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The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of … technologies and that joint adoption leads to higher productivity. Without having introduced complementary organizational … innovations, the adoption of CO2 reducing technologies is associated with lower productivity. …
Persistent link: https://www.econbiz.de/10011084545
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
This paper discusses the optimal organization of sequential agency problems with contractible control actions under limited liability. In each of two stages, a risk-neutral agent can choose an unobservable effort level. A success in the first stage makes effort in the second stage more...
Persistent link: https://www.econbiz.de/10005791951
unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a … measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment … affects total factor productivity growth. We do find that VC investment is positively associated with labor productivity but …
Persistent link: https://www.econbiz.de/10005136420
-country dynamic Ricardian model with endogenous innovation and hold-up problems, the value chain consists of two activities …, innovation and production. Entry in the market happens through R&D and entrants face two decisions. The 'location decision … perform innovation and production within the same vertically integrated structure or not. In this framework, the quality of …
Persistent link: https://www.econbiz.de/10005498068
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
By choosing their organizations, firms trade-off productive efficiency and time spent in implementing innovation. We … embed such a productivity/reactivity trade-off in a growth model with creative destruction. We first highlight the specific …
Persistent link: https://www.econbiz.de/10005067458
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005661518
This Paper uses a German employer-employee matched panel dataset to investigate the effect of organizational and technological changes on gross job and worker flows. The empirical results indicate that organizational change is skill-biased because it reduces predominantly net employment growth...
Persistent link: https://www.econbiz.de/10005792471