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productivity. We do so by developing a quantitative model with heterogeneous firms and international trade where firms can invest … cover the fixed costs of sourcing foreign inputs, which in turn also has a benign impact on measured productivity. Using …&D investment play a key role in explaining firm-level productivity growth. Moreover, the estimated returns to R&D are significantly …
Persistent link: https://www.econbiz.de/10011084440
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
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …
Persistent link: https://www.econbiz.de/10011171780
We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … explaining the positive export-productivity association documented in prior research. For the sample of small innovating firms …, we find no significant differences in productivity levels between exporters and non-exporters. Especially product …
Persistent link: https://www.econbiz.de/10005792473
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995 …-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the … justified on the basis of data through the end of 1999 in their claim that part of the post-1995 productivity growth revival …
Persistent link: https://www.econbiz.de/10005123790
the technological frontiers. Furthermore, the negative effect of financial constraints on productivity is amplified as …
Persistent link: https://www.econbiz.de/10008468676
The effects of the quality of institutions on economic development and comparative advantage have been so far investigated separately. This paper proposes a theoretical framework in which trade patterns and growth rates are jointly determined by international differences in contract enforcement...
Persistent link: https://www.econbiz.de/10005498068
we develop has three main features: (i) the recurrent arrival of scientific discoveries that generate productivity gains …
Persistent link: https://www.econbiz.de/10011262883
This paper looks at the factors driving regional growth in Mexico, paying special attention to the potentially growth-enhancing role of innovation and innovation policy. The analysis combines innovation variables with indicators linked to the formation of adequate social conditions for...
Persistent link: https://www.econbiz.de/10011083786
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent...
Persistent link: https://www.econbiz.de/10011083861