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This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML index) method and decomposes the index. The results are compared with those obtained from the conventional Malmquist-Luenberger (ML) productivity growth index. MML has two...
Persistent link: https://www.econbiz.de/10010764611
Using standard as well as recently developed univariate and bivariate count data models, this paper analyzes the determinants of workplace accidents using a firm data set for Germany. Given the tight system of public workplace safety regulation, introduced partly as early as in 1869, and the...
Persistent link: https://www.econbiz.de/10005233823
A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model’s test is based on a unique nationwide fiscal experiment. We...
Persistent link: https://www.econbiz.de/10005566538
as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …
Persistent link: https://www.econbiz.de/10010959581
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10009646287
Since the 1980s, China’s government has eased restrictions on internal migration. This easing, along with rapid growth of the Chinese economy and substantial increases in foreign and domestic investments, has greatly stimulated internal migration. Earlier studies have established that...
Persistent link: https://www.econbiz.de/10005703124
dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …
Persistent link: https://www.econbiz.de/10005703624
in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to …
Persistent link: https://www.econbiz.de/10005703831
banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …
Persistent link: https://www.econbiz.de/10005822124
Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … (favorable) impact on investment. …
Persistent link: https://www.econbiz.de/10005822189