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Product Market Regulation and Macroeconomic Performance: A Review of Cross Country Evidence
Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2005
country data to study the effect of product market regulation and reform on a country’s macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10005822371
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Does Anti-Competitive Regulation Matter for Productivity? Evidence from European Firms
Arnold, Jens; Nicoletti, Giuseppe; Scarpetta, Stefano - Institute for the Study of Labor (IZA) - 2011
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10008839267
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Technical Change and Total Factor Productivity Growth for Chinese Provinces: A Panel Data Analysis
Shiu, Alice; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2006
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10005233841
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Firm-Sponsored Classroom Training: Is It Worth It for Older Workers?
Dostie, Benoit; Léger, Pierre Thomas - Institute for the Study of Labor (IZA) - 2011
We use longitudinal linked employer-employee data and find that the probability of participating in firm-sponsored classroom training diminishes rapidly for workers aged 45 years and older. Although the standard human capital investment model predicts such a decline, we also consider the...
Persistent link: https://www.econbiz.de/10009371900
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Production Risk, Energy Use Efficiency and Productivity of Korean Industries
Khayyat, Nabaz T.; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2014
Korea imports all of its primary energy, which leads to high dependency and vulnerability related to its energy supply. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the stochastic production process in energy use. Special...
Persistent link: https://www.econbiz.de/10010760007
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The Return to the Firm Investment in Human Capital
Almeida, Rita; Carneiro, Pedro - Institute for the Study of Labor (IZA) - 2006
In this paper we estimate the rate of return to firm investments in human capital in the form of formal job training. We use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their...
Persistent link: https://www.econbiz.de/10005822083
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Using Firm Optimization to Evaluate and Estimate Returns to Scale
Gorodnichenko, Yuriy - Institute for the Study of Labor (IZA) - 2008
At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...
Persistent link: https://www.econbiz.de/10005822822
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Estimation of Productivity in Korean Electric Power Plants: A Semiparametric Smooth Coefficient Model
Heshmati, Almas; Kumbhakar, Subal C.; Sun, Kai - Institute for the Study of Labor (IZA) - 2013
This paper analyzes the impact of load factor, facility and generator types on the productivity of Korean electric power plants. In order to capture important differences in the effect of load policy on power output, we use a semiparametric smooth coefficient (SPSC) model that allows us to model...
Persistent link: https://www.econbiz.de/10010764608
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Worker Productivity and Wages: Evidence from Linked Employer-Employee Data
Lopes, Ana Sofia; Teixeira, Paulino - Institute for the Study of Labor (IZA) - 2012
This study compares the determinants of productivity and wages at both firm and worker level. In the firm-level analysis, we follow Hellerstein, Neumark and Troske (1999) and provide improved estimates based on an extended set of covariates including the intensity of firm-provided training. In...
Persistent link: https://www.econbiz.de/10010598556
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The Importance of Skill Measurement for Growth Accounting
Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina; … - Institute for the Study of Labor (IZA) - 2010
In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10008602726