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Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier …
Persistent link: https://www.econbiz.de/10005792168
. In this study we considered two main themes. First, convergence of the current EU-member countries is empirically tested …
Persistent link: https://www.econbiz.de/10005666865
from other foreign firms operating in the same product market. This evidence on the dynamics of efficiency is consistent …
Persistent link: https://www.econbiz.de/10005791421
productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …
Persistent link: https://www.econbiz.de/10005791604
persistence of productivity growth differentials between nations, even though these countries show a common technology, constant … generations specification. The source of productivity (growth) differentials in our model is the existence of a non-traded capital … than leisure). We consider the influence on productivity growth differentials of private thrift, public debt, the taxation …
Persistent link: https://www.econbiz.de/10005792009
An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …
Persistent link: https://www.econbiz.de/10005123710
The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …
Persistent link: https://www.econbiz.de/10005123535
States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …
Persistent link: https://www.econbiz.de/10005788908
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …
Persistent link: https://www.econbiz.de/10011171780
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …
Persistent link: https://www.econbiz.de/10009359488