Showing 1 - 10 of 517
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …In this paper, we investigate the economic returns to industrial espionage by linking information from East Germany …-1989, we document a significant narrowing of sectoral West-to-East TFP gaps as a result of East Germany's industrial espionage …
Persistent link: https://www.econbiz.de/10012951837
Concave hiring rules imply that firms respond more to bad shocks than to good shocks. They provide a unified explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate countercyclical movement in both aggregate conditional...
Persistent link: https://www.econbiz.de/10012956881
This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakis’s (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...
Persistent link: https://www.econbiz.de/10010690383
Since 2003 German hospitals are reimbursed according to diagnosis related groups (DRGs). Patient classification in neonatology is based inter alia on birth weight, with substantial discontinuities in reimbursement at eight different thresholds. These discontinuities create strong incentives to...
Persistent link: https://www.econbiz.de/10013078523
suggests that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a gap … the Global Financial Crisis, I show that tight credit reduced investments in productivity-enhancement, and significantly ….2% higher today if productivity-enhancing investment intensity had remained at its pre-crisis level …
Persistent link: https://www.econbiz.de/10012964611
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10012930598
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10013141023
We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill (RSM) in India to understand how output rose sharply in response to competitive pressures. Output increases came predominantly from reductions in production delays of various kinds. We model...
Persistent link: https://www.econbiz.de/10013122384
total factor productivity. We exploit time, country, and industry differences in the opening of EU labor markets from 2004 …
Persistent link: https://www.econbiz.de/10012927105
model predicts the impact of different patterns of state ownership and/or political connectedness on firm productivity …, and total factor productivity (TFP) using firm-level data for China between 1998 and 2007. We find, consistent with the …
Persistent link: https://www.econbiz.de/10012964690