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Green innovations and organisational change: making better use of environmental technology
Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2012
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of … technologies and that joint adoption leads to higher productivity. Without having introduced complementary organizational … innovations, the adoption of CO2 reducing technologies is associated with lower productivity. …
Persistent link: https://www.econbiz.de/10011084545
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Does access to credit improve productivity? Evidence from Bulgarian firms
Gatti, Roberta; Love, Inessa - C.E.P.R. Discussion Papers - 2008
overdraft facility on productivity. To overcome potential omitted variable bias of OLS estimates, we use information on firms …
Persistent link: https://www.econbiz.de/10005791591
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Rising Trade Costs? Agglomeration and Trade with Endogenous Transaction Costs
Duranton, Gilles; Storper, Michael - C.E.P.R. Discussion Papers - 2005
While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.
Persistent link: https://www.econbiz.de/10005504426
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Inequality of Earnings
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
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Property rights, optimal public enforcement, and growth
Irmen, Andreas; Kuehnel, Johanna - 2011
We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...
Persistent link: https://www.econbiz.de/10010280647
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antràs, Pol - C.E.P.R. Discussion Papers - 2011
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400
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Global Sourcing of a Complex Good
Van Biesebroeck, Johannes; Zhang, Lijun - C.E.P.R. Discussion Papers - 2011
We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...
Persistent link: https://www.econbiz.de/10009324256
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Organizing the Global Value Chain
Antràs, Pol; Chor, Davin - C.E.P.R. Discussion Papers - 2012
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10011083351
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Intellectual Property Rights and Efficient Firm Organization
Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012
I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...
Persistent link: https://www.econbiz.de/10011084191
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Joint Ownership and the Hold-up Problem Under Asymmetric Information
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2007
In the standard property rights approach to the theory of the firm, joint ownership cannot be optimal, because it induces smaller investments in human capital than ownership by a single party. This result holds under the assumption that bargaining is always ex post efficient due to symmetric...
Persistent link: https://www.econbiz.de/10005792483