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Corporate R&D and Firm Efficiency: Evidence from Europe’s Top R&D Investors
Kumbhakar, Subal C.; Ortega-Argilés, Raquel; Potters, … - Institute for the Study of Labor (IZA) - 2009
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that – if the aim is to leverage companies' productivity – emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
Persistent link: https://www.econbiz.de/10008497587
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Robots at Work
Graetz, Georg; Michaels, Guy - Institute for the Study of Labor (IZA) - 2015
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011214029
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The Big Trade-Off in the World of Labor
Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015
The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However, there will be no "end of work". Rather, it is that...
Persistent link: https://www.econbiz.de/10011269610
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An Analysis of Hospital Efficiency and Productivity Growth Using the Luenberger Productivity Indicator
Barros, Carlos Pestana; Menezes, António Gomes de; … - Institute for the Study of Labor (IZA) - 2007
We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …
Persistent link: https://www.econbiz.de/10005233852
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The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy
Lynch, Lisa M. - Institute for the Study of Labor (IZA) - 2007
Using a unique longitudinal representative survey of both manufacturing and nonmanufacturing businesses in the United States during the 1990’s, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...
Persistent link: https://www.econbiz.de/10005703412
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Unemployment Invariance
Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
Persistent link: https://www.econbiz.de/10005822664
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Nur noch Roboter und Selbstausbeutung? Über die Herausforderungen und Chancen der neuen Welt der Arbeit
Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015
Unsere (Arbeits-)Welt scheint sich mit zunehmender Geschwindigkeit zu verändern. Der vorliegende Beitrag beschreibt zentrale Aspekte dieser Entwicklung und diskutiert ihre voraussichtlichen Auswirkungen auf Arbeit und Beschäftigung. Der Wandel ist weltweit spürbar und Roboter und Maschinen...
Persistent link: https://www.econbiz.de/10011269602
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Using Firm Optimization to Evaluate and Estimate Returns to Scale
Gorodnichenko, Yuriy - Institute for the Study of Labor (IZA) - 2008
heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …
Persistent link: https://www.econbiz.de/10005822822
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When, Where and How to Perform Efficiency Estimation
Badunenko, Oleg; Henderson, Daniel J.; Kumbhakar, Subal C. - Institute for the Study of Labor (IZA) - 2011
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar and Wilson (2008). We assess the finite sample...
Persistent link: https://www.econbiz.de/10009323097
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Changes in China's Wage Structure
Ge, Suqin; Yang, Dennis Tao - Institute for the Study of Labor (IZA) - 2012
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202 percent, accompanied by a sharp rise in wage inequality. Decomposition...
Persistent link: https://www.econbiz.de/10011279366