbiz.de/10012954407
total factor productivity are particularly important, while inward FDI matters rather than domestic investment. Price …
Persistent link: https://www.econbiz.de/10012950748
for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model …
Persistent link: https://www.econbiz.de/10013089240