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 …

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 …

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. …

) stresses the role of labor deepening, including the reallocation from agriculture, while more recent analysis points to the … 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 …

stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …We refine modelling of the radical innovation decision in this paper by extending real option theory to include non …

set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …

model, we use novel and detailed productivity and survey data from nine large firms in three industries: call … profits per worker and the difference is driven by referrals from high productivity workers. …

stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms …' human capital investments and innovation performance, the Canadian longitudinal linked employer-employee data from 1999 …-2006. Our results, with workplace fixed-effects and allowing for time-varying productivity shocks, demonstrate that more …