Showing 1 - 10 of 111
This study analyses the role played by adjustment costs and R&D investment prices in total R&D productivity. The … results show that on average, for each monetary unit increase in adjustment costs produces a fall in productivity of 0 …
Persistent link: https://www.econbiz.de/10005556044
A model is used to study the impact of ownership on productivity and wages. Data on private and public manufacturing in … Turkey during the 1950-1998 period indicate that productivity is higher in the private sector.There is a close relationship … between wages and productivity in the private sector; no such relationship exists in the public sector. …
Persistent link: https://www.econbiz.de/10005561408
The introduction of a common monetary policy in eleven European countries increased the need for leading indicators for that area. A reliable leading indicator should possess the following properties: (1) The movements in the indicator series should resemble those in the business cycle reference...
Persistent link: https://www.econbiz.de/10005076700
In this paper we used a data set constructed for a companion paper (Fritsche/Stephan, 2000) where we explored the leading indicator properties of different time series for the German business cycle. Now we test for the ability of different indicator series to forecast recessions by using a...
Persistent link: https://www.econbiz.de/10005076772
We study the price adjustment practices and provide quantitative measurement of the managerial and customer costs of price adjustment using data from a large U.S. industrial manufacturer and its customers. We find that price adjustment costs are a much more complex construct than the existing...
Persistent link: https://www.econbiz.de/10005076839
two years though. Labour productivity of JVs was higher than that for other forms of enterprises. This is linked to their … ability to attract better labour skills as they can offer better incentives and higher wages. Capital productivity is …
Persistent link: https://www.econbiz.de/10005134443
This study assesses the widely-held belief that manufacturing industries are uniquely important to the process of national economic growth. The study’s related purpose is to describe structural changes in the U.S. manufacturing sector and the organization of U.S. manufacturing firms that are...
Persistent link: https://www.econbiz.de/10005062415
The degree of localisation of manufacturing, defined as the excess geographic concentration remaining after correcting for both sectorial concentration and the agglomeration of overall economic activity, has recently gained new techniques of measurement. These techniques are illustrated and...
Persistent link: https://www.econbiz.de/10005062502
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty, income distribution, welfare and employment. The case of Argentina, in particular, is investigated. To this end, partial equilibrium techniques are combined with micro econometric...
Persistent link: https://www.econbiz.de/10005062638
cross-firm productivity dispersion is high; (2) small groups of entrenched oligopolists exploit monopoly power in product … is limited, it does sug-gest that protecting "learning" industries is unlikely to foster productivity growth. All of this …
Persistent link: https://www.econbiz.de/10005407687