Showing 1 - 10 of 15
Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We examine an industry in which there are well-defined objectives, small teams, and exact measures of leaders’ characteristics. We show that a strong predictor...
Persistent link: https://www.econbiz.de/10005822232
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …
Persistent link: https://www.econbiz.de/10005822646
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010791522
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …
Persistent link: https://www.econbiz.de/10010261809
Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We examine an industry in which there are well-defined objectives, small teams, and exact measures of leaders' characteristics. We show that a strong predictor of...
Persistent link: https://www.econbiz.de/10010268751
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …
Persistent link: https://www.econbiz.de/10010268767
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
This paper examines the relationship between firm multifactor productivity growth (mfp) and changing skill levels of …
Persistent link: https://www.econbiz.de/10011401776
In new new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010293207
share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …
Persistent link: https://www.econbiz.de/10013177746