We find that high macroeconomic uncertainty is associated with greater accumulation of physical capital, despite a reduction in investment and valuations. To reconcile this puzzling evidence, we show that uncertainty predicts lower depreciation and utilization of existing capital, which...

We find that high macroeconomic uncertainty is associated with greater accumulation of physical capital, despite a reduction in investment and valuations. To reconcile this puzzling evidence, we show that uncertainty predicts lower depreciation and utilization of existing capital, which...

Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the period 1996-2019, faced with an idiosyncratic...

This paper argues that regional variation in the efficiency of labor allocation among German manufacturing plants plays a critical role in explaining regional disparities in productivity. In fact, we show that over 50% of the East-West productivity gap is associated with a less efficient labor...

The aim of the presented text is to evaluate the structure and development of the Czech wine market, foreign wine trade and to analyse the factors shaping domestic demand for wine. The text presents the results of the analysis of primary and secondary data. Time series on the development and...

Enclosures enforced private property rights at the onset of industrialization, yet numerous estimations of the enclosures' effects on production and productivity rely on non-experimental designs. We estimate the causal effects of enclosure reforms applying state- of-the-art...

We study the problem of a monopolist who faces consumers with heterogeneous tastes a la Hotelling (1929). The monopolist first designs a product (positions herself) and then chooses the price. The standard monopoly model is nested as a special case with a fixed position. To determine the range...

The past several decades have witnessed a rebirth of global labor mobility. Workers have begun to move between countries at rates not seen since before World War One. During the same period, economists' study of international migration has been framed by a particular textbook model of location...

Purpose: The main purpose of this article is to systematically review the papers published in the period 2005-2020 about the integration of production, inventory and distribution activities in perishable supply chains. Design/methodology/approach: The proposed research methodology is based on...

With the Russian war against Ukraine, global economic conditions changed abruptly. We provide first causal evidence of effects of the energy crisis on Germany as Europe's most important economy. Combining cost structure data, national accounts and administrative labour market data, we identify...

The past several decades have witnessed a rebirth of global labor mobility. Workers have begun to move between countries at rates not seen since before World War One. During the same period, economists' study of international migration has been framed by a particular textbook model of location...

Purpose: The main purpose of this article is to systematically review the papers published in the period 2005-2020 about the integration of production, inventory and distribution activities in perishable supply chains. Design/methodology/approach: The proposed research methodology is based on...

Part1 Foundations -- Chapter 1. Introduction: Beyond Global Supply Chains -- Chapter 2: Supply Chains As Disruption -- Chapter 3: Agri-Investment Cashing In On Covid-19 -- Part2 Production -- Chapter 4: Putting The Crisis To Work -- Chapter 5: Going Against The Grain In The West Australian...

Der gesellschaftliche, politische sowie rechtliche Druck zur Transformation von Unternehmen hin zu nachhaltigen Geschäftsmodellen wächst stetig an. Insbesondere die Automobilindustrie steht aufgrund der Luftverschmutzung in Großstädten durch Fahrzeuge im Fokus der öffentlichen...

With the Russian war against Ukraine, global economic conditions changed abruptly. We provide first causal evidence of effects of the energy crisis on Germany as Europe's most important economy. Combining cost structure data, national accounts and administrative labour market data, we identify...

The main objective of this Working Paper is to present long-term series (1950-2020) for the functional distribution of income at subsector level for argentine industry (International Standard Industrial Classification of All Economic Activities -ISIC- rev. 3). For this purpose, we recovered...

As the complexity of decision-making problems and the competitiveness in which companies find themselves carrying out their activities increase, the need to use tools that can help Decision-Makers (DM) make more informed and more effective choices increases. Multi-Criteria Decision Making (MCDM)...

Background: Today's production facilities must be efficient in both manufacturing and maintenance. Efficiency enables the company to maintain the required output while reducing production effort or costs. With the increasing interest in process automation and the Internet of things since...

This study investigated temporal changes in factor adjustment of the Japanese manufacturing industry by applying a dynamic factor model, in which labor and capital were quasi-fixed to a panel of industries from 1972 to 2012. Estimations show that the adjustment speeds, with which factors...