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The net entry contribution to aggregate productivity growth has increased dramatically in the UK over 1990s according to calculations based on data from the Annual Respondents Database (ARD). Some recent studies have tried to link this to other structural changes over the same period such as...
Persistent link: https://www.econbiz.de/10010746177
This paper explores the effects of bank credit on firm growth before and after the recent financial crisis, taking into account different structural characteristics of banking sectors and domestic economies. Panel quantile analysis is used on a sample of 2075 euro area firms in 2005- 2011. The...
Persistent link: https://www.econbiz.de/10011189237
This paper explores the effects of bank credit on firm growth before and after the recent financial crisis, taking into account different structural characteristics of banking sectors and domestic economies. Panel quantile analysis is used on a sample of 2075 euro area firms in 2005-2011. The...
Persistent link: https://www.econbiz.de/10011198539
This paper investigates whether the industrial relations climate in Indian States has affected the pattern of manufacturing growth in the period 1958-92. We show that pro-worker amendments to the Industrial Disputes Act are associated with lowered investment, employment, productivity and output...
Persistent link: https://www.econbiz.de/10010928668
This paper investigates the impact of outsourcing on sectoral reallocation in the U.S. over the period 1947-2007, and on the rise in services in particular. Roughly 40% of the growth of the service sector comes from professional and business services. This is an unusual industry as more than 90%...
Persistent link: https://www.econbiz.de/10010744978
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual bargaining. We calibrate the model to US data and...
Persistent link: https://www.econbiz.de/10010746083
An important element of the cost of distance is time taken in delivering final and intermediate goods. We argue that time costs are qualitatively different from direct monetary costs such as freight charges. The difference arises because of uncertainty. Unsynchronised deliveries can disrupt...
Persistent link: https://www.econbiz.de/10010884687
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an \emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10010928725
This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI …, which is detrimental to trade and FDI. Employing a standard gravity-type model in a global dyadic country sample, I estimate … place by the partner country, this lowers bilateral trade and FDI by up to 19 and 25 per cent, respectively. If both …
Persistent link: https://www.econbiz.de/10010744803
The article explores the link between international economic integration and technological capability in colonial India. The example of the iron industry shows that many new ideas and skills flowed into India from Europe, but not all met with commercial success. The essay suggests a reason why....
Persistent link: https://www.econbiz.de/10010744845