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The Role of the Corporate Income Tax as an Automatic Stabilizer
Buettner, Thiess - 2009
This paper analyses the effectiveness of the corporate income tax as an automatic stabilizer. It employs a unique firm-level dataset of German manufacturers combining financial statements with firm-specific information about credit market restrictions. The results show that approximately 20 per...
Persistent link: https://www.econbiz.de/10013156033
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Margins of Multinational Labor Substitution
Muendler, Marc-Andreas - 2008
Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...
Persistent link: https://www.econbiz.de/10012774187
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The Ifo Industry Growth Accounting Database
Roehn, Oliver - 2007
In this paper we present a new database that allows deep industry-level growth accounting from 1991-2003. The database allows for the first complete analysis of the German industry performance drivers based on the contributions of 12 asset types in 52 different industries. The industry sources...
Persistent link: https://www.econbiz.de/10012777641
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Sources of the German Productivity Demise - Tracing the Effects of Industry-Level ICT Investment
Eicher, Theo S. - 2007
While the US experienced two successive labor productivity surges in 1995 and 2000, Germany's productivity declined … dramatically during the same period. We examine the sources of Germany's productivity demise using the ifo industry growth … reduction in German labor hours, our data show that Information, Communication and Technology (ICT) investment in Germany was …
Persistent link: https://www.econbiz.de/10012777731
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Foreign Ownership and the Extensive Margins of Exports : Evidence for Manufacturing Enterprises in Germany
Raff, Horst; Wagner, Joachim - 2021
exports and take this model to data from Germany, one of the leading actors on the world market for goods. In line with …
Persistent link: https://www.econbiz.de/10013315735
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What Drives Aggregate Investment? : Evidence from German Survey Data
Bachmann, Ruediger; Zorn, Peter - 2021
The ifo Investment Survey asks firms in the German manufacturing sector about the importance of sales, technological factors, finance, return expectations, and macroeconomic policy for their investment activity in a given year. We show that these subjective investment determinants 1) capture...
Persistent link: https://www.econbiz.de/10013315790
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The Influence of Product Liability on Vertical Product Differentiation
Baumann, Florian - 2015
This paper explores the impact of product liability on vertical product differentiation when product safety is perfectly observable. In a two-stage competition, duopolistic firms are subject to strict liability and segment the market such that a low-safety product is marketed at a low price to...
Persistent link: https://www.econbiz.de/10013023185
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Intellectual Property Rights, Product Complexity, and the Organization of Multinational Firms
Naghavi, Alireza; Spies, Julia; Toubal, Farid - 2021
This paper studies how the Intellectual Property Right (IPR) regime in destination countries influences the way multinationals structure the international organization of their production. In particular, we explore how multinationals divide tasks of different complexities across countries with...
Persistent link: https://www.econbiz.de/10013315712
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The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms
Daveri, Francesco - 2010
Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the...
Persistent link: https://www.econbiz.de/10013137867
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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
Daveri, Francesco - 2010
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a sample of Italian manufacturing firms. A high share of temporary - thus unexperienced - workers is associated to low innovation and productivity. The effect of managerial...
Persistent link: https://www.econbiz.de/10013141023