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Deregulation, Entry of Foreign Banks and Bank Efficiency in Australia
Sturm, Jan-Egbert; Williams, Barry - CESifo - 2002
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 restrictions upon foreign bank entry and foreign ownership have been affectively abolished. Using Data Envelopment Analysis (DEA) and Malmquist Indices, we find that the new...
Persistent link: https://www.econbiz.de/10005766073
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Ageing and Fiscal Imbalances Across Generations: Concepts of Measurement
Fenge, Robert; Werding, Martin - CESifo - 2003
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10005765993
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A Rise by Any Other Name? Sensitivity of Growth Regressions to Data Source
Filer, Randall; Hajkova, Dana; Hanousek, Jan - CESifo - 2007
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...
Persistent link: https://www.econbiz.de/10005181475
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Productivity as if Space Mattered: An Application to Factor Markets Across China
Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013
results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …
Persistent link: https://www.econbiz.de/10010877649
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Productivity Response to a Contract Change
Jayaraman, Rajshri; Ray, Debraj; Véricourt, Francis de - CESifo - 2014
This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …
Persistent link: https://www.econbiz.de/10010877659
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The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered
Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - CESifo - 2014
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10010877817
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Firm Performance and Trade with Low-Income Countries: Evidence from China
Schmerer, Hans-Jörg; Wang, Luhang - CESifo - 2014
evidence for sequential sorting into different export-modes according to firm productivity: i) only the most productive firms …
Persistent link: https://www.econbiz.de/10010888447
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Employment Protection and the Market for Innovations
Bastgen, Andreas; Holzner, Christian - CESifo - 2015
in order to restore their productivity. To do so we develop an equilibrium matching model with an imperfect labor and … estimated negative impact of wrongful dismissal laws in the US on productivity and the positive effect on the number of …
Persistent link: https://www.econbiz.de/10011210787
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Temporary Employment, Job Flows and Productivity: A Tale of two Reforms
Cappellari, Lorenzo; Dell'Aringa, Carlo; Leonardi, Marco - CESifo - 2011
productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …
Persistent link: https://www.econbiz.de/10009221556
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Does China Still Have a Labor Cost Advantage?
Ceglowski, Janet; Golub, Stephen - CESifo - 2011
In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs...
Persistent link: https://www.econbiz.de/10009323303