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inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs … production process and the definition of labor input as the product of employment and effective hours worked per worker. …
Persistent link: https://www.econbiz.de/10005703129
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10005822686
Government-run entities are often more labor-intensive than private companies, even with identical production … firms. A tax-favored treatment of public production precludes production efficiency. It reduces welfare when labor supply is … net wage. This would counteract the distortion of labor supply arising from wage taxation. Full privatization is never …
Persistent link: https://www.econbiz.de/10005566720
Enterprise Performance Survey (BEEPS) to assess the effect on performance of ownership, competition, export orientation and the … variables and endogeneity that plague studies in this area. We find that foreign ownership and competition have an impact on …
Persistent link: https://www.econbiz.de/10005822639
We analyze the following questions associated with outsourcing and profit sharing under imperfect labour markets. How does strategic outsourcing influence wage formation, profit sharing and employee effort when firms commit to optimal profit sharing before wage formation or decide for profit...
Persistent link: https://www.econbiz.de/10005702993
in the production process, "production lags" for short. The broad intuition is that production activities in a modern … economy are interconnected through complex input-output relations, with production lags within individual firms, and that it …
Persistent link: https://www.econbiz.de/10005702997
We analyze the following questions associated with flexible outsourcing under partly imperfect dual domestic labour markets, where high skilled workers participate in firm's profit via profit sharing: How does the implementation of profit sharing influence flexible outsourcing? What is the...
Persistent link: https://www.econbiz.de/10005703727
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005703824
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration...
Persistent link: https://www.econbiz.de/10005822778
empirical research. Furthermore, we show that a production mode with a higher proportion of outsourcing activity reduces the … unemployment. Finally, we characterize the optimal production mode and show that stronger labour market imperfections lead to a … production mode with a higher share of outsourcing. …
Persistent link: https://www.econbiz.de/10005822911