Showing 1 - 10 of 273
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …
Persistent link: https://www.econbiz.de/10005124197
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10005504461
Technological change can increase the productivity of the various factors of production in equal terms or it can be … biased towards a specific factor. We develop an estimator for production functions when productivity is multi-dimensional. We …
Persistent link: https://www.econbiz.de/10011093691
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10011084590
labour productivity. We control for different regional and firm characteristics, and we instrument enforcement with the … it is likely to contribute to an improvement in productivity. …
Persistent link: https://www.econbiz.de/10005661940
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
the technological frontiers. Furthermore, the negative effect of financial constraints on productivity is amplified as …
Persistent link: https://www.econbiz.de/10008468676
cycles: during the first phase of each cycle output and productivity grow slowly or even decline, and it is only in the … second phase that growth starts in earnest. The historical record of productivity growth associated with electrification, and …
Persistent link: https://www.econbiz.de/10005124059
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial …
Persistent link: https://www.econbiz.de/10011083447