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This paper examines if ownership control - the share of largest owner in the firm - explains the difference in the adoption of management best practices between Sub-Saharan Africa (SSA) and rest-of-the-world (ROW). Using a sample of 156,833 firms from 130 countries, of which 25,005 are in SSA,...
Persistent link: https://www.econbiz.de/10015175194
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e. the ‘control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …
Persistent link: https://www.econbiz.de/10005822686
and the role of labor hoarding as an explanation of procyclical productivity and the persistence of inventory stocks …
Persistent link: https://www.econbiz.de/10010262792
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10010286892
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …
Persistent link: https://www.econbiz.de/10010267745
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10010269407
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011744528
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10008514853