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In this paper, we analyze how the offshoring of services by Swedish firms is affected by corruption in target economies. The results suggest that firms avoid corrupt countries and that corruption reduces the amount of offshored services. In addition, the sensitivity to corruption is highest for...
Persistent link: https://www.econbiz.de/10012654366
This paper uses a panel of Swedish manufacturing firms to examine the effects of internal and external R&D on total factor productivity over the period 1991-2004. The findings give some support to the notion of complementarity between internal and external R&D, especially in industries with high...
Persistent link: https://www.econbiz.de/10013208587
Sweden has seen a rise in business R&D-intensities and dependence on exports to make its economy grow since the early 1990s. This paper examines the role of foreign sales in stimulating R&D as compared to a domestic sales effect, and finds, in line with the literature, that R&D rises...
Persistent link: https://www.econbiz.de/10013208586
This paper analyzes the differences in labor demand and labor turnover between family and nonfamily firms. The majority of firms in modern economies and, therefore, also in Germany are family controlled. These firms seem to have better employment performance than non-family controlled companies....
Persistent link: https://www.econbiz.de/10011705802
In this paper we provide firm-level evidence on the role of resource misallocation for total factor productivity development in Austria. We apply the indirect approach of measuring misallocation via the dispersion in marginal products within narrowly defined industries of Hsieh and Klenow (2009)...
Persistent link: https://www.econbiz.de/10014374600
We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of … persistence in geography, institutions, and colonial status, and confirmed by instrumenting past capabilities with asymmetric …
Persistent link: https://www.econbiz.de/10013467131
sign, the magnitude and the persistence of the responses of output, money, prices and interest rates. It can generate a …
Persistent link: https://www.econbiz.de/10010263230
strong persistence effects or even hysteresis effects The empirical analysis is based on G-7 quarterly output data as well as …
Persistent link: https://www.econbiz.de/10010293484
persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker's disinflation (1979-1982). My …-Volcker period. I construct a simple model of how different monetary policies lead to different persistence equilibria. …
Persistent link: https://www.econbiz.de/10010293489
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10010294519