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firms always have a higher market share, there is no monotonic relationship between firms' productivity level and their … effect". Therefore, the incentive to add more products weakens as productivity rises. This leads to Lemma 3 in Feenstra and … evidence is in line with the results from the theoretical model. -- multi-product firms ; productivity ; optimal product scope …
Persistent link: https://www.econbiz.de/10009672241
: it was flexible enough for sufficient macroeconomic policy autonomy to bring about differential inflation rates, and … der makroökonomischen Politik, mit der sich die Inflation der Handelspartner unterbieten ließ, und gleichzeitig …
Persistent link: https://www.econbiz.de/10011963824
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
Persistent link: https://www.econbiz.de/10011298736
-exporters. However, many firms from the lower end of the productivity distribution are exporters. Germany is a case in point. A recent … study reports that these low-productivity exporters are not marginal exporters defined according to the share of exports in … exports is much higher among exporters from the lower end of the productivity distribution than among highly productive …
Persistent link: https://www.econbiz.de/10010239335
Seit Anfang der 1970er-Jahre lässt sich eine graduelle Verschärfung der fiskalischen Situation moderner Staaten beobachten. Chronisch gewordene Defizite und eine dramatisch gestiegene Staatsverschuldung sind zu einer beherrschenden Rahmenbedingung wohlfahrtsstaatlicher Politik geworden. Das...
Persistent link: https://www.econbiz.de/10003971000
In most rich democracies one finds a tendency for the share in public finance that is available for discretionary spending to shrink. This is because tax revenues do not keep pace with simultaneous increases in fixed expenditures and growing pressures for fiscal consolidation. The present paper...
Persistent link: https://www.econbiz.de/10009232249
How can we determine when an existing institutional path or trajectory is ending and being replaced with a new one? How does such a process take place? How can we distinguish between institutional innovation within an existing trajectory and a switchover to a new trajectory or path? This paper...
Persistent link: https://www.econbiz.de/10008811083
policies pushed down domestic growth and inflation but gave the export sector competitive advantages against the background of …
Persistent link: https://www.econbiz.de/10013463444
A longer-term perspective reveals the historical exhaustion of the financial resources of the democratic interventionist state of the postwar period. German politics present and future is shaped by a deep crisis of public finance. Its current expression is an apparently insurmountable conflict...
Persistent link: https://www.econbiz.de/10003480998
Economic theory suggests both positive and negative relationships between intra-firm wage inequality and productivity … relative minor influence of intra-firm wage inequality on firm productivity. If anything, they provide some support for a view … suggesting that some inequality may be beneficial, while too much leads to a detrimental effect on productivity. …
Persistent link: https://www.econbiz.de/10003640187