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consequences of these transformations on firm's productivity, using granular data on firms financial and ownership structure as … major concern from a productivity standpoint: firms displaying higher institutional ownership tend to have higher … productivity levels and growth rates compared to their peers, though the positive relationship tends to vanish when institutional …
Persistent link: https://www.econbiz.de/10014435855
Persistent link: https://www.econbiz.de/10013449280
age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … manufacturing industries in Germany using newly available, unique data. We find concave age-productivity profiles and a negative … paribus lower level of productivity in firms with a higher share of female employees does not go hand in hand with a lower …
Persistent link: https://www.econbiz.de/10010403909
We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
policies to cross-country differences in productivity, innovation and resource allocation. This paper describes the steps taken … to and the trade-offs involved in constructing firm-level total factor productivity (TFP) measures using ORBIS, a cross … productivity measures can be calculated using readily available variables for all countries, and presents possible solutions to …
Persistent link: https://www.econbiz.de/10009767749
leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms … employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution … in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets …
Persistent link: https://www.econbiz.de/10012661010
Using a cross-country firm level panel dataset from 1995 to 2015, this paper revisits the finance–productivity nexus by … result, financial frictions are expected to be more binding for productivity growth in sectors where intangibles have become … level. We provide evidence that financial frictions act as a drag on productivity growth and especially so with respect to …
Persistent link: https://www.econbiz.de/10012203268
In recent years, literature has linked structural reforms with productivity growth. Considering Portugal’s recent …-2014, this paper assesses the impact of structural reforms on firms’ productivity. In line with existing literature, the analysis … productivity levels. The firms’ distance to the technological frontier mediates the impact of reforms, either by potentiating its …
Persistent link: https://www.econbiz.de/10011732451
This paper examines input and productivity dynamics of manufacturing firms in the period leading to and following … export market entry. We examine 3 possible explanations for the observed productivity gap between exporting and non …
Persistent link: https://www.econbiz.de/10010617214
This paper studies the process of plant exit and productivity growth in Japan during the ‘lost decade’. A productivity … decomposition shows the low rate of productivity growth at the aggregate level to be due to slow within plant productivity growth … other country contexts except we find no effect from import competition. Our results suggest that the low productivity …
Persistent link: https://www.econbiz.de/10010577230