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The Long-Term Effects of Industrial Policy

Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021

This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...

Persistent link: https://www.econbiz.de/10012629483

Productivity Effects of TVE Privatization : The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region

Sonobe, Tetsushi - 2003

While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly and widely taking place in China, it is much less known whether and to what extent privatization has improved resource allocation and productivity. As a first step toward the...

Persistent link: https://www.econbiz.de/10012469077

Investment in Capital Assets and Economic Performance : The U.S. Chemicals and Primary Metals Industries in Transition

Morrison, Catherine J. - 1991

The effects of market and technological conditions on the investment and markup behavior of firms, and their resulting impacts on economic performance, are closely interrelated and complex. In this paper determinants of and linkages among these are explored for two industries with very different...

Persistent link: https://www.econbiz.de/10012475165

What Does Codetermination Do?

Jäger, Simon; Noy, Shakked; Schoefer, Benjamin - National Bureau of Economic Research - 2021

We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management … that existing quasiexperimental estimates suggest that codetermination has zero or very small positive effects on worker … codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010 …

Persistent link: https://www.econbiz.de/10012585405

Labor in the Boardroom

Jäger, Simon - 2019

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...

Persistent link: https://www.econbiz.de/10012480463

Do Employees Benefit from Worker Representation on Corporate Boards?

Blandhol, Christine - 2020

Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question - especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...

Persistent link: https://www.econbiz.de/10012482488

Adoption and Termination of Employee Involvement Programs

Chi, Wei - 2007

This study uses a 10-year longitudinal database on U.S. manufacturing establishments to analyze the dynamics of the adoption and termination of employee involvement programs (EI). We show that firms' use of EI has not grown continuously, but rather introduce and terminate EI policies in ways...

Persistent link: https://www.econbiz.de/10012465778

Union Participation in Strategic Decisions of Corporations

Appelbaum, Eileen - 2003

This paper reviews workforce participation in strategic decisions - those that affect the basic direction of the company - when workforce interests are represented collectively through unions. We consider the problem of corporate governance and review the rationale for what we term strategic...

Persistent link: https://www.econbiz.de/10012469109

The Anatomy of Employee Involvement and Its Effects on Firms and Workers

Freeman, Richard B. - 2000

A great many American firms have organized workplace decision-making in new ways to get employees more involved in their jobs -- using policies like self-directed work teams, total equality management, quality circles, profit-sharing, and diverse other programs. This paper uses a firm-based data...

Persistent link: https://www.econbiz.de/10012470682

The Recent Transformation of Participatory Employment Practices in Japan

Kato, Takao - 2000

Using both quantitative data from national surveys and qualitative data from our own field research, this paper provides evidence on changes in participatory employment practices in Japan during the economic slowdown in the 1990s. Overall, consistent with the complementarity of such practices...

Persistent link: https://www.econbiz.de/10012470771

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