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On 12 June and 9 September 2008 the EESC Labour Market Observatory organised two hearings on "Sustainable Productivity …
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We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing … firms. Uncertainty measures are derived from firms’ subjective qualitative expectations. They are close to their theoretical … investment, while price uncertainty is insignificant. This is consistent with the behavior of monopolistic firms with …
Persistent link: https://www.econbiz.de/10009639401
Capital quality improvement is a general phenomenon. Therefore quality correction is needed in price indexes. There is substantial evidence of biases in the official price indexes of capital equipment. We apply to euro area statistics estimates of these biases based on US data thus deriving...
Persistent link: https://www.econbiz.de/10009639422
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks operating in the European Union. We find that reductions...
Persistent link: https://www.econbiz.de/10009640329
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10009640405
The objective of this study is to contribute to an ongoing background analysis, building on work already carried out within and outside of the European Commission with respect to engagement in the garment sector to support sustainability in the garment industry. The analysis will essentially...
Persistent link: https://www.econbiz.de/10011799518
We study the relative effect of venture capital and bank finance on large manufacturing firms in local U.S. markets …’s ambiguous on the effect of banks on large firms. The empirical evidence suggests that while the average size of firms in the top …
Persistent link: https://www.econbiz.de/10009640458
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