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We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
Persistent link: https://www.econbiz.de/10005097880
We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings structure. Potential effects of intensified international competition and skill?biased...
Persistent link: https://www.econbiz.de/10005097972
investigate the relationship between exports and productivity. Our overall results are in line with the big picture that is by now … controlled for, and these exporter productivity premia tend to increase with the share of exports in total sales; there is strong … government report higher productivity premia. However, the level of development per se does not appear to be an explanation for …
Persistent link: https://www.econbiz.de/10005098040
?intensive firms. Comparing the impacts on productivity and wage costs shows that ICT raise the profitability of training high …
Persistent link: https://www.econbiz.de/10005097535
The study of the innovative output of firms often relies on a count of patents filed at one single office of reference such as the European Patent Office (EPO). Yet, not all firms file their patents at the EPO, raising the specter of a selection bias. Using a novel dataset of the whole...
Persistent link: https://www.econbiz.de/10010957647
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10005097622
The financial and non-financial involvement of venture capitalists is supposed to be positively correlated with firm performance. This paper deals with the evaluation of the impact of venture capitalists on employment growth of new founded firms. Differences between high-tech and low-tech...
Persistent link: https://www.econbiz.de/10005098230
, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign …
Persistent link: https://www.econbiz.de/10010957608
This paper analyzes the relationship of ownership concentration and firm performance in the context of different institutional environments in 28 Central and Eastern European transition economies. Using the BEEPS data for the period from 2002 to 2009 we find an inverted u-shaped relation of...
Persistent link: https://www.econbiz.de/10008794610
The viability of modern open science norms and practices depend on public disclosure of new knowledge, methods, and materials. However, increasing industry funding of research can restrict the dissemination of results and materials. We show, through a survey sample of 837 German scientists in...
Persistent link: https://www.econbiz.de/10010957657