Showing 1 - 10 of 73
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …, and international trade also raise firm efficiency in the industry. Results strongly confirm that market competition …
Persistent link: https://www.econbiz.de/10005822655
era to permit free competition and effective governance by new owners. …
Persistent link: https://www.econbiz.de/10005761783
This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...
Persistent link: https://www.econbiz.de/10005761805
Economists have long been interested in analyzing entries and exits of establishments. In many countries administrative datasets provide an excellent source for detailed analysis on a fine and disaggregate level. However, administrative datasets are not without problems: restructuring and...
Persistent link: https://www.econbiz.de/10010700691
Twenty years have passed since Freeman and Medoff's What Do Unions Do? This essay assesses their analysis of how unions in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and Medoff are clearly correct that union productivity...
Persistent link: https://www.econbiz.de/10005703831
This paper studies the effect of changes in foreign competition on the incentives faced by U.S. managers in the form of … wage structures, promotion profiles, and job turnover. We use a panel of executives and measure foreign competition as … globalization on the labor market outcomes of these workers. We find that higher foreign competition leads to more incentive …
Persistent link: https://www.econbiz.de/10005763446
Do firms employing undocumented workers have a competitive advantage? Using administrative data from the state of Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival. Firms are found to engage in herding behavior, being...
Persistent link: https://www.econbiz.de/10005011904
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10005030891
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed … Strategies Survey, I show that job instability rises with competition. In particular, a one standard deviation increase in … competition in an economic sector decreases the probability that a fixed-term worker gets an open-ended contract within that …
Persistent link: https://www.econbiz.de/10009003949
This paper studies the effect of product market competition on the compensation packages that firms offer to their … executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two … financial sectors as quasi-natural experiments. We provide difference in differences estimates of the effect of competition on …
Persistent link: https://www.econbiz.de/10005566553