Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … 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. …

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 … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …

In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision …

role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across … of scale as well a high upfront expenses of acquiring high productivity animals might trap poorer households in low-productivity …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …