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Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear...
Persistent link: https://www.econbiz.de/10010605337
This analysis characterizes empirically how good labour relations can alleviate the negative impact on productivity of … impact on total factor productivity (TFP). Regulatory constraints would become really binding when workers or unions use them …
Persistent link: https://www.econbiz.de/10011025861
This paper studies the effect of changes in the employment rate on labour productivity per hour, taking an empirical …
Persistent link: https://www.econbiz.de/10008794107
The paper focuses on the influence of upstream competition for productivity outcomes in downstream sectors. This …. Thus, lack of competition in upstream markets curbs incentives to improve productivity downstream, negatively affecting … productivity outcomes. We test this prediction by estimating an error correction model that differentiates the potential downstream …
Persistent link: https://www.econbiz.de/10008794277