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shows that firms that increased material inputs relative to internal labor costs performed better in terms of gross … operating surplus than other firms. However, firms that increased external services relative to internal labor costs, thus … outsourcing service functions previously provided within the firm, performed worse. In sum, our findings support the view that …
Persistent link: https://www.econbiz.de/10004963941
This paper presents an empirical analysis of "outsourcing" using establishment level data for UK manufacturing … industries. We analyse an establishment's decision to outsource and the subsequent effects of outsourcing on the establishment …'s productivity. We compare outsourcing in domestic with foreign-owned establishments. Our empirical results suggest that high wages …
Persistent link: https://www.econbiz.de/10005069041
It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is proved empirically. Furthermore, making unobserved...
Persistent link: https://www.econbiz.de/10008530631
The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit - technical efficiency...
Persistent link: https://www.econbiz.de/10005068740
German chemical manufacturing industry is marked by two major structural changes during 1992-2004. Firstly, number of firms was ranging extensively: from 676 to 901, while only 96 firms represented balanced panel. Secondly, size of the firm dropped considerably-by 88%. This paper is intended to...
Persistent link: https://www.econbiz.de/10005069049
competitiveness measured by unit labor costs, using a rich, newly built, data set of German manufacturing enterprises. The analysis is …
Persistent link: https://www.econbiz.de/10009150562
The German potable water supply industry is regarded as being highly fragmented, thus inhibiting high potentials for efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data Envelopment Analysis (DEA) to analyze the potential...
Persistent link: https://www.econbiz.de/10009646239
We analyze below-cost pricing in retail markets and examine its impact on social welfare as well as on suppliers' incentives to invest in quality. Considering negotiations about a linear wholesale price between the retailer and her suppliers, we find that below-cost pricing aggravates the double...
Persistent link: https://www.econbiz.de/10004963623
This paper investigates the strategic value of the managerial incentive scheme in affecting firms' incentive in R&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically assign a non-profitmaximization objective to their...
Persistent link: https://www.econbiz.de/10004963697
that electronic procurement increases market transparency, lowers search and supplier switching costs and improves the … a reduction of market transaction costs and, as a result, opens up new possibilities in terms of how business activities …
Persistent link: https://www.econbiz.de/10005068891