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A semi-parametric approach is used to estimate firm propensity to exit. The unobserved individual productivity of a … firm is first estimated using the Ackerberg et al. (2006) approach and then introduced as a determinant of firm exit in … conjunction with other variables that may serve as barriers to exit, including the firm's level of sunk costs and the industry …
Persistent link: https://www.econbiz.de/10010898507
expected return on the election results will be higher for electors who have high exit costs. According to the theory of …
Persistent link: https://www.econbiz.de/10010750739
determination of the number of producers and products over the business cycle. Economic expansions induce higher entry rates by … prospective entrants subject to irreversible investment costs. The sluggish response of the number of producers (due to sunk entry … decisions, producer entry, and the allocation of labor across sectors. The model performs at least as well as the benchmark real …
Persistent link: https://www.econbiz.de/10010635237
of experience depends on the entrant's current customer base and facility-based entry is a long-term possibility, setting …
Persistent link: https://www.econbiz.de/10010789241
threshold of productivity. We examine mobility in two dimensions: from firm to firm (inter-firm) and from one technical field to …. In particular we show that: (1) as predicted by evolutionary theory, inventor productivity is a positive determinant of … invention value, (2) inter-firm mobility is a consistently positive determinant of productivity and (3) technological mobility …
Persistent link: https://www.econbiz.de/10009401092
IC matters for firm productivity through the quality of infrastructure, the experience and education of the labor force …
Persistent link: https://www.econbiz.de/10009278333
IC matters for firm productivity through the quality of infrastructure, the experience and education of the labor force …
Persistent link: https://www.econbiz.de/10009278338
Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear...
Persistent link: https://www.econbiz.de/10010605337
of both wages and productivity are endogenous. We estimate this model using French data. Numerical simulations show that … wage when they are spread over a large range of wages in order to avoid specialization in low productivity jobs. …
Persistent link: https://www.econbiz.de/10010750885
This documents aims at bridging productivity measurement and weak sustainability in a specific data envelopment …. Adjustment net saving is seen as a sustainability indicator and then the productivity indicator computed can be understood as a … sustainability productivity index. …
Persistent link: https://www.econbiz.de/10010898515