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Chen, Natalie; Imbs, Jean; Scott, Andrew - Nationale Bank van België/Banque national de Belqique (BNB) - 2006

prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … naturally to a difference in differences estimation, with international differences in trade openness at the sector level … domestic and foreign openness on each economy. Using disaggregated data for EU manufacturing over the period 1989-1999 we find …

Persistent link: https://www.econbiz.de/10005060056

Comparative advantage, multi-product firms and trade liberalisation : An empirical test

Fuss, Catherine; Zhu, Linke - Nationale Bank van België/Banque national de Belqique (BNB) - 2012

This paper investigates how economies of scope in multi-product firms interact with comparative advantage in determining the effect of trade liberalisation on resource reallocation, using Belgian manufacturing firm- and firm-product-level data over the period 1997-2007. We first provide evidence...

Persistent link: https://www.econbiz.de/10009421129

(Not so) easy come, (still) easy go? Footloose multinationals revisited

Blanchard, Pierre; Dhyne, Emmanuel; Fuss, Catherine; … - Nationale Bank van België/Banque national de Belqique (BNB) - 2012

This paper revisits the "footloose" nature of multinational firms (MNFs) hypothesis. Using firm-level data for Belgium over the period 1997-2008, we rely on a Probit model and take into account the endogeneity of the determinants of firm exit. Our results may be summarised as follows. First, the...

Persistent link: https://www.econbiz.de/10011272751

European competitiveness: A semi-parametric stochastic metafrontier analysis at the firm level

Dumont, Michel; Merlevede, Bruno; Rayp, Glenn; … - Nationale Bank van België/Banque national de Belqique (BNB) - 2014

In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firmlevel competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output...

Persistent link: https://www.econbiz.de/10011272777

Micro-based evidence of EU competitiveness: The CompNet database

Force, CompNet Task - Nationale Bank van België/Banque national de Belqique (BNB) - 2014

Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...

Persistent link: https://www.econbiz.de/10011272783

Assessing European competitiveness : The new CompNet micro-based database

Lopez-Garcia, P.; di Mauro, F.; Force, the CompNet Task - Nationale Bank van België/Banque national de Belqique (BNB) - 2015

Drawing from confidential firm-level balance sheets for 17 European countries (13 Euro-Area), the paper documents the newly expanded database of cross-country comparable competitivenessrelated indicators built by the Competitiveness Research Network (CompNet). The new database provides...

Persistent link: https://www.econbiz.de/10011272788

A constrained nonparametric regression analysis of factor-biased technical change and TFP growth at the firm level

Verschelde, Marijn; Dumont, Michel; Merlevede, Bruno; … - Nationale Bank van België/Banque national de Belqique (BNB) - 2014

Using firm-level data for Belgium, we study the validity of Hicks neutrality in several sectors that cover the spectrum of knowledge intensity. We find that Hicks neutrality is clearly not supported by the data in different sectors. The results are not sensitive to altering the specification of...

Persistent link: https://www.econbiz.de/10011272790

Market imperfections, skills and total factor productivity : Firm-level evidence on Belgium and the Netherlands

Dobbelaere, Sabien; Vancauteren, Mark - Nationale Bank van België/Banque national de Belqique (BNB) - 2014

This paper revisits the relationship between competition and total factor productivity by analyzing how the type and the degree of product and labor market imperfections a¤ect di¤erent moments of total factor productivity distributions. Following the methodology developed in Dobbelaere and...

Persistent link: https://www.econbiz.de/10011272805

Rigid labour compensation and flexible employment ? Firm-level evidence with regard to productivity for Belgium

Fuss, Catherine; Wintr, Ladislav - Nationale Bank van België/Banque national de Belqique (BNB) - 2009

Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labour and real average labour compensation to microeconomic total factor productivity (TFP). Our results may be summarised as follows. First, we find that the elasticity of average labour...

Persistent link: https://www.econbiz.de/10005033321