Showing 1 - 10 of 161
the organization of U.S. manufacturing firms that are helping to determine the pace of economic growth and the creation of …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 …
Persistent link: https://www.econbiz.de/10005062415
This paper analyses the relationship between firm productivity and export behavior in German manufacturing firms. We … productivity to entering foreign markets, as postulated by the recent literature on international trade with heterogeneous firms …. Moreover, we apply a matching technique in order to analyze whether the presence in international markets enabled firms to …
Persistent link: https://www.econbiz.de/10005119286
paper shows, first, that social capital has an economic return for informal firms but not for formal ones. Informal firms …
Persistent link: https://www.econbiz.de/10005407753
Many emerging or transition economies lack institutional arrangements (like ISO certification) to credibly signal product quality. The absence of such institutions leads to low levels of market activity with poor quality products on sale. In this paper, we use a dynamic framework with asymmetric...
Persistent link: https://www.econbiz.de/10005412865
obligations are potentially corruptible, and markets for corruption may therefore arise that give firms the option of producing … driving firms out of official production into the underground economy, our model features the idea that the `grabbing hands …' of corrupt bureaucrats may alternatively serve as `helping hands' allowing firms to exploit profitable opportunities in …
Persistent link: https://www.econbiz.de/10005408401
independent of the novelty degree. Moreover, different employment effects between manufacturing and service firms regarding …
Persistent link: https://www.econbiz.de/10005118792
In spite of elaborate descriptive and correlational studies, the most ubiquitous phenomenon in economics, namely inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a mechanism of "sticky wages and prices". Hitherto, such theories...
Persistent link: https://www.econbiz.de/10005412616
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