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When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the US or EU? We develop a model where factors of production have costs of adjustment and so are partially “trapped” in producing old goods. Trade liberalization with a low...
Persistent link: https://www.econbiz.de/10010745467
. The same is true if we consider the number of products traded. With regard to productivity differentials, firms that both …-selection in both export and import markets. Also, the productivity advantage of exporters reported in the literature may be …
Persistent link: https://www.econbiz.de/10010745332
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10010744856
" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using … firms’ Total Factor Productivity would have been at least 5% lower in 2000 (about $14bn) in the absence of the US R&D growth …
Persistent link: https://www.econbiz.de/10010745644
productivity in the public sector using a new panel data set of police departments covering 1987-2003. While IT adoption is …-level characteristics and the endogeneity of IT use. IT investments do, however, appear to improve police productivity when complemented …
Persistent link: https://www.econbiz.de/10010745994
In this chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes … practices and productivity. We start with some facts on levels and trends of both HRM and productivity and the main economic … analyses the impact of HRM on productivity emphasizing issues of methodology, data and results (from micro-econometric studies …
Persistent link: https://www.econbiz.de/10010746475
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive effect from technology (knowledge) spillovers and a...
Persistent link: https://www.econbiz.de/10011126004
and decentralization. Productivity dispersion between firms and countries has motivated the improved measurement of firm … identification of the productivity effects of organizational practices remain a challenge for future research. …
Persistent link: https://www.econbiz.de/10011071170
-level productivity, profitability, Tobin’s Q, sales growth and survival rates. Management practices also display significant cross …
Persistent link: https://www.econbiz.de/10010928804
In this paper we propose a market consistent futures price dynamics model for cap-andtrade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme (EU ETS). Historical price dynamics for the EU ETS suggest that, both, European emission Allowances (EUAs) and Certified...
Persistent link: https://www.econbiz.de/10010745195