Showing 221 - 230 of 283
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10011084627
As a result of debt enforcement problems, many high-productivity firms in emerging economies are unable to pledge … additional resources that flow to high-productivity firms after the reforms. We show that some of these resources do not come … from abroad, but instead from domestic low-productivity firms that are driven out of business as a result of the reforms …
Persistent link: https://www.econbiz.de/10011084650
We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … explaining the positive export-productivity association documented in prior research. For the sample of small innovating firms …, we find no significant differences in productivity levels between exporters and non-exporters. Especially product …
Persistent link: https://www.econbiz.de/10005792473
productivity growth linked to the delayed effects of previously invented 'general purpose technologies' stimulated an increase in … fixed investment that became excessive and proved to be unsustainable, while the productivity acceleration helps to account …
Persistent link: https://www.econbiz.de/10005792478
Foreign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both …-ante identical workers learn from their employers in proportion to the firm’s productivity. Foreign-owned firms have, on average …, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign …
Persistent link: https://www.econbiz.de/10005792490
business sector labour productivity in the major OECD countries. The method implies that the trend is the long-run forecast of … productivity, given all available information; the cycle is thus interpreted as the total excess growth that would be forecasted … beyond `normal' rates of productivity (see Evans and Reichlin (1993a)). Multivariate trends in productivity were estimated …
Persistent link: https://www.econbiz.de/10005792503
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
In this paper I review the contribution of real business cycles models to our understanding of economic fluctuations, and discuss open issues in business cycle research.
Persistent link: https://www.econbiz.de/10005662231
relationship between firm age and employee compensation as well as firm age and firm productivity suggest that there may be at …
Persistent link: https://www.econbiz.de/10005662285
accompanying revival of productivity growth, directly contributed both to faster output growth and to holding down the inflation … the United States, they did not prevent the US from experiencing a dismal period of slow productivity growth between 1972 … and 1995 nor from falling behind in numerous industries outside the IT sector. The 1995-2000 productivity growth revival …
Persistent link: https://www.econbiz.de/10005666412