This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … may have longer term implications for efficiency since the impact on profitability appears to fall most heavily on firms …

We assess the quantitative impact of firing costs on aggregate total factor productivity (TFP) in a dynamic general …-equilibrium framework where the distribution of establishment-level productivity is not invariant to the policy. Firing costs not only … losses. Firing costs equivalent to 5 year's wages imply a drop in TFP of more than 20 percent. Factor misallocation accounts …

factors that reduce entry costs or raise entrepreneurial returns, thereby increasing net returns and attracting entrepreneurs … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …

profit-deviating preferences from the state-defined regulatory status of nonprofit production. We argue that this separation … is crucial in providing predictions about the underlying forces which allow the coexistence of nonprofit and for-profit … separating choice of nonprofit status from profit-deviating preferences, the paper provides predictions about the forces which …

The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … run profit potential from markup behavior. As a result, on average economic profits are normal, but declining …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …

percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …