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If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10011731026
This paper presents statistical evidence on (1) the importance of 'soft' capital spending items like marketing and R&D investments, and (2) the dominant service content of production in the modern manufacturing firm. It pictures the firm as a dominantly information processing entity that has...
Persistent link: https://www.econbiz.de/10010334833
We utilize a new survey on Norwegian firms' digitalization and technology investments, linked to population-wide register data, to show that the pandemic massively disrupted the technology investment plans of firms, not only postponing investments, but also introducing new technologies. More...
Persistent link: https://www.econbiz.de/10014241098
We utilize a new survey on Norwegian firms' digitalization and technology investments, linked to population-wide register data, to show that the pandemic massively disrupted the technology investment plans of firms, not only postponing investments, but also introducing new technologies. More...
Persistent link: https://www.econbiz.de/10013470541
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...
Persistent link: https://www.econbiz.de/10014263110
meets entrants that enter one of the markets. We find that entry can enhance the total R&D expenditure of the incumbent firm …. That is, entry can stimulate R&D effort. Moreover, the incumbent's profit nonmonotonically changes as the number of … entrants increases. Depending on the fixed entry costs and R&D technologies, both insufficient and excess entry can appear. …
Persistent link: https://www.econbiz.de/10010332451
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to …
Persistent link: https://www.econbiz.de/10011906240
Korea imports all of its primary energy, which leads to high dependency and vulnerability related to its energy supply. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the stochastic production process in energy use. Special...
Persistent link: https://www.econbiz.de/10010339594
The purpose of this study is to develop a methodology in measuring productivity growth by decomposing it into technical … of liberalization on productivity growth of India's paper industry. Specifically, this study quantifies the level of … technical efficiency and technical change in this particular manufacturing sector. The paper applies Malmquist Productivity …
Persistent link: https://www.econbiz.de/10013107791
This report assesses major opportunities and constraints for the development of Eastern Africa's manufacturing sector, considers suitable examples from other regions, and draws lessons to enhance the manufacturing sector's contribution to Eastern Africa's economic transformation. The report is a...
Persistent link: https://www.econbiz.de/10013015874