Showing 1 - 10 of 409
This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi …-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the …
Persistent link: https://www.econbiz.de/10008607509
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
unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a … affects total factor productivity growth. We do find that VC investment is positively associated with labor productivity but … this positive impact is originated from the technology substitution from labor to other productive inputs such as energy …
Persistent link: https://www.econbiz.de/10005136420
We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and … which increased the costs of opening large stores. This might have caused a slowdown in productivity growth if firms (a … productivity works out at about £80,000 per small chain supermarket store. …
Persistent link: https://www.econbiz.de/10005136776
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more …
Persistent link: https://www.econbiz.de/10005497762
We study the relation between workers' skill dispersion and firm productivity using a unique dataset of Italian … production function that depends on the skill composition show that a firm's productivity is positively related to skill …
Persistent link: https://www.econbiz.de/10005656279
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
efficiency. First, treatment firms have higher productivity and quality after accounting for rug specifications. Second, when …
Persistent link: https://www.econbiz.de/10011096097
This paper shows how misleading is the facile contrast of Europe following a path of high productivity growth, high … shocks may initially create a positive trade-off between productivity and unemployment, they set in motion a dynamic path of … contributions of this paper are to show how a productivity-unemployment trade-off might emerge and how it might subsequently …
Persistent link: https://www.econbiz.de/10005114412
While innovation is argued to create value, private incentives of firms to innovate are driven by what part of the value created firms can appropriate. In this paper we explore the relation between innovation and the markups a firm is able to extract after innovating. We estimate firm-specific...
Persistent link: https://www.econbiz.de/10011083230