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Employee involvement and financial incentives are often praised as effective means for increasing firm productivity. We … assess the productivity effects of these human resource practices by accounting for the main sources of estimation bias … employee involvement raises establishment productivity, but financial incentive systems do not. An important result is that …
Persistent link: https://www.econbiz.de/10014214081
performance of a panel of 10,650 firms operating in Romania in the period 1995-2001. Controlling for the simultaneity bias in … productivity estimates through semi-parametric techniques, we find that changes in domestic firms' TFP are positively related to …
Persistent link: https://www.econbiz.de/10012757706
High performance workplace practices were extolled as an efficient means to increase firm productivity. The empirical … evidence is disputed, however. To assess the productivity effects of a broad variety of measures, we simultaneously account for … participation enhances firm productivity in Germany, whereas incentive systems do not foster productivity. Our results further …
Persistent link: https://www.econbiz.de/10014033566
We analyze the effects of different regimes of control rights over critical resources on the total domestic income of open economies. We consider home control, foreign control, and international partnerships in a theoretical model where contracts are incomplete, resource exploitation requires...
Persistent link: https://www.econbiz.de/10009553288
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth … or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … flows in the period of massive and rapid labor reallocation, i.e. the economic transition from a centrally planned to a …
Persistent link: https://www.econbiz.de/10011543181
productivity. However, the dispersion of firms' productivity shocks has decreased too. To enhance our understanding of these … patterns, we derive a firm-level framework that relates changes in firms' productivity, market power, and technology to job …
Persistent link: https://www.econbiz.de/10014391723
We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms …
Persistent link: https://www.econbiz.de/10014384034
age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … manufacturing industries in Germany using newly available, unique data. We find concave age-productivity profiles and a negative … paribus lower level of productivity in firms with a higher share of female employees does not go hand in hand with a lower …
Persistent link: https://www.econbiz.de/10010403909
Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …
Persistent link: https://www.econbiz.de/10010490366