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Persistent link: https://www.econbiz.de/10003288588
We use Italian firm-level data to investigate the impact of trade openness on the distribution of firms across marginal cost levels. In so doing, we implement a procedure that allows us to control not only for the standard transmission bias identified in firm-level TFP regressions but also for...
Persistent link: https://www.econbiz.de/10005770759
activities have affected banks� productivity in the period 1994-2004, differentiating between technical change, efficiency … change and scale economies. We find that privatized banks experienced a significant increase in productivity, especially if … they subsequently merged with other banks. German banks were still able to increase their productivity through …
Persistent link: https://www.econbiz.de/10008459744
In this paper we estimate the long-run relationship between regional total factor productivity, R&D, human capital and …-run equilibrium between productivity level and the three kinds of capital; among them, human capital turns out to have the strongest … impact on productivity. Regional productivity is found also to be positively affected by R&D activity and public …
Persistent link: https://www.econbiz.de/10005609389
information sources include two Bank of Italy surveys carried out in 2007 on local public water authorities and local water …
Persistent link: https://www.econbiz.de/10005113689
the dynamics of labor productivity (value added per worker, a synthetic measure of capital deepening, labor quality and … total factor productivity) and of employment. We find that the ongoing slowdown in EMEs is largely structural, but there is …-sector productivity improvements. The scope for further reform and reform priorities differs across countries. In the longer run other …
Persistent link: https://www.econbiz.de/10011171336
I consider an economy growing along the balanced growth path that is hit by an adverse shock to its capital accumulation process. The model integrates efficiency wages due to imperfect monitoring of the quality of labour in a search and matching framework with methods of dynamic general...
Persistent link: https://www.econbiz.de/10011099655