We develop a dynamic general equilibrium model to quantify the interaction between climate policy, industry dynamics, and the elasticity of substitution between clean and dirty energy in the economy. The model incorporates empirical observations that firms differ substantially in their potential...

This paper evaluates the impact of a policy that was implemented to reduce the energy intensity of firms in some manufacturing sectors in India, on the total factor productivity (TFP) growth of firms and on its components, scale efficiency and technical change. Using plant-level panel data on...

Northern Ireland's productivity performance has persistently been the worst of any UK region. This is despite having the apparent benefit of subnational industrial policy since the 1920s. Can institutions - through the interaction between business and local policymakers - explain this...

Based on sectoral National accounts data and estimates of the implicit rental rate of capital, we calculate price mark-ups for 42 Norwegian industries for the period 1980-2019. The results indicate a broad-based increase in mark-ups over the sample period, with an average increase of roughly 20...

We employ a recent empirical strategy to estimate country-specific and time-varying total factor productivity (TFP) levels for the manufacturing sector of 63 countries over 40 years. The methodology is based on estimated country-specific production functions while accounting for cross-section...

This paper analyses the effect of innovation on the performance of Small and Medium Enterprises (SMEs) and how Corporate Social Responsibility (CSR) mediates this relationship. In order to evaluate our assumptions, a partial least squares structural equation model (PLS-SEM) was applied to a...

At-scale manufacture of customized products often requires both traditional processes and additive manufacturing that is enabled through 3D printing (3DP). Such 3DP-enabled hybrid manufacturing supports two forms of customization. First, customizing the mix of traditional and 3DP processes...

Purpose: Although additive manufacturing (AM; 3D printing/3DP) is presently in its infancy, once it becomes economically viable for mass production, it would revolutionize the operation and supply chain network of traditional businesses and manufacturing industries. To this end, approaches for...

This study examines the effect of firm-level adoption of industrial robots on labor cost adjustments using a unique data set of Spanish manufacturing firms. Our results suggest that robot-adopting firms exhibit greater labor cost stickiness than non-adopters. Robot adoption leads to a greater...

The prices of major commodities since May 2020 have increased, with their initial rally attributable to a low base effect created by sharp price declines in the wake of the pandemic. Such prices, however, have since steadily increased and exceeded pre-pandemic levels due to pressure from market...

Contrary to a widely held impression that the share of manufacturing in India’s GDP has stagnated for a long time, it is claimed in the paper that it has increased significantly. Measured at the prices of different goods and services prevailing in 1993-94, the beginning of the post-reform era...

In order to establish effective policies, it is necessary to ascertain the status of service R&D in the manufacturing sector. We need to know which manufacturing firms participate in service R&D (service R&D participation), and which manufacturing firms make large investments in service R&D...

The composite system coupling model is introduced to analyze the mechanism of the composite system on the coupling target. Taking China's equipment manufacturing industry as the research objective, the composite system coupling model is constructed. On the basis of calculating the three target...

Based on a product’s technology, service innovation can enable manufacturing enterprises to alleviate the fierce market competition brought about by product homogeneity. However, excessive investments in services may cause manufacturing enterprises to fall into the servitization paradox, and...

In a globally competitive market place companies strive to become as efficient as possible. Absenteeism is a worldwide problem as it impacts on company efficiency and cost effectiveness. A large portion of absenteeism can be attributed to ill health absences. Companies have prioritized the need...

Korea’s manufacturing sector, the third most competitive in the world, has helped it weather the COVID-19 pandemic.While the global economy shrank 3.3 percent in 2020, its worst slowdown since the 2008 global financial crisis, the Korean economy contracted by just one percent thanks to its...

In this study, we develop a model that explains the value of social media in innovation processes where technological focus and abilities are converted into product innovations. We test our model in a survey of 305 manufacturing SMEs. Findings show that increased technological orientation (TO)...

This paper takes the spectrum approach to identify possible industrial and enterprise insolvency and goes on to conduct a composite analysis of both the potential industry insolvency spectrum and enterprise insolvency spectrum. Recently, the proportion of industries and enterprises showing signs...

Purpose – This study aims to unlock the path of growth for sustainable economic development and accomplish the government’s vision 2030 by ameliorating the productivity of the manufacturing sector in Laos.Design/methodology/approach – This study applied cross-sectional data of 2,009 firms...

This paper explores the importance of firm dynamics, including entry and exit and the allocation of carbon emissions across firms, on the green transition. Using the 2000–2019 firm-level register data on greenhouse gas emissions matched with the Financial Statement data in the Finnish...

Fundamentally, industrialization requires a strong development oriented state with a long-term vision of structural transformation, a highly committed political leadership, and effective transformative institutions. In Uganda, Vision 2040 emphasizes the manufacture of consumer, investment and...

In the Made in China 2025 initiative, it is proposed that China should strive to “accelerate the coordinated development of manufacturing and services, drive the innovation of business mode and business, and promote the transition of production-oriented manufacturing to service-oriented...

Does servitization improve manufacturing firms’ performance, and in what condition? Following Crozet and Milet (2017)’s seminal work, this study analyzes disaggregated firm-level data that covers 40,000 South Korean manufacturing firms surveyed by the Survey of Business Activities of Korea....

Manufacturing and other carbon-intensive sectors account for a large proportion of the Korean economy, and so transitioning into a low-carbon society will necessitate a soft landing; efforts to cut greenhouse gas emissions must not impair the ability of economic growth to produce qualitative...

In the period since 2004, employment in India’s organized manufacturing has grown at a relatively fast rate. This trend of rapid employment growth during 2004-2007 has continued in the period following the global financial crisis (GFC), and employment in organized manufacturing has grown at...

The emergence of manufacturing related services (MRS) coincides with the revaluation of manufacturing. We observed that manufacturing-focused countries overcame the financial crisis which broke out in 2007 with less difficulty than their service-focused counterparts. Manufacturing played a...

Jobless growth in the South Korean manufacturing industry has been observed since 2015. Even as total value added in the manufacturing sector is continuously growing, manufacturing employment levels are decreasing; this pattern first emerged in the 1990s, lasting for a decade. The decoupling of...

We study how extreme (high) temperatures affect firm dynamics---entry, exit, and (aggregate) productivity---in Chinese manufacturing sectors. Existing studies focus on the effects on incumbent firms (intensive margin), while we examine the effects on entry and exit (extensive margin), and their...

The scholarly interest in the political consequences of industrial decline across Western nations is growing. Despite the current global energy crisis, the electoral impact of increasing natural gas and electricity prices has received less attention, even though it represents a direct threat to...

The present study examines the impact of spillover effect of foreign direct investment (FDI) on skilled-unskilled wage inequality in the Indian manufacturing Industries. We have considered competition spillover, R\&D spillover and Skill spillover effect of FDI firms. Foreign firms dominate...

This paper proposes and estimates a two-step methodology to measure international managerial skill and calculate its impact on firm performance, using a sample of the biggest private Colombian exporting firms. The first step quantifies the manager’s organizational capital contribution to...