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entered the crisis with weaker balance sheets experienced decline in total factorproductivity growth relative to their less … productivity growth. Furthermore, our resultsare not driven by more vulnerable firms being less productive or having experienced … slowerproductivity growth before the crisis, or differing from less vulnerable firms along otherdimensions …
Persistent link: https://www.econbiz.de/10012950421
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011790517
The current global crisis (whose origins lie in the functionality of financial markets) has diverse repercussions for intellectual capital creation (i.e. human and structural assets as well as their components). The phenomenon is linked with limited resources being allocated to innovative...
Persistent link: https://www.econbiz.de/10012999832
This study analyzes the effect of the 2008 financial crisis on the venture capital market. We show that the crisis is associated with a decrease in the number of initial funding rounds as well as with a decrease in the amount of funds raised in later funding rounds. The effects of the crisis...
Persistent link: https://www.econbiz.de/10013039162
turns out that innovative firms realize the same reduction in growth rates in turnover, but a stronger reduction in … investment growth than non-innovative firms. …
Persistent link: https://www.econbiz.de/10011339805
. Moreover, local economies tend to be more adaptable if they innovate in sectors with the strongest growth opportunities, even …
Persistent link: https://www.econbiz.de/10011919527
significantly slowed down output growth between 2010 and 2015. A partial-equilibrium aggregation exercise suggests output would be …
Persistent link: https://www.econbiz.de/10011573282
turns out that innovative firms realize the same reduction in growth rates in turnover, but a stronger reduction in … investment growth than non-innovative firms …
Persistent link: https://www.econbiz.de/10013014643
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
crisis. The purpose of this paper is to examine whether the growth of potential output also is affected by recessions …, whether or not they include financial crises. Trend per capita output growth is calculated using HP filters, and average … growth is compared for the two years preceding a recession, the two years immediately following a recession peak, and the two …
Persistent link: https://www.econbiz.de/10013083247