Showing 1 - 10 of 217
might be infrastructure investment. This paper provides a dual profit theoretical framework of measuring the effects of … infrastructure on economic performance in terms of gains in profits, cost savings, as well as in terms of productivity growth … productivity growth reveals that the economic performance could be enhanced by investing in infrastructure capital …
Persistent link: https://www.econbiz.de/10013316826
We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We … over to the case of non-renewable resource industries. The profitability of a symmetric cross-ownership can be positive …
Persistent link: https://www.econbiz.de/10012824811
How can tax policy improve financial stability? Recent studies suggest large stability gains from eliminating the debt bias in corporate taxation. It is well known that this reform reduces bank leverage. This paper analyzes a novel, complementary channel: risk taking. We model banks’ portfolio...
Persistent link: https://www.econbiz.de/10013250732
price shocks. Following a migrant inflow, labor costs decline and employment expands. Labor productivity decreases sharply … migration mostly benefits low- productivity firms within locations. As migrants select into high-productivity destinations …, migration however strongly contributes to the equalization of factor productivity across locations …
Persistent link: https://www.econbiz.de/10012892144
firms position themselves in global production lines and how this evolves with productivity and performance over the firm … profit margins. We rationalize these patterns with a stylized model of the firm lifecycle with complementarity between the …
Persistent link: https://www.econbiz.de/10012501399
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …
Persistent link: https://www.econbiz.de/10013316626
According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...
Persistent link: https://www.econbiz.de/10010277092
taken place since the early 2000s are driven more by profitability considerations and private entrepreneurship than by …
Persistent link: https://www.econbiz.de/10012841149
about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making …
Persistent link: https://www.econbiz.de/10012892229
on profits, we find that the monopolist’s aggregate profit is a U-shaped function of the privacy cost whatever the degree … of the monopolist’s information accuracy. Still, the profit effects of consumers’ identity management choices are shown … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …
Persistent link: https://www.econbiz.de/10013213778