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integration to changes in other relevant plant characteristics. We show that increases in outsourcing of services are positively …
Persistent link: https://www.econbiz.de/10010603509
are better protected against downsizing due to larger productivity shocks and larger firing costs. …
Persistent link: https://www.econbiz.de/10009147293
We develop a theory of a firm in an environment with incomplete contracts. The firm’s headquarter decides on the …
Persistent link: https://www.econbiz.de/10008693834
We present a dynamic model where the probability of outsourcing production is increasing in the firm’s expectation of … outsourcing. No prior study has been able to provide such causal evidence. Our results are robust to the inclusion of detailed …
Persistent link: https://www.econbiz.de/10008496996
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10005703716
We investigate the relationship between outsourcing and profitability paying particular attention to the endogeneity of … outsourcing. The empirical analysis uses unique plant level data for the electronics sector in Ireland. A particular feature of … activities. We distinguish outsourcing of materials from outsourcing of services inputs. We find that plants that are …
Persistent link: https://www.econbiz.de/10005566707
organizational decision is driven by two countervailing effects: the ownership rights effect favors outsourcing, while the "indirect … outsourcing of the "less important" supplier is chosen in equilibrium. We also consider an open economy setup where the producer …
Persistent link: https://www.econbiz.de/10011279357
to answer this question. A union monitors establishments in an industry to learn about their productivity and decides …
Persistent link: https://www.econbiz.de/10010959698
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that enter in year t are less productive than incumbent...
Persistent link: https://www.econbiz.de/10005233870
American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms … and to simulate of the impact on productivity of various policy scenarios. …
Persistent link: https://www.econbiz.de/10008578127