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, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that – if the aim is to leverage companies' productivity – emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
Persistent link: https://www.econbiz.de/10008497587
In this paper, a decomposition method for Tobit-models is derived, which allows the differences in a censored outcome variable between two groups to be decomposed into a part that is explained by differences in observed characteristics and a part attributable to differences in the estimated...
Persistent link: https://www.econbiz.de/10005761711
We analyse a three-year panel data set of Russian firms spanning from 2000 to 2002 and we investigate the effect of regional institutional and economic factors on entry rates across time, industries and regions. The paper builds on a novel database and exploits inter-regional variation in a...
Persistent link: https://www.econbiz.de/10005822293
In this paper, we use Data Envelopment Analysis (DEA) to estimate how well China’s urban areas absorb migrant workers …
Persistent link: https://www.econbiz.de/10009395443
This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML …-Luenberger (ML) productivity growth index. MML has two advantages compared with the ML index. The former is able to consider … index is employed to measure productivity growth and decompose its components in 14 Korean industrial sectors during the …
Persistent link: https://www.econbiz.de/10010764611
nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar …
Persistent link: https://www.econbiz.de/10009323097
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10010884118
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10010884358
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...
Persistent link: https://www.econbiz.de/10009646338
Since World War II there has been: (i) a rise in the fraction of time that married households allocate to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. It is argued here that labor-saving technological progress in the household sector can...
Persistent link: https://www.econbiz.de/10005703256