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This paper presents a dynamic model that analyzes how firms’ expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...
Persistent link: https://www.econbiz.de/10005703231
We present a dynamic model where the probability of outsourcing production is increasing in the firm’s expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...
Persistent link: https://www.econbiz.de/10008496996
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … level surveys performed by the Statistical Offices. Our micro-econometric analysis confirms previous findings of concave age-productivity … profiles, which are consistent with human capital theory, and adds a new finding of a rather negative effect of age on firms …
Persistent link: https://www.econbiz.de/10009652531
switch to salary firms once their productivity is revealed. The magnitude of the resulting worker flows depends on the payoff …. Advantages in measuring worker productivity constitute a plausible explanation for the emergence of specialized business related …
Persistent link: https://www.econbiz.de/10005703403
) and objective data on productivity, profits and establishment survival. We establish that workplace education and training …
Persistent link: https://www.econbiz.de/10005822352
unions are remarkable: unions in the workplace significantly improve productivity but reduce enterprise profitability …
Persistent link: https://www.econbiz.de/10010734422
In a survey published in the British Journal of Industrial Relations, Frege (2002) evaluates research on the German works council from the perspective of several disciplines, including economics. Ultimately, she concludes that economic analysis of the works council has reached a ‘dead end’....
Persistent link: https://www.econbiz.de/10005762185