The introduction of team-based flexible production system substantially enhanced productivity and product quality at some progressive plants which adopted them. Most of these plants adopted a bundle of human resource practices which are designed to encourage workers to acquire broad skills and...

A recent literature has demonstrated that fixed costs at the firm level can lead to strategic complementarities and hence, coordination failure in industrialisation across sectors. The existence of such complementarities appears to hinge critically on the nature of these fixed costs -- that is,...

We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...

This article investigates how changing production processes and increasing market power at the firm level relate to a fall in Germany’s manufacturing sector labour share. Coinciding with the fall of the labour share, I document a rise in firms’ product and labour market power. Notably,...

Following the sudden expansion of telework across the EU during the COVID-19 pandemic, this study reveals a widespread increase in the prevalence of work from home across EU countries, regions, and territorial typologies. While telework rates have slightly receded from their peak at the height...