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advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …
Persistent link: https://www.econbiz.de/10005666892
countries have essentially scale effects which eventually trickle down on employment and productivity at home. …
Persistent link: https://www.econbiz.de/10005666691
total factor productivity and output. It also finds no significant effects on employment. These results support the view …
Persistent link: https://www.econbiz.de/10005788953
A firm's productivity depends on how production is organized given the level of demand for its product. To capture this … theory, heterogeneity in demand leads to heterogeneity in productivity and other firms' outcomes. We use the theory to … and will decentralize decisions. The new organization of the average exporter results in higher productivity, although the …
Persistent link: https://www.econbiz.de/10009246600
One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. It is widely believed that competition has a positive effect on efficiency, but the theoretical and empirical support is quite scarce. The objective of this paper...
Persistent link: https://www.econbiz.de/10005136413
This paper estimates the effects of the 1991 breakups of Czechoslovak state-owned enterprises (SOEs) on subsequent performance of the master enterprises and the spin-off units. The analysis is based on quarterly and annual data of Czechoslovak industrial enterprises. We estimate the performance...
Persistent link: https://www.econbiz.de/10005114331
sales went up by about 80 percent; similarly, profits and productivity increased by 120 percent compared to the control …
Persistent link: https://www.econbiz.de/10011083751
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011083991
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10011084680
In this paper we use data on five social inclusion indicators (poverty, inequality, unemployment, education and health) to assess and compare the performance of 27 European welfare states (EU27) in 2008. Aggregate measures of performance are obtained using index number methods similar to those...
Persistent link: https://www.econbiz.de/10008692317