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We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
productivity. The effects are investigated both in isolation and in conjunction with the impact of ICT maturity on microdata in six … proportion of ICT-intensive human capital boosts productivity. This seems to confirm the case in favour of recruitment of highly …
Persistent link: https://www.econbiz.de/10011979709
by labour productivity. To this end, the stochastic frontier technique is used on a unique unbalanced longitudinal … firms. From a policy perspective, the results of this study suggest that - if the aim is to leverage firms' productivity … other hand, corporate R&D in the low-tech sector is found to have a minor effect in explaining productivity. Instead …
Persistent link: https://www.econbiz.de/10011981958
productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms … from globalisation on firms’ R&D productivity, especially in the US, while a negative impact for industrial diversification …
Persistent link: https://www.econbiz.de/10011982030
This paper examines the links between innovation and productivity in service enterprises. For this purpose, we use … structural model. Our results indicate that innovation in service enterprises is linked to higher productivity. In all three … countries analysed, among the innovation types that we consider, the strongest link between innovation and productivity was …
Persistent link: https://www.econbiz.de/10011983700
Persistent link: https://www.econbiz.de/10012120979
Persistent link: https://www.econbiz.de/10011890385
measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples …
Persistent link: https://www.econbiz.de/10012202839
higher productivity and growth. In light of the importance of skills for fostering labour productivity, this paper examines …
Persistent link: https://www.econbiz.de/10012203203
In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …
Persistent link: https://www.econbiz.de/10012203325