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Wage Centralization, Union Bargaining, and Macroeconomic Performance

McHugh, James - 2002

This paper addresses two questions. First, under what circumstances will a centralized wage-bargaining system offer higher output and employment than a decentralized system? Second, what is the relationship between the degree of wage centralization and inflation? The paper argues that...

Persistent link: https://www.econbiz.de/10014399569

Trade, productivity and (mis)allocation

Berthou, Antoine; Chung, Jong Hyun; Manova, Kalina; … - 2020

productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …

Persistent link: https://www.econbiz.de/10012301837

Global declining competition

Díez, Federico; Fan, Jiayue; Villegas-Sánchez, Carolina - 2019

Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm markups during 2000- 2015. Second, the markup...

Persistent link: https://www.econbiz.de/10012019850

Unionization and Strategic Trade Policy

Swagel, Phillip - 2000

This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the...

Persistent link: https://www.econbiz.de/10014399876

European Productivity, Innovation and Competitiveness : The Case of Italy

Tiffin, Andrew - 2014

sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …

Persistent link: https://www.econbiz.de/10014411220

Structural changes in Japanese firms : business dynamism in an aging society

Hong, Gee Hee; Ito, Arata; Saito, Yukiko Umeno; Anh Thi … - 2020

The COVID-19 pandemic has posed a serious threat to the survival of Japanese firms, highlighting the importance of understanding how and why firms exit. In this paper, we use a rich firm-level dataset of Japanese firms to document how firm exit patterns have evolved between 2007 and 2017. Firm...

Persistent link: https://www.econbiz.de/10012302043

Death and taxes : does taxation matter for firm survival?

Cevik, Serhan; Miryugin, Fedor - 2019

This paper investigates the impact of taxation on firm survival, using hazard models and a large-scale panel dataset on over 4 million nonfinancial firms from 21 countries over the period 1995-2015. We find ample evidence that a lower level of effective marginal tax rate improves firms' survival...

Persistent link: https://www.econbiz.de/10012019820

Competition and Firm Productivity : Evidence From Firm-Level Data

Schiffbauer, Marc - 2010

This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations … competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more … pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to …

Persistent link: https://www.econbiz.de/10014402818

Firm Productivity, innovation and Financial Development

Verdier, Geneviève - 2010

How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial … sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm … performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the …

Persistent link: https://www.econbiz.de/10014404309

No extension without representation? : evidence from a natural experiment in collective bargaining

Hijzen, Alexander; Martins, Pedro S. - 2016

In many countries, notably across Europe, collective bargaining coverage is enhanced by government-issued extensions that widen the reach of collective agreements beyond their signatory parties to all firms and workers in the same sector. This paper analyses the causal impact of such extensions...

Persistent link: https://www.econbiz.de/10011711799