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empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …
Persistent link: https://www.econbiz.de/10012477724
, Israel, Japan, the Netherlands, and South Korea …
Persistent link: https://www.econbiz.de/10013191046
We pursue a cross-country comparison of relative financial readiness of older households in Japan and the Republic of …, covers the principal financial channels of old age support: public and private pension plans, family support, and self-management … Americans benefit from more developed and better-funded public and private pension systems, as well as individual management of …
Persistent link: https://www.econbiz.de/10012814424
productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of … markets affects the relative productivity of firms across the region. Firms with foreign ownership and firms that export are … significantly more productive, and the productivity gap is larger the less developed is the local market. We exploit the rich set of …
Persistent link: https://www.econbiz.de/10012469820
sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …
Persistent link: https://www.econbiz.de/10012473353
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across … recent work on management practices. Our preliminary results suggest that about a quarter of cross-country and within …-country TFP gaps can be accounted for by management practices. Management seems to matter both qualitatively and quantitatively …
Persistent link: https://www.econbiz.de/10012458562
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery … industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital … inputs as well as the determinants of productivity growth in the U.S. and Japanese electrical machinery industry. The …
Persistent link: https://www.econbiz.de/10012477226
The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U.S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign multinationals averaged only 3.2 percent. Two factors distort...
Persistent link: https://www.econbiz.de/10012464663
We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt overhang. We find that the efficient recapitalization program injects capital against preferred stock plus warrants and conditions implementation on sufficient bank participation....
Persistent link: https://www.econbiz.de/10012463719
The paper examines the size and productivity of total intangible capital relative to total tangible capital for a large …
Persistent link: https://www.econbiz.de/10012464537