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that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to …
Persistent link: https://www.econbiz.de/10012997337
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10013087281
modernization investments, including ICT. The second part of the paper presents evidence on firms’ productivity paths, and the … heterogeneity in productivity among relatively similar firms. I also present selected evidence of these firms’ investments in … specific areas and how they affected their productivity. The observation of important intra-industry differences across …
Persistent link: https://www.econbiz.de/10013316362
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010607007
modernization investments, including ICT. The second part of the paper presents evidence on firms’ productivity paths, and the … heterogeneity in productivity among relatively similar firms. I also present selected evidence of these firms’ investments in … specific areas and how they affected their productivity. The observation of important intra-industry differences across …
Persistent link: https://www.econbiz.de/10004979391
We determine the optimal health policy mix when the average utility of patients increases with the supply of drugs available in a therapeutic class. Health risk coverage rely on two instruments, copayment and reference pricing, that affect the supported risk composed by health expenses and...
Persistent link: https://www.econbiz.de/10013086413
We determine the optimal health policy mix when the average utility of patients increases with the supply of drugs available in a therapeutic class. Health risk coverage rely on two instruments, copayment and reference pricing, that affect the supported risk composed by health expenses and...
Persistent link: https://www.econbiz.de/10010610086
As a part of their industry or competition policies governments decide whether to allow for free market entry of firms or to regulate market access. We analyze a model where governments (ab)use these policy decisions for strategic reasons in an international setting. Multiple equilibria of this...
Persistent link: https://www.econbiz.de/10005196323
The introduction of firm size into labor search models raises the question how wages are set when average and marginal product differ. We develop and analyze an alternative to the existing bargaining framework: Firms compete for labor by publicly posting long–term contracts. In such a...
Persistent link: https://www.econbiz.de/10013038280
elsewhere) can be used by multinational firms which have different productivity to serve the market abroad when product chains … abroad by either horizontal or vertical FDI. Upon opening a market to trade, firms with the lowest productivity will exit …, those with intermediate productivity will export, and those with higher productivity will choose fragmentation. Among the …
Persistent link: https://www.econbiz.de/10013082006